Paperless Office
May 25, 2008
The hot new trend in business management is implementing a paperless office.
A paperless office means that;
1. Important papers; think royalty contracts, don’t get misplaced
2. Important papers are always accessible
3. Important records are backed up to secure storage media
Some publishing software solutions; such as MSLG’s Elan Royalty Software, IBS Bookmaster ERP solution and the Bradbury Phillips support the storage of scanned documents. Others; such as Cat’s Pajamas, don’t.
Standard accounting solutions have their own document management solutions or 3rd party add-ons that provide this functionality.
Increasingly, more publishers are storing scanned copies of their royalty contracts in PDF format.
Finance departments are storing copies of vendor invoices and finding that handing a CD of invoices to their outside accountants can save them from having their staff search through file cabinets to find invoices selected by outside auditors.
