Paper vs. Electronic Filing
Day to Day Operations
| Paper-Based Systems |
Electronic Systems |
- Student forms are filled out with pen and paper
- Forms are placed into file folders and stored in cabinets
- When a file is needed, it will be pulled from cabinet
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- Electronic forms and signature pads are used to create documents
- Classification system allows for easy check-ins into the SchoolDocs system
- Quick and easy search and retrieval options are available
|
Regulatory Compliance
| Paper-Based Systems |
Electronic Systems |
- Manual pull of files
- Physical check of files
- Hand-written checklists
- No automated security
- No automated tracking
- Disruptive on-site audits
- Copies and shipment to servicers
|
- Easy access to documents
- Easy review of electronic forms, files, and scans
- Automated compliance
- Advanced security & access controls
- Audit trails and history
- Electronic sharing of files with auditors, multiple campuses, or third parties
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Return on Investment
| Paper-Based Systems |
Electronic Systems |
- High storage costs
- Expense of fire proof file cabinets and safes
- Maintenance cost of space used for filing
- Expense of paper, toner, copies, and other supplies
- High delivery costs including postage and shipping of paper between campuses or third parties
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- Reduced costs related to searching for documents
- Reduced time duplicating lost documents
- Disaster recovery system
- Retention policy enforcement
- Student privacy and security enforcement
- Improved financial aid, admissions, enrollment, and placement processes
- Easy sharing of electronic files with third parties, such as auditors, servicers, and students
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