How Digital Processing Can Help Your Business Go Green
Electronic payables solutions like Transzap's are helping businesses reduce paper consumption as well as processing time and costs
For decades companies have been awash in paper, with the desks of accountants piled high with invoices and purchase orders. As these companies have grown, so has the number and size of their business documents, as well as the cost to process them. The estimated price tag for a company to process a paper invoice (which might require up to 60 manual steps) currently ranges between $20 and $100 per document - even more in some instances. But that's not the only cost involved with traditional paper-based invoice processing. There are steep productivity and environmental costs as well.
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