DocPath Offers a Greener, More Efficient Way to Handle Payments and Receivables
Document software company offers tips for "greening" a company's accounting process.
- (1888PressRelease) May 25, 2011 - ATLANTA - Companies looking to go green should start by examining their own accounting process. According to Reduce.org, nearly 3.7 million tons of copy paper or 700 billion sheets are used annually in the United States alone+. Businesses have an opportunity to leverage document software to increase efficiency while reducing costs and waste associated with their payment procedures.
"Think about how much time, energy and resources go into invoicing and collecting from clients. One bill could be physically sent to multiple locations by the time it is finally paid. The stamps, fuel, paper, consumables and time spent on each transaction all have an impact on a company's bottom-line and the environment," said Julio Olivares, CEO of DocPath Corp. "Document software can play a significant role in helping businesses save up to 20 percent annually while helping them go green."
DocPath, a leading provider of document software, offers these tips to help companies improve their accounting cycle and achieve a greener business:
• Automate the process: Scanning invoices into all-in-one machines that can print, fax, copy, send and receive electronic documents by email represent a huge potential savings in capital costs. Energy savings are realized by eliminating multiple machines. Resources can be better allocated away from manual processes such as filing, labeling, sharing and storing information.
• Capture electronic signatures: Most business-to-business transactions don't stop with the payment itself. Purchase orders, invoices and other forms often require signatures and approvals before they can be processed. Capturing these electronically can significantly improve turnaround time, especially when working with employees and vendors in remote office locations.
• Eliminate the physical warehouse: The volume of stored paper can increase quickly and be overwhelming and expensive. Moving to a digital storage or filing system provides an easy way to not only access information quickly, but preserve and retain it in a corporate computer system for years to come.
• Promote a cultural change: Eliminate unnecessary confusion and stress. Modern software tools can help streamline the process, thereby enhancing productivity and profitability.
About DocPath
Founded in 1992, DocPath develops and sells software that covers the entire document life cycle and helps companies across the globe produce and manage their documents. Among its international clients are prestigiously-recognized banks and front-line corporations, for which it facilitates the difficult and complex task of designing, generating and distributing their critical business documents. DocPath maintains a strong commitment to R&D, an area to which it allocates 50 percent of its revenue. For more information, visit www.docpath.com.
DocPath and the DocPath logo are DocPath Document Solutions registered trademarks. All rights reserved. Other mentioned trademarks may be property of their respective owners.
+Reduce.org - Reducing Waste in the Workplace http://156.98.19.245/workplace/index.html.
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