Home Smart 100 2012 PaperAct Electronic Filing Cabinet (SMART 100)

PaperAct Electronic Filing Cabinet (SMART 100)

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The following SMART 100 profile and the information it contains is a duplication of content submitted by the applicant during the entry process. As a function of entry, applicants were required to declare that all details are factually correct, do not infringe on another’s intellectual property and are not unlawful, threatening, defamatory, invasive of privacy, obscene, or otherwise objectionable. Some profiles have been edited for reasons of space and clarity. More about the SMART 100.

PaperAct Electronic Filing Cabinet (VIC)

This innovation initially came to life when…

PaperAct’s innovative approach to electronic filing came to life due to the frustration of the co-founders and the limitations of current scanning and filing of all business documents.

Document filing practices (physical and electronic) don’t take into account the current need of consolidating all your online and offline filing systems.

Businesses are “forced” to use and maintain separate filing systems while spending wasted hours in searching for files and documents.

PaperAct incorporates your paper documents, important e-mails, attachments and faxes, securely filing all your documents so you never have to waste time or money searching through filing cabinets again.

WHAT & HOW

The purpose of this innovation is to…

Provide a state-of-the-art filing solution for storing, organising and accessing all business documents anywhere, anytime. PaperAct consolidates your paper, e-mails, attachments and electronic documents saving you time, money and space. Delivered in easy to use plug-and-play appliance.

It does this by…

Delivering a plug-and-play appliance (with high-speed double-sided scanner) that can replace tens of fully populated, physical four-drawer filing cabinets saving considerable floor space, filing time and money!

This amazing piece of equipment (not bigger than your office printer) securely stores and files all your documents. There is no software to instal on computers, networks or servers!

PURPOSE & BENEFITS

This innovation improves on what came before because…

PaperAct improves on what exists in the market because it allows SMBs and SOHOs to use functionality that was traditionally available to the “big end of town”.

With no software to instal (browser-based) and no hardware to procure, a plug-and-play solution is ideal for every business that needs to file paper, e-mails, attachments, electronic files and more.

Its various benefits to the customer/end-user include…

PaperAct provides:

  • Consolidated view of all documents
  • Accessibility from anywhere at any time using any device
  • No software to install
  • “Google-like” search engine, including optical recognition of paper documents
  • Smartphone apps for capturing documents
  • Saves time, space and money

COMPETITIVE LANDSCAPE

In the past, this problem was solved by…

In the past, businesses that wanted to replace their filing cabinet had to buy a scanner, software, hardware, licenses and “stitch these together”.

Although the basic technology building blocks required to significantly improve this process have existed for a long time, the absence of an integrated, purpose-built, turnkey solution has significantly impeded the obvious end-benefits that can be realised.

Its predecessors/competitors include…

PaperAct competitors or programs that offer filing-like capabilities are SHSU, SimpleIndex, PearlDocx, PSIGEN, FabSoftReform, DocPoint, Vscan, EMC ApplicationExtender, PaperPort, DOCS2MANAGE, DocuCabinet, FileSphere and even sharepoint. Lower-end cloud solutions might include billeo.com, dropbox.net, everNote, scanr.com, expensr.com and shoeboxed.com.

TARGET MARKET

It is made for…

PaperAct is made available and specifically designed for Small Office/Home Office and Small-to-Medium Business. PaperAct is a state-of-the-art solution which leverages the power of the Internet and cloud computing to deliver mobility, portability, scalability and pay-as-you-go access. PaperAct is being used by many organisations such as: Medical practitioners, Medical Clinics, Hospital Departments, Dentists, Bookkeepers, Real Estate Agencies, Audio Testing Clinics, Contracts Office, Body Corporate, Small-to-Mid Manufacturers, Despatch Departments, Accounting Departments Legal, Business Executive Home Office, Project Management Companies Property Developers, Builders and more. (See: http://www.paperact.com/paperact-customers-case-study/)

DISTRIBUTION STRATEGY

It is available for sale through…

PaperAct Electronic Filing Cabinet Appliance is currently available for sale directly from PaperAct Solution or through authorised resellers. The appliance is sold as a subscription (rent) service, fully supported.

PaperAct Cloud Solution is currently in beta and available online.

Our marketing strategy is to…

Our marketing strategy is to take PaperAct to market by extending our resellers base and ultimately use resellers in Aus/USA/UK as the main channel to market, while we focus on the support, maintenance and technology.

PaperAct is now in the process of formalising a go-to-market strategy in the USA working with partners and investors in Silicon Valley.

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