Going paperless could save you $5K this year

Millions of workers around the world are often overwhelmed by the amount of paper they have to deal with on a daily basis.

Real estate professionals in particular can at times be overloaded with more documents than they know what to do with. 

Moving away from paper in the office not only has the potential to save your office more than $5000 per year, but will likely also free you up and make you far more productive. At least that is the belief of Property Management Consultant, Terry Handy.

Terry is a big believer in the theory that less is more and that by cutting back on using paper in the office there will be some significant benefits for your business.

“I am all about implementing positive change and one of the first things I like to do in an office is help them reduce the amount of paper they use,” Terry said.

“Apart from the obvious cost involved, it is also far better for their mental health to reduce all that clutter and extra work that comes with managing paper documents.”

There are significant benefits for businesses that turn to a paperless office, with the main ones being the significant cost savings and the obvious environmental benefits. But it is also a way for businesses to function far more efficiently. Not using paper saves physical space and reduces time spent on filing. 

When all your documents are organised and online, they are also far easier to search through and, with the right systems in place, this can be a huge time saver, Terry notes.

Terry helps clients streamline their processes by using a number of software tools and simple techniques, which help build more productive habits in the office.

Terry has rolled out the program to clients in both Australia and New Zealand and is launching an online version in a bid to help spread the word.

“I try to make it into a guided challenge over a period of 60 days so they don’t feel overwhelmed, while trying to keep it quite fun.”

One of the recent businesses that Terry worked with managed to save $5000 over the course of the last financial year by going paperless.

“When we looked at how much the business was spending on postage, printing and paper alone, the savings were around $5000, so this was quite significant.”

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Rowan Crosby

Rowan Crosby is a freelance journalist specialising in finance and real estate.