12 Key Reasons for Going Paperless
In light of the Covid-19 pandemic, companies have been compelled to reevaluate their existing business practices. The transition to a paperless approach has gained significant prominence and necessity as remote work has become the norm. Embracing digital forms and documents is the way forward to enhance efficiency and ensure streamlined processes.
Opting for a paperless system offers various advantages, not only for the environment but also for boosting overall staff productivity. Documentation issues account for up to 21% of staff productivity loss, making the shift to a paperless environment even more compelling. Additionally, going paperless can yield long-term financial and administrative benefits for businesses. According to McKinsey, 59% of businesses achieved a complete return on investment (ROI) in under a year, while 84% accomplished it within 18 months. Here are several reasons to consider the paperless approach for the future:
