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June 3, 2011

90 Percent Of Businesses Think They Are Inefficient

A recent survey conducted by Iron Management Inc. found that 90 percent of companies feel that they are inefficient when it comes to data-intensive processes.

Contract management, accounts payable and order fulfillment were among the processes that managers thought their companies could improve, according to Iron Management, which surveyed 5,500 managers. It recommends more sharing of information across departments, using as few paper files as possible and eliminating redundancy.

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