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What can ReadSoft do |
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Document Automation – The Economical and Environmental Impact
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ReadSoft software not only help companies improve their
document processes. It also saves trees and helps reduce CO2 emissions. The main
saving comes from reduced usage of paper. We estimate that our
invoice processing solution alone spares the world of 1.4
billion paper copies every year. This equals more than 3000
trees or 2000 tons
of CO2 emissions. |
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When invoices are handled manually, they are usually copied a number of times before they are passed around for approval as internal mail. The Gartner Group (www.gartner.com) estimates that the average invoice is copied 11 times. We have used a more modest number and done our calculations on two copies per invoice. Doing the mathThe average invoice is 2.5 pages, plus appendices (which we have chosen not to include in our calculations to avoid exaggerating the numbers). This means that ReadSoft software will reduce the amount of paper involved in invoice processing by 5 paper copies per invoice. Since ReadSoft customers process 270 million invoices per year, they help spare the world of 1,400,000,000 (1.4 billion) paper copies every year. |
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Reducing CO2 and saving trees
Assuming that regular printer paper is used, the 1.4 billion pages weighs 6000-7000 tons. According to the European organization for the paper industry, CEPI, each ton of paper product use 0.34 tons of CO2 (Ref CEPI: Sustainability report 2007).
Consequently, ReadSoft customers help reduce CO2 emissions by more than 2000 tons per year.
According to www.timbercorp.com.au, a tree produces 22,500 pages of paper. This means that ReadSoft software saves around 3000 trees per year.
Moderate numbers
As mentioned, we have chosen a moderate number of average copies per invoice. We have also not included appendices.
CO2 emissions from the electrical energy required to print the paper copies or the energy needed to transport the paper documents is not included in these calculations either. The decreased need to transport invoices physically is probably a substantial CO2-saver in itself.
ReadSoft plants 100 tree on behalf of its customers
ReadSoft has partnered with Rainforest Rescue to participate in a rainforest replanting project in the Daintree. ReadSoft plants 100 rainforest trees on behalf of customers that implement the ReadSoft AP automation solution and who exceed processing volumes of 100,000 invoices per year.
Read more about the Eco-Warrior program >>
Help us rid the world of unnecessary
paper-pushing.
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