GOING PAPERLESS IN THE ENERGY INDUSTRY
The advent of the paperless office has been a prediction of many for the past 40 or so years, according to a Breaking Energy article written by Bill Stomp, vice president of Digital Dispatch. The source referenced a Businessweek article from 1975 titled "The Office of the Future" that discussed the inevitable changes the workplace will face with the future office involving TV-display terminals and keyboards that can bring up documents at the click of a button. "I can get my mail or any messages. I don't know how much hard copy [printed paper] I'll want in this world," George E. Pake, the head of Xerox, said to Businessweek. It's interesting to look at what he expected versus what is reality in 2014. Pake estimated that his predictions would come to fruition by 1995. Now, businesses are slowly making the move to paperless document management. Technology's golden age Breaking Energy said that Pake and Businessweek couldn't have predicted the rise of mobile technology and Internet. Although they expected offices to be completely paperless by the 1990's, the complications of the the Internet and its impact may have slowed down the progress of the paperless office.
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That doesn't mean that the popularity of paperless technology hasn't been increasing over the past few years. A survey by GroundReport discovered that einvoicing has increased from 29 percent in 2011 to 48 percent in 2014. In the report, 68 percent of companies said that manually dealing with invoices was the main issue that led to late payments and missing discounts for customers. Paperless for energy The energy industry has been seeing major improvements with its use of paperless document management, according to Breaking Energy. The industry has made greater use of document management software than any other sector. Advances in electronic documentation has allowed the energy industry to boost its delivery process and advance accuracy, which leads to in customers satisfaction, according to Breaking Energy. In the Breaking Energy article regarding paperless trends, Stomp said he observed the changes and improvements in the energy industry firsthand. He also mentioned that there are users who are afraid of electronic document - but reassured that the paperless office is all about improving business interactions. _________________________________ Ready to kick your paper habit? Register for an upcoming webcast! Learn More about PaperSave: Case Studies | Demo | News and Events | WhitePapers | Webinars | Videos | Contact Us Tags: electronic workflow, Industry News, paperless office, document management software
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