Wednesday, October 14, 2009

Dealing with the paper tiger

It amazes me that in a technological world such as we have today that we still rely very heavily on paper. There are many companies that are trying to go paperless. This is a good thing yet it adds a bit of complexity too. If you have 5 bills that would be five company websites to go to and 5 user names and passwords.

If you are not online and still receiving paper then you should also have a very good filing system and a way to store all the paper. Too much paper becomes a fire hazard as well as a potential bug investation problem.

Then you have online bill pay which many banks provide but that I find very lacking. The main problem is you still receive the paper copies of each bill. The only thing you do is PAY online.

I found a company about five years ago that allows you to accept paper bills to a central location. The company scans the paper and then posts it to a secure website. All you have to do is go to one website, view the bills online and pay them online. No filing, always pay on time, no stamps or checks. What a life saver! The website is http://www.paytrust.com

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