Benefits of a Paperless Office| Hyland (2024)

What is a paperless office?

A paperless office is a workplace that has minimal paper-based processes and relies on digitized documents instead. Some organizations prefer the term “paper-light” as many offices and departments cannot completely eliminate paper files because of process or compliance requirements.

Regardless, reducing the use of paper helps accelerate an organization’s digital transformation journey. This typically involves transitioning to an electronic paperless document managing system that digitizes files and stores it in a central repository.

The benefits of going paperless

Corporations in the US spend more than $120 billion per year on printed forms alone, most of which become obsolete within three months and end up in the trash. On top of that, office workers spend 30-40% of their time looking for documents in physical file cabinets.

Some of the most paper-intense departments are human resources, accounts payableand receivable, facilities management and customer service, which deal with a high volume of applications, resumes, receipts, work orders, invoices, bills, and more.

Evidently, working with paper documents creates problems that prevent an employee from being productive and an organization from saving costs. Adopting a paperless system can solve these challenges and achieve benefits like:

Saving time spent on locating and retrieving physical files.
Digital documents can be easily organized and indexed, which makes finding the files you need much faster with search capabilities. As documents become more accessible, the time taken to retrieve files is significantly cut down so your team can be more productive and focus on other high-value tasks.

Promoting collaboration among team members.
Staff are able to share files digitally without printing and view updated and past versions of documents. This minimizes the steps and optimizes the workflow when working together on documents.

Improving security of information.
Access rights can be assigned and revoked according to user level and document type. With granular security settings, confidential and sensitive information can be tracked and protected against misuse and unauthorized changes. This also reduces the risk of loss and theft.

Saving costs spent on printing and storing documents.
Eliminating the majority of paperwork helps you save money spent on paper and filing cabinets, as well as other costs like photocopier ink and office stationery.

How to transform into a paperless office

A paperless document managementsystem captures and stores information digitallyon a single platform with integrated search options. In order to ease the change from paper to digital, you can start by:

  • Determining the right solution. The platform that you deploy should address and solve your unique business needs and challenges, with the flexibility to adapt to changes and scale with growth.
  • Starting the digitizing process. This is likely the most challenging part because of the time and labor involved. The magnitude of the work depends on how many paper files there are to begin with. However, with the help of your solutions provider, you can work on a strategy to tackle the digitizing process that can then be implemented as best practices for employees.
  • Instilling change management. A crucial part of any successful transformation initiative is gaining buy-in from stakeholders. Help your team understand the need for change and how a new system helps them become more productive, impactful and valuable in their work. Develop a training program to prepare employees on handling new processes and gather feedback from them for further improvement.

Learn more about enterprise content management

As with any change, it will take time for your organization to adjust. It is recommended to start on a smaller scale withcritical processesthat have the most impact from going paperless, before scaling the solution to other processes and departments.

Related articles

Benefits of a Paperless Office| Hyland (2024)

FAQs

Benefits of a Paperless Office| Hyland? ›

Paperless offices can process a much larger volume of paperwork compared to traditional offices in the same amount of time. Further, digitization reduces money spent on paper, printers, ink, postage, office space for files and employee time to manage paperwork.

What are the advantages of a paperless office? ›

Paperless offices can process a much larger volume of paperwork compared to traditional offices in the same amount of time. Further, digitization reduces money spent on paper, printers, ink, postage, office space for files and employee time to manage paperwork.

Why is it a good idea to be paperless at work? ›

Going paperless can make a huge difference in how teams work together in the workplace. You can share and edit digital files in real time, making it easier for everyone to work together. Not only that, but it'll help speed up projects and reduce the chances of mistakes due to outdated info.

What are the pros and cons of going paperless? ›

Paperless Office Advantages... And Disadvantages
  • Advantage: Save Money and Space.
  • Disadvantage: Resources are Needed for IT Management and Training.
  • Advantage: Boost your Security.
  • Disadvantage: There's Still the Potential for Cyber Attacks.
  • Advantage: Improve Document Organization and Accessibility.
Feb 14, 2023

What are the benefits of paperless statement? ›

While paper bills help make payments and payment reminders more tangible, benefits of going paperless include:
  • Reduced costs. ...
  • Improved security. ...
  • Quicker payments. ...
  • Better for the planet.

Is a paperless office better for the environment? ›

Alternatively, paperless software significantly cuts down on expenses across the board and, importantly, reduces your carbon footprint. From an environmental point of view, reducing the use of paper saves trees and conserves energy used in converting those trees into paper and in transporting paper products.

Why do you think companies are changing to a paperless office? ›

It makes it easier to find information

Since everything is stored digitally, it's much easier to find the information needed because you don't need to search in filing cabinets or physical folders to look for what you need. When you eliminate paper documents, you need to be more efficient in how you store information.

What is the goal of going paperless? ›

The goal of going paperless is to reduce the environmental impact of paper usage, streamline workflows, and improve efficiency and productivity.

How can we encourage paperless office? ›

How do I make my office paperless?
  1. Use the cloud. Create a streamlined file storage and retrieval system to reduce paper copies using the cloud. ...
  2. Remove printers. ...
  3. Scan documents. ...
  4. Forward fax documents to your email. ...
  5. Sign documents digitally. ...
  6. Switch to digital business cards. ...
  7. Use digital invoices. ...
  8. Take green notes.

What is the problem of paperless office? ›

Hardware malfunction could lead to data loss. Endpoints may not be robust. There is also an additional cost involved when IT needs to upgrade older devices to keep up with new technology. The end users are afraid of losing access to data and so choose to have physical copies “just in case.”

What is the value of going paperless? ›

Save on costs

By opting for a paperless document management system, you circumvent the problem of paper prices and its associated expenses such as printers, printer ink, printer maintenance, and other office supplies. Combined, the overhead cost from these can be staggering as they quickly add up.

Why switch to paperless? ›

If most files and documents exist in a digital format, the total cost of printing in the office may decrease. Operational costs: Paperless offices may have a more streamlined workflow because of having access to important company information, which can help save time and money.

What is one advantage of a paperless workplace is that electronic documents? ›

Electronic documents are digital files that replace the traditional storage of information that was in the paper arrangement. The major advantage that the paperless workplace enjoys is that it requires little physical space to store all the information.

Why we should strive for a paperless society? ›

Environmental impact

The process of creating paper has significant impacts on our environment due to heavy usage of chemicals, water, and deforestation. Going paperless can help decrease the impact that the paper industry is having on our planet.

What percentage of companies are paperless? ›

We've entered the era of 3D printing, artificial intelligence, and missions to Mars — yet only 18 percent of companies consider themselves paperless.

What is the biggest advantage to having a virtual office? ›

From remote work to business support, the advantages of a virtual office include:
  1. Makes Businesses More Professional, Credible, and Legitimate. ...
  2. Work From Anywhere. ...
  3. No Commute – Environmentally Friendly. ...
  4. Increase Satisfaction & Productivity. ...
  5. Larger Talent Pool. ...
  6. Cost-Effective. ...
  7. Easy Expansion. ...
  8. No Long-Term Commitments.

What is one advantage of a paperless workplace electronic documents _______? ›

Explanation: One advantage of a paperless workplace is that electronic documents take up little physical space.

What are the drawbacks of paperless office or virtual office? ›

Pros and Cons of a Paperless Office:
S.noPros of a Paperless OfficeCons of a Paperless Office
1Reduces carbon footprintToo much dependence on technology
2Has access to documents from everywhereHealth issues
3Very easy to storeDangerous for the environment
4Automatic auditHarm to others
9 more rows

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