paper to digital

4
Paper to Digital Expensive and inefficient Lacks any auditable records Environmentally unsustainable Costs average of $3.50 for standard paper to be processed Average office space taken up by paper is 15.3%; could drop to 7.4% with electronic only filing

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Page 1: Paper to digital

Paper to Digital

•Expensive and inefficient•Lacks any auditable records•Environmentally unsustainable•Costs average of $3.50 for standard paper to be processed•Average office space taken up by paper is 15.3%; could drop to 7.4% with electronic only filing

Page 2: Paper to digital

Time

6 months 1 year

Offsite mailroom

Paper to DigitalAc

coun

ts P

ayab

le 4

0%

Physical 30%

Email 60%

EDI 10%

D-Hub 70%

P2P 100%

VarietySt

ruct

ured

Do

cum

ents

40%

Whi

te M

ail

20%

Template 80%

Template 20%

Optimise

Classification/Exception

Optimise

Optimise

Page 3: Paper to digital

Paper to Digital

Page 4: Paper to digital

Electronic Invoicing

Vs Traditional

• 77% of invoices emailed get printed out as least once•Costs between $10 - $25 to process an invoice into an ERP

Paper to Digital