Many organizations are making choices guided by a desire to reduce their carbon footprint. Some are responding to customer demands. Others see reduced Green House Gas (GHG) emissions as a competitive issue. Some green initiatives arise from corporate social responsibility (CSR) mandates. Some arise simply from the corporate culture or the individual efforts of employees. And some corporations seek to get a head start on anticipated regulatory requirements, such as a carbon trading market, which may make GHGs a bottom line matter.
Whatever your reason, converting business processes from paper-based to electronic can be a major part of your green strategy. And working with DOXIM products and services can be the central part of your paper strategy.
For example, electronic statements and bills are a fantastic way to make a big dent in your carbon footprint. E-statements save carbon emissions before, during, and after the statement process.
Before: E-statements reduce paper use, which means they save trees. Trees are considered to be a major carbon sink, so contributing to deforestation counts to increase your carbon footprint. Tree harvesting and papermaking processes also contribute to the carbon impact of paper, as energy is consumed in manufacturing and transport.
During: Printing and mailing paper statements and bills consumes energy and contributes to carbon emissions. These emissions arise from the energy and labour consumed printing, folding, and stuffing envelopes full of paper, and then in the fuel costs of delivering thousands of envelopes.
After: Bills and statements can continue to have an impact long after they are first printed. They often need to be archived, and if they are archived in hardcopy form, they will consume more paper and, on an ongoing basis, storage space and maintenance costs. When customers lose their copy, they may request a reprint, which must be mailed. Internal staff may also create copies for their own use, particularly if they need to send information between office locations.
If paper output can be suppressed right from the very beginning, the entire carbon impact of the document can be avoided. Of course, this will also result in substantial
cost savings, and the ability to instantly access and share documents can
improve productivity.
Where can DOXIM fit into your Green campaign?E-Statements: Reduce paper use, distribution costs and reprints by making bills and statements available to your customers over the web.
Paperless Lending and
KYC: Removing or reducing the paper in the lending process and account origination process can take a bite out of your carbon footprint. DOXIM integration with your existing paper-based system or your Loans Origination System can reduce unnecessary printing, couriering and storage of paper records.
