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Going Paperless in Community Association Management

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Page 1: Going Paperless in Community Association Management
Page 2: Going Paperless in Community Association Management

Mickey McGuire, SouthData, Inc.

EFFICIENCY & PRODUCTIVITYGoing Paperless

Page 3: Going Paperless in Community Association Management

• National supplier of printed and electronic communications specializing in the HOA Market for the past 14 years.

• Regular speaker at the CAM Profitability Conference.

Mickey McGuireVice President of Sales

SouthData

Page 4: Going Paperless in Community Association Management

GOING PAPERLESSIS NO JOKE

Page 5: Going Paperless in Community Association Management

US PAPER CONSUMPTION

Packing, 5% Tissue, 7%

Newsprint, 8%

Containerboard, 31%

Boxboard, 21%

Printing/Writing, 28%

Page 6: Going Paperless in Community Association Management

* From Reduce.org

ENVIRONMENTAL REASONS FOR GOING PAPERLESS

31X

• The cost of USING paper can be as much as 31 times the cost of the paper itself.

1.5

• Cups of water to make 1 sheet of paper.

40%

• Amount of wood in the US that goes to the production of paper

10,000

• Sheets of paper the average office worker uses per year

Page 7: Going Paperless in Community Association Management

* From www.absolutelypaperless.com

ECONOMIC REASONS FOR GOING PAPERLESS

$10,000

• Average cost to fill and maintain a single four drawer file cabinet

25%

• Number of documents that are misplaced and will never be located

$23

• Cost of copying the average document, which is copied 9 to 11 times

90%

• Amount of business information that is in document form, not databases.

60%

• Amount of an average employee’s time spent creating, managing and distributing documents

Page 8: Going Paperless in Community Association Management

WHY GO PAPERLESS?

Put the Name of the Session Here

0% 10% 20% 30% 40% 50% 60% 70% 80%

Environmentally Concious

Easy to Send

Modern

21%

21%

23%

71%

74%

71%

Paper vs. Digital: Public Perception

Digital Paper

Potential ClientsEldeman Berland study 2013

Page 9: Going Paperless in Community Association Management

WHY GO PAPERLESS?

Put the Name of the Session Here

Potential Employees

Eldeman Berland study 2013

Companies operating mostly on

paper are old fashioned

Sat it’s important for potential employers to

operate digitally

0 % 100 %

68%

0 % 100 %

68%

Page 10: Going Paperless in Community Association Management

GOING PAPERLESSYou have choices: there are many companies in this field.

Don’t need to spend a lot of moneyDo need a great deal of disciplineDo need a great deal of planning

Page 11: Going Paperless in Community Association Management

GETTING STARTED

• Establish rules (at least at the start)

• Remove the fax machine

• Fax document convertor

• Request paperless statements and invoices

• Set a timetable

• Monitor the progress

• Not every document must be digitized

Page 12: Going Paperless in Community Association Management

PLANNING – SAMPLE FILE TREE

•Company

• Managers

•HOA’s•Budget•HOA Mailings•Unique Items•Committees•Homeowners Files•Vendor Contracts•Compliance• Insurance•Minutes

•Developer Items•Legal•Parking•Financials•Mgmt Costs•Reserve Study• (Audits / Bank)•Governing Documents•Maps

Page 13: Going Paperless in Community Association Management

HOW TO GET STARTED

• Scanners/Scanning

• Types (high speed, desktop, fax to electronic)

• Outsourcing (cost, limitations)

• Who can do scanning?

• Adobe Acrobat (full version so you can edit)

• Discipline. Discipline. Discipline.

Put the Name of the Session Here

Page 14: Going Paperless in Community Association Management

HOW TO GET STARTED

•Scanners/Scanning• Types (high speed, desktop, fax to electronic)

• Outsourcing (cost, limitations)• Who can do scanning?

•Adobe Acrobat (full version so you can edit)

•Discipline. Discipline. Discipline.

Page 15: Going Paperless in Community Association Management

ADVANTAGES OF GOING PAPERLESS

• Space

• Convenience

• Access

• Mobility

• Speed

• $$$$$

Page 16: Going Paperless in Community Association Management

Any Questions?