2020 has presented many challenges for companies, including how to stay efficient, competitive and profitable in a rapidly changing business context. Many companies have struggled to continue their business activity remotely, experiencing billing delays or the inability to get contracts signed in person. The proliferation of digital transformation has become a crucial strategy to navigating this new terrain, and digitalisation of administrative processes is one way companies have been able to overcome some of the obstacles faced over the past year.
More specifically, relying on electronic signature and billing solutions has enabled companies to handle essential paperwork remotely, streamline procedures, and save time and money. By digitally transforming key administrative processes for its clients, SaaS technology provider Docuten has made it possible for many businesses to continue working during uncertain times.
Docuten provides end-to-end administrative digitalisation for mid- to large-sized companies, offering digital signature, e-invoicing and the automation of payments through one provider. In 2020, Docuten securely handled 8,755,788 documents, including incoming and outgoing e-invoices, and documents sent for signature. This support made all the difference for companies trying to maintain their business activity during a very difficult period.
Additionally, companies save up to 80% when using digital signature, and up to 60% when sending and receiving e-invoices with Docuten. In fact, as a result of digitally transforming administrative processes, in the last year, Docuten clients saved approximately 1.5 million hours that were previously spent on unnecessary work, as well as more than 19.5 million euros.
Businesses that have integrated digitalisation solutions into their operations are also engaging in more sustainable practices. If we estimate that each document represents a single sheet of paper, Docuten saved 8,755,788 sheets of paper from being manufactured. This alone prevents wasting 79,678 kilos of wood and 87,577,880 litres of water, and avoids emitting 5,778 kg of CO2.
It’s clear that digitalisation is here to stay, with 2020 solidifying the importance of implementing digital tools aimed at improving business efficiency and allowing remote management of administrative processes. What’s also clear are the enormous benefits in terms of time and money spent, as well as to the environment.