The Benefits of Using Electronic Documents

The benefits of using electronic documents

Using electronic documents such as electronic contracts, notes, calendars etc. is an effective way for businesses to enhance their daily operations.  Electronic documents can increase a business’ efficiency. This is because it increases accessibility to documents, making them easier to find and easier to share.

Finding Documents Easily

Traditionally, businesses and especially law firms have all their notes and documents on paper only. This can take up unnecessary space in the office and can be hard to organise when there is a lot of paperwork. Additionally, It may become difficult to find specific documents within the masses of paper in the office. With electronic documents, organising them can be as simple as a click of a button. Finding and navigating electronic documents will become a less time-consuming task as you can easily search for document names. You can also search for specific sections or phrases within documents.

Decreased Costs

Becoming a paperless office also can decrease business costs. The cost of a printer, paper, ink, printer maintenance, binders, stationery will be eliminated. Furthermore, the use of electronic documents means that there will no longer be a need to spend money on postage. These costs can add up over time if your business is regularly sending documents such as contracts to be signed.

On the note of contracts, Australia now accepts e-signatures as legally enforceable on electronic documents under the Electronic Transactions Act 1999 (Cth). E-signatures is the electronic equivalent to physically signing a document with pen and paper. It can be very convenient to send over an electronic document via email which then can be electronically signed. You can find out more about how e-signatures can help your business, here.

Ease of Transfer of Documents

Electronic documents provide a convenient way for businesses to share files and transfer information between staff and customers. These documents can be stored in a cloud, shared via email etc. Electronic documents can provide a more secure communication method. They can be directly emailed to a staff member or client. This is a better alternative than to transport physical documents through the post which can be misplaced or stolen.

Electronic Planners

Some offices continue to use physical calendars and planners to book appointments and write down events. However, this operation can also become completely digital. There are a number of user-friendly digital calendar platforms such as Microsoft Outlook which can accommodate your business’ planning needs. On such platforms, staff can easily move around appointments. It can also send email invitations to people you intend to invite to the appointment. Furthermore, all staff can view the calendar. Thus, you can easily know when everyone is available and what they are doing each day.

Summary

Overall, transitioning paper documents to digital documents can provide many benefits including easier access and decreased costs. To understand more about transitioning to electronic documents and its potential legal implications on your business operations, it is best to consult a business lawyer. They can provide you with tailored advice for your specific situation.

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