Reasons to start the new year by adopting paperless solutions

One of your New Year’s resolutions should be to go paperless. The past 12 months have been anything but smooth-sailing, especially for businesses, thanks in large part to the coronavirus pandemic. Investing in paperless solutions such as a document management system (DMS) is an excellent way to cope with 2020’s aftermath and enhance your business’s resilience to challenges that may arrive in 2021.

Why should you invest in paperless solutions in 2021?
A major bulk of the challenges your business will face in the next months will be aftereffects of the events of 2020. You need to go paperless for the following reasons:

1. To save money
If you want to conserve resources, a good way to do so without compromising quality or stability is to stop costly procedures in favor of cost-effective alternatives.

The true cost of paper-centric document management

If you’re still printing out paper documents and storing them in bulky file cabinets, then you should consider investing in a document management system (DMS) instead. Not only are traditional, paper-centric document management processes inconvenient and unsecure, but they also cost a lot of money to execute and maintain.

Building vendor trust with AP automation

In business, it’s crucial that you establish and maintain a good relationship not just with your customers, but also with your vendors. Besides time-tested habits like being honest and communicating effectively, new technologies that enhance the efficiency and accuracy of your transactions, such as accounts payable (AP) automation, can also help get your business on your suppliers’ good side.

PaperSave named a Leader in AP Automation by G2

G2 — one of the world’s leading peer-to-peer review sites — aggregates feedback from its community and other online sources, to determine the top business solutions in the market. PaperSave has consistently placed highly in G2’s rankings. Over the years, we have received multiple accolades that recognized not only our solutions’ extensive capabilities, but also their ability to address our customers’ needs.

4 Benefits of AP automation for SMBs

When you run a small- or medium-sized business (SMB), you need to manage your resources wisely, whether it’s money, time, or something as mundane as paper. Investing in document management solutions with accounts payable (AP) automation solutions like PaperSave will streamline your processes, cutting costs and maximizing productivity as a result.