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Sign into your accountWhat's the Difference Between Transaction Management and Going Paperless?
October 31 2018
Just about any business owner can tell you the benefits of having a paper trail. Most consumers could, too. But having a paper trail doesn't mean having paper.
In recent years, there's been a huge shift in the real estate industry from the overflowing file cabinets of the past to digital file storage. It's all about going paperless—leaving out the paper, but still keeping that proverbial paper trail.
Here's the thing, though: Going paperless doesn't necessarily translate to a smoother workflow. It's a good foundation, but nowadays, there's so much more we can do thanks to things like transaction management.
So what's the big difference between a paperless office, and one that uses transaction management?
Let's start by looking at what "paperless" means—and where it came from.