Free Yourself from Paper
Four score and seven years ago our fathers brought forth a new nation, and they did all this on paper. Well, parchment, but you get what we mean.
In 1775, Paul Revere was dispatched with a message to announce that the “British were Coming!” On paper.
In 1776, “Common Sense,” the documented challenge of British authority, was published. On paper.
In 2016, Lin-Manuel Miranda wrote the Tony Award-winning musical, Hamilton. Allegedly, on paper.
Our history is riddled with paper, but even though it was a big thing in 1776, doesn’t necessarily mean that it holds up in today’s technological climate.
We the People
Tradition is a big part in any history, and we’ve been relying on our paper bad habit since the founding of our country. The most notable offense? Bill pay. Paying bills by paper has been a long-standing tradition in the United States, but it comes with some taxing issues. Including:
- Wasted money. Paper processing of bills is so ingrained in some companies, the true cost is overlooked. Postage, the costs of materials, inventory, printing, labor, equipment, and bank fees all add up to a surprisingly substantial amount.
- Hurts the environment. The Environmental Protection Agency (EPA) reported that every year an average person in the United States uses the equivalent of a 10-story-tall Douglas fir tree in paper. Each year in the United States, we publish 24 billion newspapers, 350 million magazines, and 2 billion books. In fact, 27% of all our waste is paper.
- Evokes errors. There’s no denying it, manual data entry will leave your records riddled with errors. By not utilizing a digital separation of duties you’re opening up your business to inconsistent reporting, a record of discrepancies, and the potential for fraud.
Declare Your Independence from Paper
There are countless benefits to automating your financial back office. Including:
- Increased security. Fraud is not a joke, and paper is inherently insecure.
- Convenience. That mobile anytime, anywhere lifestyle is literally at your fingertips.
- Accounting software integration. Most automated solutions integrate seamlessly with your accounting software. You’ll find that Xero, QuickBooks, Intacct, and NetSuite are even better with an automated tech stack.
Tradition is great, but not when it’s at the expense of your finances. No more wasted money! No more hurting the environment! No more errors! With cloud-based solutions, your company’s finances don’t have to be a battle. It’s dare we say it—revolutionary.