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Global Research validates significant cost savings:

 

 

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Its estimated the average savings of time and income for the company that he/she workers for by going paperfree.

Based on the assumptions that can be found in the accompanying document, and also that the average worker will handle 1,200 consignments per year, the savings for the company can be found below.

 

Assumptions:

• Yearly Salary = €30,000
• Consignments per person per annum = 1,200

Savings:

• Paper/Ink savings = €720
• Communication savings (Phone, Fax, Internet) = €3,391.05
• Time savings = 600 hours are freed up for more beneficial/profitable activities
• Salary savings = €11,428.57
• Savings on documentation:
• • Customs clearance = €60 for 4 documents
  • Ports and terminals = €25 for 1 document
  • Export documentation = €25 for 1 document
  • Savings per yearly consignments = €30,085

Total Savings:

• By using a paperfree, web based service such as Tradefacilitate, total savings = €45,624.62 plus time saved of 600 hours