With more companies turning to third-party partners to help them expand their business capabilities without breaking the bank, there has been a surge in interest — and concern — about third-party risk management.

The COVID-19 pandemic put over 1.2 billion children across the globe out of the classroom, fostering a rise in home-based learning that is persisting well into 2021. While schools were already investing in educational technologies, spending $18.66 billion in 2019 alone, the shift to remote learning accelerated adoption of these tools, including video conferencing technologies, language applications, online learning software, and more.

As more businesses transition to a more digital operational environment, the need to protect data is escalating. And, while over half of small businesses claim it would take them three months to recover from a disaster, over 75% of them don’t have a disaster plan in place. And that’s unfortunate since downtime can cost companies up to $300,000 per hour.

As sweeping changes brought about by the coronavirus pandemic continue to impact the legal industry, more law firms are looking to grow their revenue and provide exceptional service through the deployment of technology. In the legal world, digital transformation is more about ensuring a high level of compliance, performance, and customer satisfaction than just automating processes.

The COVID-19 pandemic has changed the way businesses around the world operate. No industry has been immune to these massive changes in the way people work and interact with the professionals they trust. Face-to-face meetings have been replaced by video chats, for example. Even as the world begins to open back up, many of the changes that have taken place over the past year are likely here to stay.

Running a private medical practice is a challenging, but rewarding, business endeavor. Other than staff, patient documents are the most valuable parts of any medical practice. They serve an important role in ongoing patient relationships and require incredible care in order to protect patient privacy. Unfortunately, managing these documents in traditional ways can prove to be time consuming and costly. For a small, private practice; document management is even more challenging thank to limited staff resources and space for storing documents.

Many offices over the past year have moved to work from home models or hybrid models, meaning there are less people on the premises using the office equipment. Plus, digital communication is becoming more and more popular each year which means less printing for communications. With reduced demand on printers, does the standard office printer still have a place in a modern business? Or, should businesses move on from office printers as we know them?

2020 was a challenging year for businesses and individuals alike. However, as the economy begins to open up completely across the nation in 2021, things are looking up. In fact, the global growth for 2021 is projected to be 5.6% which is a massive rebound from a difficult year. This presents a number of opportunities for businesses across all industries and there will be unprecedented need for printed materials.

Disruptive digital technologies are presenting new ways for the legal sector to achieve digital transformation, enabling more accessible, client-focused legal services for current and future clients. These technologies provide a new level of efficiency and support to legal teams, freeing them up to focus on client care and other high-value tasks. But to truly harness the power of these tools, lawyers must understand the influence of these technologies and how they can be used to their fullest to acquire and retain clients — and achieve a new standard of profitability.

If you have access to a multi-functional copier/printer, which I will refer to as a device, you can most likely produce professional looking booklets. Like any project, a little planning can make a big difference. For optimum quality and ease of production, utilizing a device with a booklet finisher is strongly advised but not absolutely necessary. A booklet finisher is a great asset if you want to produce medium to large quantities of booklets.