Cutting paper usage – save costs, improve efficiency and be sustainable
GS1 industry research shows that significant cost savings can be made by eliminating the use of paper documents and replacing them with EDI messages. Businesses that rely on paper-based processes have to cover the cost of printing forms, postage, administrative overhead such as filing and retrieval, data entry and the manual validation of information. There is also the added headache of dealing with purchase order or payment disputes and invoice reconciliation due to errors such as illegible handwriting and manual data entry.
EDI can save businesses at least £14 per order, £8.50 per invoice and £12 per order using a despatch advice. GS1 UK’s Annual survey report demonstrates that there are still so many companies that are not taking advantage of these savings. The 2009 report found that 81% of companies still used some form of manual, paper-based process for their orders, despatch advices and invoices.
EDI can save businesses at least £14 per order, £8.50 per invoice and £12 per order using a despatch advice
Sustainability is still at the top of the agenda for many businesses today. The Consumer Goods Forum’s Top of Mind survey found that despite the urgently pressing economic situation, consumer goods companies retained corporate responsibility as one of its three priorities for the third consecutive year. Cutting the use of paper through EDI can help companies with their sustainability initiatives and at the same time cut costs and improve efficiency.
To learn more about EDI and become a certified EDI Professional please visit our course schedule page.