Diane Kaern served as the worldwide sales compensation analytics and reporting manager at Hewlett-Packard. Working in financial management has given Diane Kaern insight into cost reduction practices. Using paper more conscientiously is one way to reduce costs in today's office space.
Paper is costly and environmentally unfriendly. Statistics show that the United States uses 30 percent of the paper that is produced globally. The expenses of using paper in the workplace can run as much as 30 times of the original purchase cost. So, for each piece of paper that is used, a business must pay for its cost as well as for such activities as printing, copying, and postage, and recycling and disposal. Therefore, a ream of paper valued at $5.00 generally costs a business up to $150 to use.
Businesses can learn to save money on paper usage by copying both sides of a paper and increasing the use of e-mail and online documents. Companies can also cut costs by choosing to use paper that is lighter in weight. Besides the economic benefits, reducing paper usage also positively impacts the environment. By lessening paper consumption, consumers can reduce the amount of greenhouse gas that is emitted each year.