Sustainability is a critical consideration for companies and is important for achieving longevity and staying ahead of competition. Paper usage is one of the most significant sustainability issues for the legal industry, the creation of which contributes to waste levels and has a significant impact on the world’s natural resources. If you are looking to make a change and embrace sustainability, Bundledocs can be your first step on this journey.
Operational and Cost Efficiency
Bundledocs allows users to instantly send and receive electronic documents, meaning you are saving time, money and are working more efficiently and with less paper. As physical bundles require printing, e-bundles will also help to reduce total costs for businesses. With Bundledocs, your documents are readily accessible online, meaning that the number of physical copies will be reduced and allowing your firm to become more paper-light. Bundles are often created over time, and with many collaborators being involved, this can lead to multiple versions being created. Collaborating on one digital document will reduce these variables and make a noticeable difference on operations and cost.
Through the automation of time-intensive tasks, our solution will help streamline your business operations by boosting productivity levels among employees who will spend less time manually editing bundles. As paper documents must be transported to their destination, cloud storage solutions like Bundledocs can also help in reducing carbon emissions and cost of postage.
Improved Client Perception and Retaining Reputation
According to Deloitte, consumers want businesses to take the lead and support them in developing more environmentally sustainable habits. 34% of consumers would trust brands more if they were recognised as an “ethical/sustainable provider by an independent third-party.” If businesses are not actively engaging in sustainable efforts, clients may begin to look for services elsewhere. Across the globe, people are looking to engage in more green practices and for companies to become more environmentally conscious.
In recent years, ‘greenwashing’ has become a serious issue for businesses who convey misleading or false information on their sustainability efforts. Companies who are greenwashing their operations are now facing a growing threat of litigation, and will have to report annually on their social, economic and environmental impacts. Accusations of greenwashing can cause significant reputational damage, leading to a loss of client confidence, a poor public image which will impact business development, ultimately benefitting your competitors.
Staying Ahead of Regulatory and Legislative Measures
As new sustainability reporting regulations are introduced, one way for firms to understand and prioritise their sustainability issues is to undertake materiality assessments. The main objective of materiality assessments is to identify the most significant social and environmental impacts for companies, their investors and stakeholders. Through this assessment, companies can identify environmental changes that are critical for business growth and longevity. For many firms, the move to paperless operations will be a vital step in improving their operations ahead of CSRD reporting.
Bundledocs ensures that your documents are court-compliant as our solution is continually updated with the latest court regulations and requirements. Our solution allows users to automatically generate customised indexes and bookmarks, which can reduce physical bundle duplication and possible errors. During the bundle creation phase, legal firms can reduce paper usage when physical bundles are not needed. While many bundles may be too large to be sent via email, Bundledocs allows users to share password protected documents online with no file-size limit.
Begin Your Sustainability Journey with Bundledocs
By embracing sustainability efforts and reducing paper usage, legal firms will benefit the environment and their own business by streamlining operations - and will improve their reputation. When you choose Bundledocs as your trusted partner, your business is choosing a cost-effective and secure solution that will aid your progress in making a sustainable change.
Contact a member of our support team or visit www.bundledocs.com to make an impact today.
A version of this article first appeared on LPM.