Saving bucks with digital treasuries

Electronic document management providers seek to de-paper Asia’s corporate treasuries.
Phyllis Chen
Phyllis Chen

The typical office worker generates nearly one kilogram of paper every day. Multiply that by the millions who work in Central in Hong Kong or on Raffles Quay in Singapore on a daily basis and you've got a heck of a lot of paper.

Finance departments are especially subject to high volumes of paper traffic. Think of the financial department in your company, they're inundated with documents, said Phyllis Chen, Asia director at enterprise content management provider Laserfiche. If you look at the financial reporting system, the accounting system is typically electronic but all the invoices and the purchase orders that come along with those reporting systems are paper. Even if you're sending out...

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