Calculate Your Way to a Greener Tomorrow: The KUBRA Advantage

Before the dawn of the digital age, there really weren't any alternative ways to pay bills. Every month, the checkbook would come out, a stack of paper bills beside it, and you’d get down to the business of settling up with your service providers. The payment landscape couldn’t be more different today, with more consumers leaving their checkbooks behind in favor of digital payment methods. And yet, more than half of consumers still get a paper bill. Trying to change ingrained habits can feel like a battle that is not worth fighting. But we’re here to show you that there are significant cost savings associated with increased paperless adoption, along with the added benefit of showing your organization’s commitment to sustainability. As digital natives and eco-conscious Gen Z continue to move into the role of billpayers, demand for seamless and intuitive e-billing solutions will grow.

Paper vs. Paperless

Despite the growth in e-billing adoption, 53% of customers still receive a paper bill. The primary reasons include feeling paper bills are easier to review, a more effective reminder to pay, and concerns about missing a digital payment.

Since 2021, there has been an almost 10% growth in paperless adoption. This trend offers billers a golden opportunity to boost their adoption and awareness campaigns. As customers increasingly seek digital solutions for convenience and sustainability, billers can capitalize on this momentum by enhancing their promotional offers and education strategies. 

Breaking Down the Cost of Paper Billing

If you want to invest the time and resources to increase your e-billing rates, we’re happy to tell you that some simple math tells a very compelling story.

When you factor in the costs of paper, postage, labor, and processing time, issuing paper bills costs substantially more than e-bills. On average, an e-bill costs between $0.01-$0.09, compared to a paper bill, which costs between $0.60 and $0.69. 

In addition to the very tangible dollars and cents savings, there are also measurable environmental benefits to going paperless. Naturally, there’s the obvious forest preservation, but there’s also a reduction in greenhouse gas emissions, less solid waste, and improved water conservation. There are very few genuine win-win solutions, but this is definitely one of them!

Add Up Your Savings With KUBRA’s Paperless Adoption Calculator

Building a case for expanding your paperless adoption efforts has never been easier. With our Paperless Adoption Calculator, you get an easy-to-use interface that delivers instant savings calculations and positive environmental impact. Simply input these key metrics:

• Number of customers you serve
• Your current paper billing rate
• Average number of pages per bill
• Cost per paper/electronic bill (prefilled with industry-standard costs)

Your savings and estimated annual environmental impact will be revealed instantly, including the number of trees and gallons of water conserved, tons of paper saved, and pounds of greenhouse gases and solid waste reduced. With this simple process, you will see a persuasive case for embracing a paperless future. 

KUBRA’s Commitment to Sustainability

Our dedication to advancing environmental sustainability is evident through our efforts to reduce our carbon footprint and offer eco-friendly solutions to our clients. By obtaining Perennial FSC Certification and partnering with vendors who are also FSC certified, we ensure that the forestry products we use are responsible and sustainable. We further offset our environmental impact by encouraging our clients to lower paper billing volumes by promoting e-billing. At KUBRA, we continually strive to operate mindfully and responsibly, ensuring sustainability remains one of our key priorities.

Cost Savings and Sustainability in One Solution

Now that you understand the profound impact that increasing paperless billing adoption can have, it's clear that transitioning to e-billing is both environmentally beneficial and good for your bottom line. The KUBRA iDoxs® Suite offers a comprehensive system to maximize these benefits by streamlining billing processes, reducing costs, and enhancing customer satisfaction through efficient, eco-friendly practices. This solution will ensure you are well-equipped to meet the modern demands for sustainability and operational efficiency. Transition to the future with KUBRA iDoxs and make a difference today!