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How Business Expense Software Helps Keep America Beautiful

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It may not seem like much, but the software and services decisions your company makes can make a difference. By choosing ExpenseWatch, your business will be doing its part to keep America beautiful.

Business expense software reduces the massive amounts of paper traditionally used for ledgers, copies of paper receipts and expense reports. Reducing the need for paper offers benefits across the environment.

The first American paper mill opened in Philadelphia in 1690. Ironically, Benjamin Franklin – the spend guru and mascot for ExpenseWatch was the first paper merchant in America, and helped run 18 paper mills in and around Virginia back in his day. Today Franklin’s memory lives on digitally, as ExpenseWatch helps spread his wisdom on the topics of finance and spending with confidence.

On average, every American consumes 749 pounds of paper per year – more than any other country in the world. Worse, global consumption of paper has grown 400 percent during the last 40 years, leading many environmentalists to believe our world’s forests are being cut down faster than they can grow.

Worse, EPA studies find pulp and paper mills that are among the worst offenders in polluting our country’s air, land and water.

Paper Related Facts

  • The oldest living thing on Earth is thought to be a 4,700-year-old bristlecone pine tree located in Nevada.
  • There are about 747 million acres of forest land in America.
  • About 4 billion trees worldwide are cut down for paper annually, which is 35 percent of all harvested trees.
  • Most of the trees in the U.S. that are used to make paper come from forests located in the South and West.
  • More than 10 million paper bags are used in supermarkets throughout the U.S. annually.
  • There are more than 2.3 billion tree seedlings planted in the U.S. every year.
  • The world consumes nearly 300 million tons of paper every year.

Using business expense software is a positive step for the environment. Analysts estimate that more than half of U.S. companies are using automated expense reports, which is a substantial improvement in paper reduction.

There are many other benefits of using business expense software. No matter which of the ExpenseWatch products your organization chooses – Expense Reports, Purchasing, Payable Invoices, or the entire Spend Management Suite – they all share one thing in common: Automated business expense software is beneficial to the environment.

The benefits of using expense software go beyond environmental friendliness, helping everyone in your organization by reducing costs over manual processing, saving time and providing employees with clear directions on spending policies.

For expense reporting, mobile apps enable automated expense software users to file expenses remotely, while they are on the road. Some apps, like ours, let customers quickly snap pictures of their receipts and upload them to the ExpenseWatch receipt queue to use later with the online system or mobile app to build expense reports. No additional paper required.

Here are several of the strategic benefits companies achieve by using an automated spend management system like ExpenseWatch:

  • Learning to develop and enforce corporate spending policies
  • Automating key components of T&E management through business travel expense software
  • Using purchasing software as a refined and proven process to spend money more wisely
  • Offering employees better mobile technologies to help make expense reports faster to create and easier to submit
  • Choosing to use an online system for vendor invoices, turning piles of vendor invoices into a paperless payable invoice management system
  • Improving intelligence and data by leveraging analytics

Why not learn how ExpenseWatch can help your company spend with confidence? If you would like to see a live demo, please fill out the form on the right, one of our experts we will get back to you soon.

Source: The Ecology Global Network; Paper Chase by Ben Chase; 2011

(Posted 7-7-15)

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