Paper less collections drive out many cost and improve productivity in every area of your company operations.  The key issue is to drive  out the time to get things done. One example is Invoicing and collections.  Traditional methods of 

  1. print, fold stuff
  2. Statements
  3. Collections calling
  4. Getting mail, opening and getting correct posting information
  5. Posting checks
  6. Depositing 
  7. Repeat steps 2 through 7 until monies are collected
vs

  1. Email invoice or just have the customer print the invoice from your web site (secure)
  2. Pay with credit card on file
  3. Email reminders to call office for updated credit card information or to pay online at your web site

This results in having 70 to 90 percent of your invoices closed by the 15 of each month.  Of course you have companies that still manage by check writing and do not use credit cards. These will disappear as they realize that it is costing them a lot of money, time and effort and switch to credit cards. Old habits die slowly