DHL has announced plans to slash more than one-third of the 18 million paper invoice it sends out across Europe by 2010. Accountis, a global provider of secure financial document exchange and payment systems, has been working with DHL for two years developing the company's e-billing capabilities.
DHL customers using the e-billing service no longer need to receive their invoices on paper. They simply login to an online portal to view and approve them electronically.
DHL anticipates the change will save approximately 2,400 trees and 600 tons of CO2 per year.
The company acknowledges there are other cost-saving reductions to be reaped from the shift to electronic billing. "Valuable resources including paper, ink, electricity and fuel are all consumed unnecessarily in the paper invoicing process every day. We want to play our part in reducing this waste and the detrimental impact it is having on our planet," said Brian Thumwood, DHL's e-Billing Manger for Europe.