For many U.S. businesses, the leasing of commercial-grade printers is the norm, with many remote workers supplementing these larger printers with personal home printers. Since printing a page is as easy as pressing “Ctrl + P,” it’s no surprise that the average office worker producers upwards of two pounds of paper products per day and, on average, 10,000 sheets of paper per year. Statistics indicate that much of this print waste is just that; waste. One third of print jobs are never picked up and almost one half of jobs end up being discarded by the end of the business day. These are staggering figures that do not translate well to the average businesses’ environmental impact.
Let’s look at some of the numbers. One paper-producing tree takes about 100 years to grow to a usable size. Once cut, it produces about 17 reams of paper. With 500 sheets in a ream, a tree equals 8,500 sheets. So, an employee using 10,000 sheets of paper per year is responsible for using over an entire tree.
With all this paper waste in the market, there has never been a better time for businesses to examine the ways in which they can reduce needless waste and embrace the future by doing digitally what they once did manually. Companies like Kontrol offer easier, smarter and faster ways to address this paper problem with solutions like integrated and virtual payments, which are free, and made directly from a buyer’s existing accounting system. Virtual payments improve accounts payable processes by digitally streamlining payments and making it much easier for finance teams to process them on the backend. Integrating virtual payments into your account payable department with Kontrol is an easy “going paperless” win.