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Tuesday, December 27, 2011

ARDEM Helps Companies Create an 'Electronic Filing Cabinet'


An Article written by the Princeton Packet in 2004:

A paper trail might be good on Election Day, but for the other 364 days of the year, the problem is not too little, but too much paper — in our offices, personal filing cabinets and mailboxes.
   With so many company stockrooms overflowing with paper invoices and client records, Montgomery resident Arun Malhotra decided to found Ardem, a company that provides document scanning, indexing and retrieval services for a wide array of industries, with a particular focus on the medical, legal and architectural industries.
   "We help our clients create a paperless work flow," said Mr. Malhotra, who moved to the United States from New Delhi, India, 25 years ago and earned an MBA. He later worked in an operational management role for a large international manufacturing company.
   With high-speed scanners, Web servers and access to transcriptionists working from in Mr. Malhotra's native country, Ardem helps businesses set up an "electronic filing cabinet." Much of the demand for transcription and document conversion is coming from the medical industry — hospitals and doctors' offices that are making patient health records electronic — but Mr. Malhotra also notes strong demand from law firms and architectural firms.
   "You look at the medical industry — the drive is primarily for the insistence to make medical records electronic," he said. "Then there's the legal industry. The lawyers have boxes and boxes of paper they have to deal with."
   Ardem does more than just turn paper and ink into binary code; it also creates "smart documents" — documents that are organized, indexed and quickly accessible with a few search words.
   "It's more than just scanning," says Mr. Malhotra. "If you just scan a piece of paper, you get million of files — it's not the end objective. You have to be able to make those files intelligent. That's where the combination of software and labor comes into the picture.
   "Let's say I'm a diabetic patient and I have certain medical requirements that the doctor needs to search on," he continued. "So when you make a file for 'Arun Malhotra' put it in under 'diabetic.'"
   Mr. Malhotra says Ardem provides a more cost-effective solution to digitize workflow than in-house resources because of Ardem's high-speed scanners. Digitizing an architectural drawing in-house, for example, costs about $12 in labor and resources, versus Ardem's $3, he said.
   The global document management market generated $3 billion in revenue in 2003 and is expected to grow 9 percent a year or more, to more than $4.5 billion by 2008, according to research firm IDC in Framingham, Mass.
   When you consider other statistics — like the fact that approximately 35 percent of workers' time is wasted searching for documents and over 10 percent of documents get lost or misfiled — Mr. Malhotra says "it becomes clear why this is a tool that businesses are increasingly relying upon to improve their productivity." 

http://www.ardem.net





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ARDEM Inc.
124 HIllsborough Road
Hillsborough NJ 08844
ARDEM Incorporated
Hillsborough, New Jersey.USA.
http://www.ardem.net


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