Accountants waste too much paper
Report finds that accountants write off £11m a year through inefficient printing
Report finds that accountants write off £11m a year through inefficient printing
Accounting firms could do with a greener approach following shocking reports
of their high paper-wastage.
According to research – by economic research consultancy the Centre for
Economics and Business Research (cebr) and European printing company, OKI
Printing Solutions – about £11m is wasted every year by the profession.
The report, Outsourced Printing – a Waste of Paper, suggests that
huge savings could be made by implementing changes in daily printing tasks of
tax and accounting firms.
This would entail primarily printing a higher percentage of materials
in-house, thus reducing the sector’s huge printing bill – swollen through the
outsourced printing of audits, reports, business cards, marketing brochures and
other branded documents.
Chris Gill, Managing Director of OKI Printing Solutions is advising firms to
make savings.
‘An obvious way for this sector to reduce printing costs is to stop all
unnecessary outsourced printing – of which 20% is never even used and then
thrown out. We want people to realise that they can quickly and efficiently
design and print materials in house whilst keeping an accurate control of
costs,’ said Gill.
In the past decade, the professional services industry has transformed significantly. Digital disruptions, increased competition, and changing market ...
View resourceIn recent months, professional services firms are facing more pressure than ever to deliver value to clients. Often, clients look at the firms own inf...
View resourceIn a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...
View resourceThe first phase of Making Tax Digital (MTD) saw the requirement for the digital submission of the VAT Return using compliant software. That’s now behi...
View resourceLast month it was reported that Deloitte would be cutting approximately 1,200 jobs in the United States, making it the latest of the Big Four accounti...
View articleAfter years of deliberations and millions of dollars spent, EY has officially pulled the plug on its greatly anticipated break-up plan Read More...
View articleUK accountancy practices can unlock growth potential and remain competitive by transitioning to advisory/consultancy services, possessing the right sk...
View articleThe UK government has introduced an Interest-Free Loan Scheme to curb rising living costs. We speak to some industry experts to find out everything yo...
View articleAs of January 2021, personal and guarantor lenders in the UK can now use open banking as a better way to underwrite and analyse their customers who ap...
View articlePhil Thornton is lead technology product manager for digital at Wolters Kluwer Tax & Accounting UK Read More...
View articleSigns that the UK’s audit industry would reform had slowed in the New Year, but with Brexit almost over the line and an impending cabinet reshuffle, w...
View articleSurvey aims to build detailed picture of service outsourcing in today's accountancy landscape. Read More...
View article