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D.

Effects of Implementing Paperless Billing

Paperless billing is a process that businesses can use to get paid quickly

and securely without dealing with the hassles of paper bills and check payments
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This also helps save the environment, as it lessens the use of paper used in

printed cash, encourages the use of check payments, and saves the trees that

are being cut down just to provide the papers needed for these things. Hence,

the paper used for billing has a very short usable lifespan, and the paper along

with the ink becomes waste 2


Paperless port clearance is a sort of cross-border

trade that is handled entirely through electronic communications, comprising the

electronic transfer of trade-related data and documents. 4 One explanation is that

people in the postgraduate sample have more advanced cognitive abilities, and

that these abilities similarly influence the degree of experienced dissonance.

1
Swat, Baswarni, “Implementing of Improvement Billing System,” May 2020

https://www.researchgate.net/publication/345776202_Implementation_of_Improved_Billing_System
2
Dissanayake, C.; Peiris “Fractionally Differenced Gegenbauer Processes with Long Memory: A Review: Semantic Scholar,” 1

August 2018 https://www.semanticscholar.org/paper/Fractionally-Differenced-Gegenbauer-Processes-with-Dissanayake-Peiris/

1c140ed96d5bdd82419064606d3a78c8866103b8
3
Martins, C., Oliveira, T. and Popovic, A. “Understanding the Internet Banking Adoption A Unified Theory of Acceptance and Use of

Technology and Perceived Risk Application,” February 2014 https://www.scirp.org/reference/referencespapers.aspx?

referenceid=1470110 
4
Shepherd, 2014. “Estimating the Benefits of Cross-Border Paperless Trade,” https://www.unescap.org/resources/estimating-

benefits-cross-border-paperless-trade
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(Dohmen et al.,) “Rethinking how risk aversion and impatience are linked with cognitive ability: experimental findings from

agricultural students and farmers” 2010  https://www.tandfonline.com/doi/full/10.1080/10864415.2016.1204191

 https://www.tandfonline.com/doi/full/10.1080/21606544.2021.1966516 
Have been empirically shown to determine impatience and risk 5
IT-coordination

expenses are high in external coordination. This lends credence to the use of

transaction cost economics theory in explaining the impact of paperless port

clearance on businesses. Ports, as mentioned by Carbone and Martino (2003),

are part of the supply chain and play an important role in the coordination of the

parties involved (Chen et al. 2017). Based on the study conducted by Duval and

Menging (2017), paperless trade is the electronic conduct of international

business transactions rather than the use of paper-based documents and data.

In addition, many customers are uneasy about this new development and want to

keep new technologies out of financial services 3

SYNTHESIS

Technologies are evolving rapidly as we seek better, less demanding, and


more secure ways to support technology and innovation. Implementing a digital
document workflow system is multifaceted. Obtaining a document for paperless
workload balancing. Implementing paperless billing, on the other hand, allows
customers to quickly access and pay their bills. Instead of waiting for paper to
pay, customers can access their bill instantly. Furthermore, paperless billing is
secure because it protects customers from identity theft. Because e-billing allows
customers to pay bills online, they save time. With paperless billing, they can
also access their account information from any internet-connected device and
thus paperless billing simplifies the process and gives employees more time to
focus on other tasks.

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