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Reducing Paper Consumption with an Online Document Collaboration Platform

Companies of all sizes now have the means to eliminate paper-based processes, reduce operational costs and support sustainability goals, according to The Global Drive for Sustainability and the Value of Online Document Collaboration.

With ambitious targets for improvement in mind, many global organizations and governments are measuring every aspect of their operational life cycle to understand and reduce their carbon footprint. Siemens, for example, has announced plans to cut carbon emissions by 50% by 2020 and become carbon neutral by 2030. Meanwhile, countries in the EU have established a goal to reduce its greenhouse gas emissions by 40% below 1990 levels by 2030 and become carbon neutral by 2050. Technological advances have had a positive impact in reducing the reliance on paper. Nowhere is this change more dramatic than in the way document-intensive business transactions are now being handled—with the reliance now on digital documents in an online virtual data room (VDR). This white paper discusses how online document sharing platforms are paving the way for organizations to more easily achieve their sustainability agenda, streamline their reliance on paper and also reduce production costs.

What’s covered:

  • The true cost of paper consumption measured in the amount of trees harvested, tons of paper produced and usage by the average office worker
  • Benefits of an online document environment, one that supports collaboration and isn’t simply intended to store data
  • Case study measuring the savings gained with an electronic document collaboration solution for corporations such as Bank of America and Citigroup

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