With business and virtually all other economic sectors now largely operating with the technological tools of the digital age, companies everywhere have gone, or are currently going paperless. The operational detriments of continuing to collect space-consuming crates of archived paper accounting records and to transmit paper documentation as a way of doing business is now too cumbersome to be economically practical for a modern business looking to work lean and increase efficiencies.
You don’t need an MBA to know there are two basic ways to increase your profits: increase revenues or reduce costs..
A company's current and past financial health are key indicators of its long-term growth potential. So, it follows.