By making the choice to reduce unnecessary printing, you’ll be able to save a significant amount of money on overhead costs. Think about it – printer ink, paper supplies, and printers/copiers can really add up! By embracing digital solutions and minimising physical documents, you’ll not only save money but also contribute to a more sustainable and environmentally-friendly workplace. It’s a win-win situation!
Money savings
The amount of money you can save by going paperless is truly remarkable and it all depends on the size and nature of your operation. According to the experts at totallypaperless.com, a single four-drawer cabinet can hold an astonishing 15,000 to 20,000 pieces of paper. Just think about the cost associated with all those thousands of pages – approximately $25,000! And let’s not forget about the annual maintenance expenses that add up to an extra $2000. By embracing a paperless approach, you have the opportunity to significantly reduce these costs and invest those savings back into your business. The future is bright and promising when you embrace digital solutions!
Imagine the possibilities if you were to digitally outsource your accounting work! As an accounting firm with a thriving client base and abundant work, the potential for growth is astronomical. By embracing digital outsourcing, you open yourself up to countless opportunities for expansion and success. Don’t let those filing cabinets hold you back from reaching new heights of profitability. The future is bright when you embrace innovation!
It’s truly inspiring to see how organisations like Yale University are embracing technology and promoting paperless offices. They have set a great example for others to follow. In 2011, they made significant changes in multiple departments and reaped the benefits of these environmentally-friendly practices. The Student Employment office alone managed to save an impressive $100,000 annually by going digital with their timesheets. Similarly, the Finance and Business Operations department saved around $60,000 by publishing their annual report exclusively online. Even the School of Medicine took a proactive approach by providing iPads to replace paper course packets, resulting in savings of approximately $92,000. These success stories demonstrate how embracing digital solutions can not only contribute to cost savings but also help protect our environment.
Enhanced productivity
Digital documents offer an expedited workflow. Improved efficiency in the workplace is a game-changer. With digital documents, you can easily search for specific files or keywords within seconds, eliminating the need to sift through stacks of paper. Additionally, sharing documents with just a few clicks saves valuable time compared to traditional methods like photocopying and mailing. The best part? Your clients and customers will benefit from this streamlined process too, enjoying faster turnaround times that leave everyone satisfied.
Save on real estate
By embracing outsourcing accounting, you can significantly reduce the amount of physical space required for filing cabinets. This means you no longer have to allocate valuable real estate for storing these cabinets. Additionally, since tasks are being handled overseas, there is no need to hire additional staff members for in-house operations. As a result, you can save even more space that would have otherwise been used for desks, computer servers, and other office equipment. This optimistic approach not only streamlines your business operations but also opens up possibilities for utilising your space more efficiently.
Regain time
By embracing outsourcing and adopting environmentally friendly practices, your business can reclaim valuable time. No longer will you need to dedicate hours to manually searching through filing cabinets or sifting through stacks of paper documents to find vital information. Outsourcing allows for efficient organisation and easy access to data, ensuring that you can quickly locate any specific piece of information you need. With this streamlined approach, your business can enjoy increased productivity and more time for important tasks.
Outsourcing accounting jobs can significantly mitigate disaster risks
While filing cabinet-makers have made durable cabinets, the threat of fires, floods, and thefts still looms over your business’s financial stability if all your critical data is stored in one physical location. By embracing digital solutions, you greatly minimise the likelihood of losing all that valuable information. Plus, the added advantage is that you can access it from anywhere, even from the comfort of your home. So even if you forget to bring a physical copy back to the office for extra work hours at night, it won’t hinder your progress. Get ready to experience peace of mind and increased flexibility with outsourced accounting!
You have the opportunity to showcase your achievements and increase your revenue
By digitally outsourcing your accounting jobs, you not only streamline your business operations but also have the opportunity to proudly display an “environmentally friendly” sticker on your brand. The positive impact on the environment can translate into real financial gains too. In fact, a Canadian study found that 88% of women and 71% of men consider environmental impact when making purchasing decisions. Additionally, a survey highlighted in this article reveals that 72% of millennials are willing to pay extra for services that follow sustainable practices. So by embracing digital outsourcing, you’re not just benefiting financially but also contributing to a greener world.
Making the upgrade
We understand that taking a leap and incorporating digitally outsourcing accounting into your business can be a little intimidating. However, we have made the process as seamless and hassle-free as possible.