Around 25% of international companies who digitized their board of directors saved nearly €10,000 in savings. The advantages of embracing a paperless boardroomĪccording to DiliTrust, figures showcase the advantages that companies who adopt a digital board portal can experience. It also highlights how the company sees its future development and prospects. The rise of the Corporate Social Responsibility business model has been influential in encouraging companies to reflect in a pragmatic way, the effects that their decisions have on our society. Going paperless is an integral part of overall Corporate Social Responsibility. Particularly this can mean that companies begin a dematerialization process as part of an overall sustainable strategy. It also spells change for companies who decided to scrap paper. It can also increase productivity, efficiency and accelerate the fluidity of internal and external communication within the company. It can increase the company’s profitability and return on investment. Thanks to the steady momentum of socio-economic and environmental discourse in 2019, business trends like zero paper are gathering speed.įor the average business, going paperless has many advantages. At work, a ripple effect of technology’s impact can be seen in the structure, organization and daily functioning of the company as well as the development of its relationships with employees, partners and of course, customers. As well as simplifying many aspects of our personal lives, progressive technologies have also changed how we work. With so many people switching to e-invoicing and payment portals it only makes sense to get ahead of the game and start saving early.In recent years, the pace of digital acceleration has meant that digital technologies are an inescapable daily reality. You’re able to save more money and time and your customers will come to appreciate the functionality of it too. In the end, having customer go paperless is a win-win situation. Further, make the switch extremely easy so no one feels as though they are being penalized for not wanting to use an unintuitive system. However, if you explain to each customer why you are making the switch and how it will benefit them, the switch will be more manageable. You don’t want customers to switch vendors simply because you want everyone to go paperless. Give each customer who decides to go paperless a chance to win a gift card or enter them into a rewards program. If they opt-in to using e-invoicing or a customer portal, give them a $1 off each monthly statement. Offer a discount for customers to go paperless. Some customers may even be lured by the idea of better environmental practices. Explain to your customers how online portals and e-invoicing saves time and money, while also explaining that it is a secure way to go. Some customers may just not be paying attention to the ease of going paperless, while others may have their reservations. The farther back they can go online the more sense going paperless will make. Make their online payment and account history more easily accessible and trackable. Paper statements can only give so much before you’re mailing a novel. Make this experience so good they won’t want to go back to paper statements. Give them tools to use like graphs and charts. If your payment portal is difficult to find on your website, most people either won’t know the option is there or will give up trying to find it. You have to make their online experience easy. Here are 6 easy ways to encourage customers to go paperless: ONLINE EXPERIENCE With all of the savings you can benefit from by switching your customers to paperless, from postage to labor costs, it’s worth it to take a little time to try and talk them into it. But the one thing that’s standing in your way is, “How do I get my customer’s to go paperless?” E-invoicing and using online payment portals are great and they get you paid faster, but if your customers aren’t using them it’s pretty useless.Most companies these days have gone paperless and the use of paper checks is declining, but there are still some companies that are hanging onto the Stone Age. Maybe you’ve already implemented an automated accounts receivable software, or maybe you’re still considering it.
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