If your business finds itself behind in the “Go Paperless” trend, you may want to pay attention, because your resistance could be costing you more than you know.
Here are just a few of the benefits to adopting a paperless work environment.
Don’t worry, we aren’t trying to shame you into going paperless. It just helps to know all of the facts before choosing to adopt a paper-free lifestyle. But just in case you were wondering, pulp and paper production is the 3rd largest industrial pollutant for air, water and land in the world!
Couple that with the University of Colorado’s study illustrating that enough paper is thrown away each year to make a 12’ wall from New York to California! This doesn’t even count the environmental impact of the production and disposal of ink cartridges and toner!
Every year businesses in the United States spend between $25-$35 BILLION on filing and storing documents!
Part this is contributed to the cost and maintenance of filing cabinets (which we would be remiss if we didn’t point out all of the space you would gain if you didn’t need them anymore.)
Plus, think about what you spend in Toner, paper, postage and other paper related supplies!
45% of companies report that prior to adopting a paperless policy, it took over 3 weeks to get their contracts signed. After making the switch, document turnaround time was improved by over 80%!
In fact, 84% of the companies that made the switch, report achieving a payback of investment in less than 18 months of going paper-free, according to Mckinsey.com.