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Wednesday 26 February 2020
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Digital Solutions to Store Large Amounts of Scanned Paper Receipts

It has almost been a decade when businesses and consumers have shifted from paper receipts to digital invoices.

But have you ever wondered why paper receipts suddenly lost their worth even after serving for thousands of years? Well, there are quite a few logical reasoning that justifies why people nowadays are getting more comfortable with digital receipts as compared to the paper ones.

  • Reducing Carbon Footprints Considerably:

Carbon footprints has become a serious concern that is continuously threatening the existence of our planet today. Paper scanning services are digitizing physical receipts into digital invoices that drastically reduces the usage of printed paper and saves the amount of trees being cut down every day.

  • Marketing and Promotional Up fronts:

The primary transaction of digital receipts happens through consumer’s email address. Even customers have readily adapted to the convenience offered by receiving invoices over emails. Taking the advantage of consumer emails, retailers are now using the same channel to promote, market and advertise their business materials.

Though these marketing strategies should be carefully used, as too much of promotional material can lead to consumer resentment and spoil the main purpose.

  • Smart Accessibility with Cloud-Storage:

A notable advantage of digital scanning services lies in storing and retrieving massive amounts of data from the cloud-storage. With smartphone ruling the world today, accessing receipts from the cloud is right at your fingertips.

  • Friction-less Transactions:

The reason consumers and retailers are relying on digital archives to store their transaction receipt is that it’s extremely simple and can be stored forever without the hassle of bundling up in a cabinet. Adding more value to your time, digital scanning services minimizes the effort of search and retrieval of data during the critical time.

  • Privacy and Security:

Security matters. For both individuals and businesses, bills are valuable. With the increase in online transactions and e-retail shops, purchase history, bank transactions, bank statement etc. holds more importance for the merchant and consumer than one can think of. Thus, it is crucial to store our receipts in a place that is safe from any security breach. Digital archives provides exceptional security measures to store your invoices securely for years and generations to come.

Another primary reason consumers have chosen online retailers as it gives a hefty amount of privacy. Paper receipts lacks privacy to a great extent. Paper scanning services transfers your paper receipts to private digital files that are hidden from everyone else.

  • Better Fraud Detection:

Whether an individual or a business, both receives numerous receipts every day. Discarding the manual process of receipt writing, document digitization services can reduce the amount of fraud transactions by eliminating the involvement of any other person apart from the consumer, the merchant and the bank.

Digital files need very less storage space to be stocked in the digital archive. Thus, saving your paper receipts in the form of digital files is a grave step to streamline your business and ease out the functionalities in your life.

Savour the convenience of effective digital scanning process. Email at info@documentscanning.co.in



Vijay is a compulsive blogger who likes to educate like-minded people on various new technologies and trends. He works with Aegis SoftTech as a software developer and has been developing software for years. Stay Connected to him on Facebook and Google+.