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12 Essential Steps to Creating a Paperless Business

The article outlines 12 essential steps for businesses to transition to a paperless model, highlighting five key benefits—saving time and money, environmental sustainability, enhanced document security, improved project management through digitization, and streamlined processes—while emphasizing how digital document storage and online systems increase efficiency and customer service.

As digitization increases, more businesses are going paperless, transitioning everything from bookkeeping and document storage to notarization and invoicing online. The motivations for going paperless include saving time and money, eliminating cumbersome filing cabinets, environmental reasons, increased security, and easier access to documents for eSignature and online notarization.

Whatever your organization's primary motivations, digitizing documents increases efficiency and makes it easier to serve customers.

You may be wondering how your business would benefit from going paperless and how to manage the transition. Below are some reasons for going digital and ways to achieve paperless status.

Why are businesses going paperless? 5 benefits

1. Saves time and money

In a traditional paper-based office, teams spend valuable time printing, collating, and filing documents, as well as searching for them later. Office managers also spend money on paper, printers, storage, and repairs. Switching to an online document storage system allows employees to share, store, and access documents online, saving time and reducing costs.

2. More environmentally conscious

Going paperless reduces reliance on printing, which uses large amounts of paper and contributes to deforestation and greenhouse gas production. Transitioning to the cloud saves paper and decreases your carbon footprint.

3. Increases document security

Paper records can be lost, damaged, or accessed by unauthorized people. Digital document storage systems help keep records secure from natural disasters and unauthorized access.

4. Provides a digitized project management framework

Paper-based offices rely on filing systems that are often difficult to navigate. Migrating to an online project management system preserves documents and organizes them for easy access, sharing, and collaboration.

5. Streamlines processes

Paperless systems centralize documents and processes, allowing employees to conduct business in one place. Instead of printing and distributing hard copies, teams can complete essential work with just a few clicks.

7 steps to create a paperless business

If you're ready to go paperless but unsure where to start, here are seven steps to begin the transition and capture the benefits of a digital workplace:

1. Create management initiatives to go paperless

Set clear, escalating goals to transition your team step by step toward paperless operations. Involve your team from the beginning to get buy-in and brainstorm easy steps for early in the transition. Make a plan to tackle more difficult obstacles as you go, include rewards for reaching goals, and model the behavior by digitizing your own office space first.

2. Invest in a document management system

It's not enough to scan and store files; you need to access, modify, and share them. Invest in a document management system that labels, sorts, and stores documents for easy access.

3. Utilize cloud-based document storage

Opt for cloud-based storage solutions instead of filing cabinets or hard drives. This allows you to store all documents in a central location accessible from anywhere.

4. Take advantage of digital tools

Going paperless applies to all business activities, from client communication to customer service tracking. Invest in help desk technology, email and social media software, and CRM services to stay in constant communication with clients without paper.

5. Explore online notarization

Digitize the process of signing and storing important documents with online notarization software. Sign and notarize documents online, then securely store them for retrieval at any time.

6. Opt out of junk mail

Eliminate unwanted mail as part of your paperless effort. You can contact senders directly to be removed from mailing lists or call the FTC to stop junk mail in bulk.

7. Automate business processes

Automate business processes to eliminate incoming paper. Request that credit card companies, vendors, and utility companies send bills online instead of by mail.

How Notarize can help you go paperless

A major concern for businesses going paperless is finding a secure, efficient way to sign, notarize, and store important documents. The Notarize platform allows you to sign documents from anywhere, anytime, and store and access them securely, removing a key barrier to going paperless.