Page 200 - Accounting Best Practices
P. 200

c10.qxd  7/31/03  3:12 PM  Page 189
                                                                                             189
                                10–4  Implement Document Imaging
                                tines taking place), and being available to anyone with the correct kind of access.
                                These are formidable advantages and have caused many larger corporations to
                                adopt this approach as the best way to avoid the majority of their filing problems.
                                   To implement a document-imaging system, one must first obtain a document
                                scanner with a sufficiently high throughput speed and resolution to allow scan-
                                ning a multitude of documents, as well as scanning with a sufficient degree of
                                clarity to obtain a quality digital image. This scanner must be linked to a high-
                                capacity storage device, usually one using multiple compact discs that is called a
                                ‘‘CD jukebox” and a file server containing the index file that tracks the location
                                of all digital documents stored in the jukebox. A number of terminals are also
                                necessary to link to this system, so that users may access digitized documents
                                from as many company locations as necessary. A graphical view of this layout is
                                shown in Exhibit 10.2.
                                   There are some problems with digital document storage that make it useful
                                in only selected cases. One is cost—the entire system, especially the storage
                                device, can easily bring the total cost into the six-digit range, with high-end sys-
                                tems for large corporations exceeding a million dollars. Also, there is a consider-
                                able workload required to set up the system, for a large portion of a company’s
                                existing documents must be scanned into the system, as do new documents that
                                are generated every day. There is also an issue with legality, for it may be neces-
                                sary to continue to retain some paper documents, given the murky nature of the
                                law regarding the acceptability of digitized documents in a legal action. In addi-
                                tion, if a document is not properly indexed when it is first scanned into the system
                                (i.e., given an access code that allows a user to more easily find it), it is possible




























                                Exhibit 10.2 Overview of the Document-Imaging Process
   195   196   197   198   199   200   201   202   203   204   205