Why Organizations Choose Paperless Billing To Become More Fruitful
The growth of the internet has helped people in more ways than one. People have started finding out the advantages and benefits associated with the use of internet and the kind of benefits and advantages it affords to people who have chosen this mode of communication and technology. It is quite common to see a lot of companies big and small coming out with a number of websites, discussion forums and social media sites. Of the many things that are changing with the arrival of internet one of the biggest changes has been the tendency to shift to paperless billing. This indeed is a great achievement and a gift of the internet to the world. Today thousands of transactions take place online without the use of any paper. People now believe in exchanging communication using email rather than sending communication using paper. There are quite a number of advantages that are available when people move to a paperless billing environment.
First and foremost companies can save a lot of money by resorting to paperless billing. According to some recent estimated each year USA alone spends around $35 billion on paper, postage and other such expenses, just to send out bills and statements on paper to customers. If even a part of this could be converted into paperless modes of communication a lot of money could be saved which could be put to better use. So moving to a paperless environment is not a fashion statement but a logical and common sense thing to because it entails saving millions of dollars world over.
The above is from the companys point of view. There are other savings to which comes the customers way. People spend a lot of money sending checks by post to companies or banks or even individuals as payment for some transaction, service or loans. If this whole process of sending checks was replace by online transfer of funds, this alone would result in huge savings for the customers, which again can be put to better use. Even regular correspondence between friends, relatives and between organizations can be done almost totally with the use of the internet and other modes of communication that are paperless. This also will help customers to save a lot of money. All these money saved can be used for enhancing the life style of the customers or doing something that is close to their heart
The biggest and most obvious benefit of switching over to a paperless payment method can be gauged from the following simple yet highly thought provoking facts. Each and every time you receive a bill in your post box, there are a number of steps the small little bill has to go through. The bill has to be printed on to paper with the help of a printing machine and then it has to be moved from the companys premises to the post and then on to your residential address. There are a lot of people involved in the whole process who also need to be paid salaries and other such benefits. The bill does not come alone and has to be accompanied by an envelope and a covering letter which has to be confined to the dust bin. Hence there is a huge wastage of paper which can be avoided. In fact it has been estimated at found out that almost 31 tons of paper can be saved if each and every companys customers switch over to paperless billing. This amounts to felling down around 750 trees and if this is converted into energy it can give power to around 13 average sized home throughout the year. Additionally moving to a paperless billing environment helps save a lot of water and other natural resources. Hence, if we are responsible to our environment we will immediately move to paperless billing forthwith.
First and foremost companies can save a lot of money by resorting to paperless billing. According to some recent estimated each year USA alone spends around $35 billion on paper, postage and other such expenses, just to send out bills and statements on paper to customers. If even a part of this could be converted into paperless modes of communication a lot of money could be saved which could be put to better use. So moving to a paperless environment is not a fashion statement but a logical and common sense thing to because it entails saving millions of dollars world over.
The above is from the companys point of view. There are other savings to which comes the customers way. People spend a lot of money sending checks by post to companies or banks or even individuals as payment for some transaction, service or loans. If this whole process of sending checks was replace by online transfer of funds, this alone would result in huge savings for the customers, which again can be put to better use. Even regular correspondence between friends, relatives and between organizations can be done almost totally with the use of the internet and other modes of communication that are paperless. This also will help customers to save a lot of money. All these money saved can be used for enhancing the life style of the customers or doing something that is close to their heart
The biggest and most obvious benefit of switching over to a paperless payment method can be gauged from the following simple yet highly thought provoking facts. Each and every time you receive a bill in your post box, there are a number of steps the small little bill has to go through. The bill has to be printed on to paper with the help of a printing machine and then it has to be moved from the companys premises to the post and then on to your residential address. There are a lot of people involved in the whole process who also need to be paid salaries and other such benefits. The bill does not come alone and has to be accompanied by an envelope and a covering letter which has to be confined to the dust bin. Hence there is a huge wastage of paper which can be avoided. In fact it has been estimated at found out that almost 31 tons of paper can be saved if each and every companys customers switch over to paperless billing. This amounts to felling down around 750 trees and if this is converted into energy it can give power to around 13 average sized home throughout the year. Additionally moving to a paperless billing environment helps save a lot of water and other natural resources. Hence, if we are responsible to our environment we will immediately move to paperless billing forthwith.
