Know Your Total Cost of Ownership
How much is your organization really spending to print documents? You can audit your organization’s printers yourself to determine this. Here’s how.
Step 7. Factor in the cost of service plans, if any. If you have a click rate plan that includes consumables, here is where that cost is calculated. For a 4730 our service plan includes no consumables; we pay $273 annually.
Step 8. Add it all up. For every machine add: (annual consumables cost or click rate) + (annual device cost) + (annual cost of service plans, if any) and bingo: there is your annual total cost of operation. For our HP 4730, here are the numbers:
- Companies:
- Ricoh Corp.
- Xerox Corp.
- People:
- Richard griffin
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