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The average organization spends $20 in labor to file each paper document and $120 searching for a misplaced document. Organizations lose one out of every 20 documents, make 19 copies of each document, and spend 25 hours recreating lost documents. This inefficient process wastes hundreds of hours and thousands of dollars yearly. The Open V Portal is a document management solution that eliminates paper clutter, increases efficiency, saves costs, improves communication, streamlines workflow, and provides access to information anytime, anywhere. The Open BDMS solution helps capture and file all documents in a secure repository and manages them effectively.