Dealers and resellers offered new recurring revenue streams.

 

Cypher IQ has launched a new AI-powered Scan and Store Workflow Wizard designed specifically for managed print service (MPS) providers looking to expand beyond print and into digital workflow automation.

 

As copier sales decline and scanning now accounts for almost 30 per cent of MFD use, the ‘Wizard’ helps dealers and resellers capture new recurring revenue streams, according to the head of the Australian-based workflow automation platform. 

 

Cypher IQ CEO, Cameron Lawes said: “For years, MPS businesses have looked for a solution that moves the conversation beyond cost-per-page. Until now, options have been too complex or costly. 

 

“With copier sales down nine per cent in 2024, print revenues falling five per cent year-on-year, and paper consumption dropping 11.4 per cent, MPS providers are under growing pressure to diversify. 

 

“At the same time, scanning already accounts for 30 per cent of multifunction device usage, highlighting a major growth opportunity for the industry,” Lawes said.

 

“The Scan and Store Workflow Wizard makes scanning faster, smarter, and more profitable. From the device panel, users can send documents directly to platforms such as SharePoint, OneDrive, Google Drive, or network folders. Automated metadata tagging and OCR ensure documents are consistently named, filed, and instantly searchable,” he added.