These tools are needed to automate processes such as asking for information from government entities, which frequently requires wide-ranging but redundant paperwork. By hastening communications, software permits title companies to serve consumers more competently and, in turn, serve more consumers without adding staff. In some instances, the software allows title companies to access real-time HUD information completely online, with no need for hard copy paperwork, using web-based interfaces that access the necessary databases distantly (Austin, 2012).
Another area that could be very helpful is that of placing online orders with vendors. The kind of system captures information entered by hand and applies the information automatically to a variety of documents, getting rid of time-consuming and superfluous work. The software automates document preparation for processes at dissimilar stages of the titling process such as preparing HUD documents, writing checks and reconciling escrow account data. This type of software also gives title companies the capability to produce activity and productivity reports and keep an eye on inventory (Austin, 2012). Technological advances in electronic documents can save a company time and money, which decreases overhead costs by using less paper goods, by focusing on electronic documents.
Another area in which Stewart feels that they can improve is in going green. Applying green procedures to the workplace creates a healthy atmosphere for workers, decreases needless waste and distinguishes the role that businesses play in leading the way for social change. For the business that is thinking about going green, a diversity of reasons exists to take the leap. Going green can progress the overall competence of a business. Dropping needless waste can trim operating expenses for the business that can make huge differences over time. Refilling ink cartridges instead of throwing them away is another money-saving practice, since it saves money on the purchase of new cartridges, and it also decreases the amount of plastic thrown away from the cartridge and packaging (Lorette, 2012).
Two areas in which Stewart believes that they can work on are recycling paper instead of discarding it and recharging ink and toner cartridges instead of throwing them away. The average office worker in the U.S. uses 10,000 sheets of copy paper every year. That's about four million tons of copy paper used every year. Office workers in the U.S. produce approximately two pounds of paper and paperboard products every day in the normal course of doing business (Paper Recycling at Work, 2012).
"Each year over 375 million empty ink and toner cartridges are thrown away with most ending up in landfills or in incinerators. To put this in perspective the 375 million cartridges per year amount to disposal of:
1,000,000 cartridges per day
11 cartridges per second.
375 million cartridges put end-to-end would circle the earth over three times.
This mountain of waste can be reduced through reuse and recycling. Yet approximately 70% of all ink cartridges and 50% of all toner cartridges are still not recycled" (Environmental Benefits: Reuse & Recycling Ink and Toner Cartridges, 2009).
The plastics that are used in making printer cartridges are made of an engineering grade polymer that has a very slow decaying rate. "On average it takes between 450 to 1000 years depending on the cartridge type. Throwing ink cartridges into garbage cans causes...
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