Remember the old days when people showed up to budget meetings with reams of spreadsheets and files of paperwork and receipts and reports? For too many businesses, this isn’t relegated to the past as yet.
Accounting paperwork is probably one of the biggest culprits for paper usage and it is so unnecessary in today’s online environment. High quality budgeting, forecasting and reporting software reduces the need for you to print. Everything can be stored online and anybody, with permission, can access all of that information from wherever they are, online in real time.
That chaotic boardroom table piled high with paper is easily replaced by each person with their own device being able to follow along and see any changes and answer any questions right there and then. Even supporting paperwork can be uploaded to the system for ease of reference.
Besides being riddled with errors, incredibly inefficient and just plain awkward, the massive waste of paper is also having a harmful effect on the environment. You can drastically reduce your company’s carbon footprint by simply reducing your paper usage.
After potentially 100 years of growth, a single tree can only produce a finite number of reams of paper; not to mention the massive amounts of carbon dioxide released producing that paper. A single company using less paper literally makes a difference. If the many reasons to move across to specialised budgeting software weren’t enough motivation, this should certainly help.
Going paperless can also save your company large sums of actual cash. Automating more elements of your business and moving across to specialised software allows businesses to reduce filing costs, data entry costs, storage costs and remove the costs of ink and paper. These savings add up and can show an impressive return on investment.
Going paperless is going green and going green is the easiest way to have a lasting positive impact on the environment, feel good about yourself and, at the same time, save your business money!