The article "Greener Pastures for the Billing Process" was published on the website eponline.com on Oct 18, 2012.
The article carries a lot of comment on the digital revolution which is making business and personal communications, media content consumption, household banking and a host of other activities largely paper-free, which is obviously a big plus for the environment.
Giving appraisal of the situation it's necessary to point out that an intensely paper-driven operation, billing departments in companies of all types and sizes are taking advantage of new technology to convert virtually every business billing transaction to an electronic platform.
Analyzing the situation it's necessary to emphasize that the author told us that driving the billing process to greener pastures makes sense for everyone involved.
In addition to reducing the environmental impact of paper billing, electronic invoicing and payment transactions deliver huge time and money savings to the companies that produce invoices while also providing significant benefits to bill recipients.
In this connection it’s worthwhile mentioning that today, businesses across many industries are sending over 80% of their bills via electronic channels and receiving the round-trip payments electronically. Whether an HVAC supplier, apparel manufacturer or industrial plastic distributor, all have achieved remarkable eBilling rates.
Speaking of this situation it is also interesting to note that the author suggests Tips for Launching a Green Billing Initiative :
·Designate a green billing champion
·Set objectives
·Provide a variety of green billing methods
·Explain the strategy to customers
·Provide incentives to customers
In conclusion the author of the article expresses the view that businesses can make a major reduction in their environmental impact by improving the billing process, but it’s important to keep the big picture in mind and choose methods that will deliver real results.The good news is that more and more companies are giving sustainability initiatives a higher priority in the name of good corporate citizenship. Those that do so can make real progress by moving to a green billing process that seeks to eliminate the use of paper. When companies move toward sustainable billing practices, everyone wins: Company sustainability goals are advanced. Processing costs are dramatically reduced. Companies and customers alike save time and money. And the environment takes less of a hit from wasteful paper-based invoicing and payment transactions. For these reasons, it’s time to move billing to greener pastures.
As for me I think that the digital revolution will be of benefit not only to the environment, but also to people.They will become more advanced in this area, plus deforestation and waste will be reduced .
The article carries a lot of comment on the digital revolution which is making business and personal communications, media content consumption, household banking and a host of other activities largely paper-free, which is obviously a big plus for the environment.
Giving appraisal of the situation it's necessary to point out that an intensely paper-driven operation, billing departments in companies of all types and sizes are taking advantage of new technology to convert virtually every business billing transaction to an electronic platform.
Analyzing the situation it's necessary to emphasize that the author told us that driving the billing process to greener pastures makes sense for everyone involved.
In addition to reducing the environmental impact of paper billing, electronic invoicing and payment transactions deliver huge time and money savings to the companies that produce invoices while also providing significant benefits to bill recipients.
In this connection it’s worthwhile mentioning that today, businesses across many industries are sending over 80% of their bills via electronic channels and receiving the round-trip payments electronically. Whether an HVAC supplier, apparel manufacturer or industrial plastic distributor, all have achieved remarkable eBilling rates.
Speaking of this situation it is also interesting to note that the author suggests Tips for Launching a Green Billing Initiative :
·Designate a green billing champion
·Set objectives
·Provide a variety of green billing methods
·Explain the strategy to customers
·Provide incentives to customers
In conclusion the author of the article expresses the view that businesses can make a major reduction in their environmental impact by improving the billing process, but it’s important to keep the big picture in mind and choose methods that will deliver real results.The good news is that more and more companies are giving sustainability initiatives a higher priority in the name of good corporate citizenship. Those that do so can make real progress by moving to a green billing process that seeks to eliminate the use of paper. When companies move toward sustainable billing practices, everyone wins: Company sustainability goals are advanced. Processing costs are dramatically reduced. Companies and customers alike save time and money. And the environment takes less of a hit from wasteful paper-based invoicing and payment transactions. For these reasons, it’s time to move billing to greener pastures.
As for me I think that the digital revolution will be of benefit not only to the environment, but also to people.They will become more advanced in this area, plus deforestation and waste will be reduced .
Well Done!
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…will BENEFIT not only…the environment..but also…people