How can I track my savings from going paperless?

Tracking the savings from going paperless can be an enlightening process, highlighting both financial benefits and environmental impacts. First, you may consider calculating the costs associated with your previous paper use. This includes purchasing paper, ink, and printer maintenance, as well as any shipping and storage costs related to physical documents. Adding these expenses up over a specific period will give you a baseline for comparison. Next, document the expenses related to transitioning to a paperless system. This may involve the costs of software, cloud storage subscriptions, and any hardware needed, such as scanners. By comparing the total expense of going paperless with the previous paper-related costs, one can determine the net savings. In addition to financial metrics, consider the time saved by reducing the need to file, search for, and manage paper documents. This time savings can translate into cost savings, especially in a business context. Finally, many digital solutions provide analytics or dashboards that can help simplify this tracking process, so you may wish to explore these features when utilizing paperless services.