The digital age is here to stay, and it’s bringing major changes in how businesses operate. The most obvious of these changes—and perhaps the biggest threat to small businesses in particular—is the decline of paper documents. As more of our lives are conducted online, the need for paper-based documents is decreasing. In fact, it has been estimated that by 2023 we’ll have reduced our paper consumption by 75%.
In recent years, the digital transformation has forced businesses to adapt to a world where everything is digital, including contracts and invoices. There are many reasons for this trend, but the two most common ones are environmental concerns and the ever-increasing paper and printing costs. But there are even more benefits to going paperless, especially if you pair paperless operations with workflow automation. …
