WHY YOU SHOULD GO PAPERLESS AND SWITCH TO AUTOMATED SOLUTIONS 92% Companies print on a daily basis 45% print 10 or more pages 15% creating 50 or more pages of documentation a day 3% Paper documents are misfiled 5% Paper documents get lost completely COST OF PRINTING PAPER 79% of professionals use office resources for personal use CHALLENGES OF MAINTAINING A PHYSICAL FILE CABINET 15 minutes on average to retrieve and file each document Up to an average of 19 photocopies of the same document BENEFITS OF GOING PAPERLESS WITH EXPENSE REPORTING TIME SPENT BY EMPLOYEES GOING BACK AND FORTH TO THE PRINTER Average time spent on print retrieval per person, per month Average cost of print retrieval per person, per month `167 (2) Cost of print retrieval, 500 workers per month `83k Cost to business for wasted end user time over a 5 year period `50L 44min (1) 1. http://cleverprinters.co.uk/Data/Sites/1/downloadfiles/brochures/oki_smart_mds_brochure.pdf 2. Based on average knowledge worker salary: Rs.40,000 per month 3. https://blog.usetallie.com/tallies-tax-day-resolutions-2014/ 4. reduce.org 5. Smarter print management - Controlling costs and environmental impacts, OKI, March 2009 6. http://www.image-1.com/news/banish-the-hidden-costs-of-paper-based-business/ 7. http://cleverprinters.co.uk/Data/Sites/1/downloadfiles/brochures/oki_smart_mds_brochure.pdf 8. https://www.linkedin.com/pulse/20140622063312-137218978-part-1-what-are-the-hidden-costs-of-maintaining- filing-Cabinets?trk=prof-post SOURCES: Switch to a paperless expense reporting solution Visit happay.in or email at [email protected] facebook.com/happay.in twitter.com/LiveHappay Time Saved = 85.5 mins per expense report Cost Saved = `324 per expense report The cost of using paper in your office runs from 13-31 times the cost of actually purchasing the paper! 19.5% loss of organization’s total productivity from challenges relating to work with documents 10,000 pages per year are printed by the average office workers Did you know? Creating Expense Report(Employee) Verifying expense report and (Finance) Total Time taken Approving Expense Report(Manager) Average cost /expense report Manual Expense Reporting 45 mins 2 mins Paperless Paperbased 11 mins 1 mins 35 mins 2.5 mins 91 mins (3) 5.5 mins `344 `20 VS