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With Earth Day around the corner on April 22, now is the perfect time to think about changes you can make around your business to reduce your environmental impact. While there are many earth-friendly practices you could implement, there’s one change you can make that will have a positive impact on the environment and on your bottom line: going paperless.

With commercial real estate costs continuing to rise year over year, prices are getting prohibitively expensive for many companies, especially in places like New York City and Boston. Today NYC prices are second only to San Francisco in terms of cost per square foot. Real estate costs have a significant impact on the bottom lines of businesses like yours, and often, the space you’re paying such a premium for is being wasted.

World Paper Free Day encourages people to go paperless for a day. Why go paperless? By going paperless, you can reduce the number of trees that are cut down and used to manufacture paper products.

By now, you probably know the advantages of going paperless: instantaneous document retrieval, improved efficiency, cost-savings, searchable text, reduced space needs, more easily meeting compliance guidelines, etc. But how do you do it? Should you outsource the scanning of your documents to a local scanning company or do it yourself (DIY) by investing in people, equipment and software? Or should you consider some combination of both outsourcing and DIY?

Are your offices feeling cramped? As your organization grows, it’s only natural that your once spacious branch or headquarters will quickly begin to feel less roomy. Before you consider relocating to a larger space, ask yourself this: have you really outgrown your office or could you make some strategic changes to utilize your square footage better?

Explore the stories of three organizations who went paperless because they were tired of dealing with paper problems. Now, with their new paperless systems and processes, they’ve all seen radical improvements to their efficiency and are able to be much more responsive to customers and other stakeholders.

Some of a business’ most valuable assets are ideas. From research data in lab notebooks to proprietary designs and trade secrets, intellectual property (IP) comes in many forms, making it a challenge to know how to protect it. But how can you use technology to manage your intellectual property when it’s paper-based?