There's no one answer to explain why
The benefits of embracing document management software are many. First of all, it brings your company squarely into the 21st century. If you believe that your business is a little behind the times because you're typing up and printing out your records, or even filling out forms manually, chances are other companies and individual customers you work with do too. This way, everyone involved can rest assured that your firm is making the most of the technology available to it.
Other perks can include freed up office space because you can get rid of clunky and massive filing cabinets that can be a major eyesore in your otherwise cool work place, or perhaps the fact that using document management software can enable all parties to have access to the same file at the same time, allowing work to be done quicker.
When invoices in particular make their way to the digital sphere, many companies find that they can
The cost savings alone should be motivating
Many company executives realized that if they go paperless the money they can save over time would be significant. There would not be any requirement of buying printers, costs of paper or ink, and other factors. Saving enough should be a virtual no-brainer.
However, if a business is limited in their time, effort, and digitization options, even if they just make all invoicing a paperless process they're sure to save a lot. Property Management Insider reported that apartment management firm Bell Partners is
Plus, the source said that this type of
Cut out a lot of time
That time you and your employees spend twiddling your thumbs, waiting for invoices to show up can be all but eliminated by going paperless. Intuit noted that the results of a survey revealed that companies that digitize are
Not just that, but think of all the time you could save if your workers didn't have to input every piece of data manually into the computer - it's already there for them.
Clients want to buy in too
Property Management Insider reported that many companies find that they are supported in their endeavors to
"Since we made the decision to accept only electronic invoices, the adoption rate for our vendors has been incredible," Bell Partners Vice President of Purchasing Mark Vernon told the news source. "We currently receive close to 75 percent of all invoices online, and that number continues to rise."
If the clients are ready and willing to go paperless and your firm can save money and see other perks from digitizing, why would you consider any other option?