Worldwide, use of paper has risen by 400% in the last 40 years. Plus, when your company goes paperless, it can experience other benefits, such as increased productivity, optimized workflows and a seamless, integrated experience—which, in turn, lead to improved employee morale and greater customer satisfaction. By snsuperadmin Paper may seem harmless, but in reality, it causes severe environmental damage and has far reaching effects. It’s not just the use of paper that’s bad for the environment. There may be good reasons to go paperless, but saving trees isn’t one of them Banks, credit card companies, insurers and many other businesses ask us to go paperless to help save the environment. Physical office space is also freed up when documents are digitized and stored in the cloud, which eliminates the burden and cost of filing and storing massive amounts of paperwork. [1] It takes 1.5 cups of water to make 1 sheet of paper. Environmental reasons to go paperless. Going paperless reduces unsightly clutter in your home, and also helps the environment: According to 41pounds.org , the production of junk mail destroys more than 100 million trees each year. Reasons To Go Paperless. Rapid deforestation – much of it to produce paper products – is a huge concern for our environment. Plus, storing and managing paper records can cost 50 to 75 times more than electronic records, and the expenses associated with maintaining the records in just one standard filing cabinet have been estimated at $2,000 annually. Today they can share a digital document with other team members all around the world. And the burning of fuel releases greenhouse gases. This increased usage takes a huge toll on trees. While the environment isn’t the only reason to go paperless, it’s a good cause that many of your employees can invest in. But most business leaders have no idea how much a digitally-connected company can boost the efficiency and productivity of their entire operation. E-invoicing and e-payments can work together to create a seamless, paperless process for every party involved in the transaction. Offices contribute a … It has become more important than ever for businesses to go paperless. 11 Benefits of Going Paperless in Business. At SIGNiX, we’re proud that our cloud-based Independent E-SignaturesTM help many companies in a variety of industries—including healthcare, financial services, real estate, life sciences and more—transition to eco-friendly, paperless digital processes. 1. paperless trends going green going digital paperless technology World Environment Day. Adopting a paperless office isn’t just a feel-good strategy, however. A number of benefits are achieved by going paperless: Reduce business cost associated with paper, printers, copiers, fax machines, ink and toner cartridges Eliminate filing cabinets and reduce office space Conduct business in a mobile environment resulting in faster responses to … In a world in which fresh drinking water is a growing concern, this is certainly food for thought. If you want to reduce your environmental impact, then reducing paper usage and switching to paperless forms is a great step. Not only is it easy, but multiple backups can be created, both onsite and offsite, which makes disaster recovery a breeze. On-demand: A Paperless Business: Increase productivity and efficiencies by going digital. Just a few decades ago, work teams relied on stacks of printed, collated and stapled reports. The ability to invoice customers and vendors digitally is also a huge leap from traditional printed paper invoices that had to be folded and stuffed into envelopes, which were run through a postage machine and delivered by mail. No matter what kind of data you are collecting, chances are it can be collected digitally. Here are the clear reasons why. Here are five great reasons to go paperless that have nothing to do with the environment. Reduce business cost associated with paper, printers, copiers, fax machines, ink and toner cartridges, repairs and... 2. Reasons to Go Paperless 3 hours ago by Paul Doran 0 If you’re inundated with requests by utility providers, department store credit cards, and insurance companies to “go paperless” but haven’t made the switch to digital statements yet, you’re missing out on some great benefits. This over-use of paper has a huge impact on a company’s carbon footprint – not just from the chopping down of trees to make the paper, but also on the fossil fuel power used for printing, and the chemicals involved, too. 1. Save money and storage 8- Saves Nonrenewable Resources. Making one tonne of paper emits more than 1.5 tonnes of CO2 equivalent, It takes 1.5 cups of water to make 1 sheet of paper. According to the U.S. Environmental Protection Agency, the average American uses about one 100-foot-tall Douglas fir tree's equivalent in paper each year. Embracing paperless methods makes business sense for many reasons, including: When processes are handled digitally, employees spend less time physically handling paper— like making copies, filling out forms, mailing contracts and filing documents. The digital transformation of the company processes is not only immensely rewarding, but it is also becoming a necessity due to technical advancements and demands in the 21st century. Save your business money. Worldwide, use of paper has risen by 400% in the last 40 years. 1. We also hope to educate others about our environment, so here are some facts you should know: Despite modern society’s affinity for digital life, there’s still room for improvement when it comes to reducing paper waste and conserving our natural resources. 7 Reasons to Have a Paperless Business CUNA Mutual Group is inviting credit unions to sign up for paperless policies to help the environment and raise funds for the National Credit Union Foundation (NCUF). Paperless workflows are the way of the future. Paperless statements are helpful for the environment by reducing the amount of paper we use. The world's #1 way to sign electronically, Generate documents from inside Salesforce, Automate redlining, approvals and version control, Explore a full-featured version of DocuSign for free with no obligations, Learn about DocuSign through our free, self-paced, guided courses, Insights on digital transformation from the DocuSign development team. There is no doubt that the environment is a factor to consider in going paperless. As a result, many are suspicious of marketing claims that going paperless will save trees or protect the environment. Transitioning to the cloud for data storage and cutting back on paper usage is not only good for your business’s bottom line—it’s also good for the environment. Want further proof that going paperless saves? Did you know that paper manufacturing is one of the worst offenders when it comes to pollution? Using less paper means we cut down fewer trees, and use less of the chemicals and water that paper making demands. It turns out that environmental awareness pays off. In fact, it has been the new black for a while, with environmentally responsible companies the world over looking for cost-effective, high-impact ways to become more environmentally friendly. The simplest security benefit of going digital is the ease of backing up your data. For instance, having a green-minded business may translate into converting your current filing cabinets into a proper digital system. When the papers in the landfills rot, they release methane, a greenhouse gas which is an environmental pollutant. One of those efficiencies is going paperless. Therefore, in our article, we want to focus on the business benefits of going paperless. Benefits of Going Paperless: In an ongoing attempt to improve efficiency, reduce costs, and reduce environmental impact, companies are beginning to transform their operations to paperless processes. As reported on pymnts.com, Basware’s recommends businesses reduce their environmental impact by sending and receiving invoices electronically, tossing the paper catalog, and cutting out the paper in payments. Here are the clear reasons why. Pixabay With the planet on the verge of environmental disaster, it is more important than ever to find ways to reduce our impact on the natural world. By year’s end, much of that paper ends up in the shredder or the trash. By going paperless in your office, you are helping to conserve our world’s water sources. Estimates indicate that employees spend roughly 30% of their time scouting for paper documents. The most obvious reason to go paperless is to reduce paper usage. 1. By opting for digital statements, you’ll be saving trees and helping the environment. Environment – It may not seem like much when you go paperless, but the amount of paper that is saved when many people move to digital does add up quickly. Rapid deforestation – much of it to produce paper products – is a huge concern for our environment. Quixy is a quick and easy way to go paperless in under a week. Nevertheless, the advantages of going paperless extend a lot further, and we are going to reveal more about them in this blog post. Making the change to a paperless office isn’t just friendly to the environment, it can also have advantages such as saving money, space, and …