How Can Businesses Go Green on a Budget?

Posted by Mike Lynett on Jan 20, 2016 9:30:00 AM

Going green can help protect the environment, boost your brand and save you money. However, just starting to think about how your business can go green can be daunting. With huge companies like Google spending billions on green initiatives, it can seem as though going green is well out of your reach. Fortunately, going green doesn't require an unlimited budget. Let's take a look at how your business can go green on a budget:

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Topics: going green

How to Go Green in the Workplace

Posted by Kevin D'Arcy on Nov 28, 2014 9:30:00 AM

Employers and employees alike are seeing the value of going green in the workplace. Green initiatives are proving to be not only beneficial to the environment, but also to the bottom line. It’s the type of win-win situation that is rare in the business world, and as such companies are increasingly searching for ways to become more eco-friendly. Here are a number of green initiatives and methods your company can implement to encourage everyone in your employ to go green in the workplace.

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Topics: going green

Top 6 Reasons for Going Green with Document Management

Posted by Kevin D'Arcy on Mar 17, 2011 8:41:05 AM

1. Save money on paper and shipping – and reduce your environmental footprint at the same time. A study of four customers by Oracle Corporation (a sponsor of the AIIM Green ECM site) quantified the direct cost and environmental savings from driving paper out of core processes through deployment of document management technologies.

Organization

Paper cost savings

Shipping cost savings

Trees saved

Barrels of oil saved

Pounds of carbon emissions avoided

Embry Riddle University

$47,324

$100,000

309

882

176,264

Swedish Medical

$36,000

$200,000

235

1,764

352,527

Emerson Process

$574,354

$158,074

3,754

1,395

278,627

Standard Forwarding

$15,668

$60,932

102

538

107,401

2. Increase the effectiveness of core processes. Think about the benefits of document management technologies in a single core process – finance. Driving paper from financial processes allows an accounts payable group to pay invoices faster, taking advantage of discounts for early payment. It allows an accounts receivable group to improve cash flows and reduce the days that sales are outstanding. The cost of processing an invoice can typically be cut by a factor of 10, creating savings that drop directly to the bottom line. These kinds of savings can usually be replicated in other paper‐intensive processes, yielding BOTH bottom line AND green benefits.

3. Truly integrate your field operations. The application of distributed capture technologies – using a scanner in a field office to process locally created paper and electronically store it in a central location – is a true no‐brainer for most organizations. Distributed capture solutions often pay for themselves just through savings in courier and shipping costs. But taking courier and overnight services off the road also translates into significant direct environmental benefits.

4. Reduce real estate costs. Less paper means fewer filing cabinets means less real estate ‐‐ which reduces cost, but also significantly reduces your environmental footprint.

5. Improve employee productivity. By digitizing as much information as possible, you set the stage for allowing employees much greater flexibility in their working arrangements and for much more effective collaboration independent of geography. Which also translates into less real estate and less travel and a reduced carbon footprint – and happier employees.

6. Reduce off‐site storage costs. Off‐site storage of paper is expensive, often requiring rental and maintenance fees as well as significant transportation costs to the facility. All of which represent a significant burden on the environment compared to a document management solution.

This article was original written and shared with permission by AIIM.org. For more information on Green ECM, visit http://www.aiim.org/green‐ecm

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Topics: document management, AIIM, document management software, document scanning, going green, ECM, sustainability

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