Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.
+1 212 318 2000
Europe, Middle East, & Africa
+44 20 7330 7500
+65 6212 1000
Small businesses should consider taking a "paperless" page from President Barack Obama’s efforts to shift to electronic medical records. He states that a change to electronic medical records could help save families up to $2,500 a year in his first term. If businesses implemented such a change, they too could save money. Other benefits include:
Eliminate constant trips to the filing cabinet for documents that can be accessed with a click.
Protect documents from natural disasters such as fire, flood, earthquake, etc.
Reclaim office space by reducing or eliminating the need for file cabinets.
Improve customer service by being able to respond to requests from customers faster and more efficiently.
Organizations of all types are realizing that manual and paper-based processes for managing documents are inefficient and expensive. Embracing the "paperless office" concept is possible with today’s electronic document management systems.
Want to improve the way you run your business? Entrepreneurs, academics, and consultants from diverse industries offer practical advice on a variety of topics each business day.
To submit a tip for consideration, first check our archive of previous tips to make sure you're not repeating a tip someone has already contributed. Then send the tip to Small Business channel contributor Michelle Dammon Loyalka. Because of the volume of material she receives, she may not respond to each individual.