Paperless Transactions: Everything You Need To Know

Going paperless has tremendous benefits to your financial health, environmental footprint, and customer experience.  

Supplies, like paper, ink, and printers, are expensive. After they’re signed, contracts must be stored temporarily at the store, then shipped to an offsite storage facility for administration. This necessitates a lot of unnecessary additional labour and expense. By going paperless, you can reduce your contract- related expenses by 85%, or $1.90 USD per contract.

On top of that, paper contracts are less secure and enforceable than digital ones. When contracts are signed, signature points can be missed. Walk Out Working processes can be forgotten, which increases post-sale support needs. Customers can misplace their paperwork, or worse, the telco does, which makes it difficult to resolve disputes.  

The negative impacts of paper contracts extend to our earth too, as precious resources are used unnecessarily to produce paper documents that just end up sitting in warehouses. By going paperless, telcos can increase their sustainability and market this green initiative to subscribers.

Customers also love the high-tech experience that digital contracts provide. After signing, they now will receive a copy of their important documents by email. Remote signing is also possible too, which enables device purchases from digital channels.  

Digital contract solutions pay for themselves. Maplewave’s Paperless Transactions solution can be implemented in just a few months and provides an immediate ROI. The project practically pays for itself within a short time.

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