Global Research validates significant cost savings:
According to Nathan Associates Inc. $8 per tonne can be saved in administration and direct costs alone through Paperfree trade.
Paperfreetrade.eu has calculated 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
- 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 = €45,624.62