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  • 2015
  • May
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  • The Costs of Not Going Paperless

The Costs of Not Going Paperless

Caroline McDonald
May 1, 2015April 13, 2015 No Comments
going paperless Paper Bills

going paperless

Even with increased efforts to go paperless, 57% of U.S. companies still rely on paper forms and the average worker uses 10,000 sheets of paper every year. What’s more, the expenses of keeping these forms quickly add up—a four-drawer cabinet holds about 12,000 documents and it takes one employee to maintain every 12 filing cabinets.

Capturing and storing data on paper forms costs businesses worldwide more than $30 billion annually, according to Insight Mobile Data’s “Mobile Forms: 10 Surprising Benefits of Going Paperless.”

Many are still reluctant to give up something they can physically hold onto, but more companies are recognizing the benefits, which include up to 50% in productivity gains, up to 10 times faster turnaround, a reduction in lost documents and improved customer service.

Organizations need company-wide support to phase out paper forms as well as a clear understanding of related legal issues. Challenging vendors to demonstrate the systems and technologies a company can use to eliminate paper forms is also helpful.

Companies are advised to put themselves in their customers’ shoes and ask: “How patient are you with companies you do business with as you fill out paperwork? Now, how do you think your customers feel about you?”

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