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Free Yourself from Paper

Independence

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:

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.

June 30, 2017
Kate Wilson
Social Media Manager, Bill.com
Kate is in charge of all things social at Bill.com. When she's not writing every type of content imaginable, she's drinking strong coffee and debating the use of the Oxford comma with her coworkers.