Paperless Billing: Did You Know...

Whatever your reason for considering paperless billing, theres data to support the switch. If you havent gone paperless yet, here are some interesting facts about e-billing that might have you scratching your head, wondering why you havent done it yet.

Environmental Costs

Are you concerned about the environment? We all know that not using paper saves trees, but according to the Paperless Project, theres even more at stake. Think about the entire supply and consumption chain. We use limited resources like oil and water to turn trees into paper, more oil to ship it and thats before even a single drop of ink is consumed or a single envelope is loaded onto a mail truck. Post-consumption costs are high too. According to the EPA, more than a quarter of the solid waste produced each year is paper. That translates into a lot of landfill space for paper that doesnt make it into a blue bucket.

Time Costs

Frustrated with getting paid too slowly? When one of our clients needed to make the case for paperless billing to his boss, he pointed out that no matter where in the world customers are, they get their bills in 15 minutes. If they pay on the spot, the money is in the bank by 6 AM the next day. You dont get better cash flow than that. Pretty convincing, but what if customers dont check their email that often? Just add a text message notification, and theyll be reminded to log on.

Business Costs

Are you under the gun to lower costs in a down economy? Lets talk about the cost of consuming paper. How much do you spend each year for not just paper, but postage, toner, printer maintenance and staff time used for billing projects not to mention frustration (think paper jams and reprints due to errors)? The money you save by implementing a paperless billing system can help you meet your financial goals you can even pass down some of the savings to your customers.

About the Author:
Lower the Cost of Doing Business

Whatever your concern, we can help you lower the cost of doing business with paperless billing. Please contact Tom Rich or Mark Henry for more information.

Article Originally Published On: http://www.articlesnatch.com

Tags: paperless billing

, ebilling

, electronic billing system

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