Bills: what's the benefit to me of going paperless

ScottK

ScottK

Not out of the crisis
Leader
Super Moderator
#1
#1
All my bills... credit cards, car insurance, phone, cable/internet, mortgage, etc. want me to "go paperless".

While this clearly benefits them by cutting postage costs, where does it benefit me as I already pay everything on-line?

I like getting the bills for my records and as reminders.
In fact, I started going paperless on my cable bill and found I kept missing it by a day or two as they would send me a reminder two weeks before the due date - so I'd wait... too long.
I could really see how this would benefit credit card companies so they can slap on more late fees.

So where is the incentive?
 
SQCpack - Communicate Quality Metrics
Elsmar Forum Sponsor
Randy

Randy

Super Moderator
#2
#2
Other than immediate or near immediate assurance that they got the money I dunno. We did the same thing and kept missing things by a day or 2 but pretty much have a handle on it now.
 
ScottK

ScottK

Not out of the crisis
Leader
Super Moderator
#3
#3
Randy said:
Other than immediate or near immediate assurance that they got the money I dunno. We did the same thing and kept missing things by a day or 2 but pretty much have a handle on it now.
Click to expand...
Another pet peeve...

They don't get the money immediatly. Not one bill that I pay on-line from my bank account is credited immediatly because there is still a couple of days of processing time. So even If I remember "hey! I have to pay my phone bill today" and do it tonight, the payment date is still two days out.

So much for the instantaneous-ness of internet payments.
 
M

Mustang

#4
#4
And, heaven forbid if you mess up inputting an account number :mg: . It took me two months to get a credit card bill straightened out because of that (1 month to be notified about the error, another month dealing with them). Luckily, despite the aggravation, the company did reverse the finance charges. :agree1:
 
Marc

Marc

Fully vaccinated are you?
Leader
#5
#5
I do everything financial in Quicken and use Quicken Bill Pay and have for over 10 years. Before that I used a different program but can't remember the name off hand. I very rarely write a check for anything.

I set payment for 1 business day before due date and never, ever have a problem with a late fee because of the processing lag. If you're worried about a 1 day overlap, as opposed to 'immediate', you're fighting a loosing battle and - Well, really. One day? Like I say, for me it's a 1 business day prior to the date due and I never have a problem.

One time I did have a problem when I 'tested' the Pay On The Date Due method. Of course, I was charged a late fee. I called the bank after checking online to ensure the money was in fact transferred on the day due, and it was. I called the credit card company and explained that I could prove they did get the payment on the date due and the money was transferred on the date due. They refunded me the late fee but that was the

At the end of the year, taxes are easy - Export the Quicken tax 'report', import into Turbo Tax, import the pervious years TurboTax file, and that's pretty much it. I file taxes every year by the 3rd week in February because by then I know all transactions, 1099's, etc. are in.

The only problem I ever had was one year a credit card company changed addresses. I never paid attention to the address to send a bill to before and after about 6 months I noticed a payment wasn't credited for about a month. Called them, figured out the error and now I do look at the address they have to send the bill to now and again to make sure there are no changes.

I also get most of my statements, like my bank statements, online rather than through snail mail, or through email.

I'd have a hard time going back to paper.
 
C

chergh - 2008

#6
#6
All my banks accounts, credit cards, mobile phone etc are all paperless now. The advantages I find from this are I have less clutter lying about my house, I don't need to spend time filing them away or destroying them if I'm not going to keep them (we've all seen the stories about identity fraud from people taking stuff from your bin) and I can always retrieve a bill easily without having to waste time looking for it or remembering how my filing system works.

I never have any problems with late payment either as they are all set up as standing orders or direct debits.
 
You must log in or register to reply here.
Thread starter Similar threads Forum Replies Date
M Who should receive the bills from suppliers and vendors, account payable or procurement? Consultants and Consulting 4
Marc Wikipedia to go dark on Wednesday in protest of US anti-piracy bills After Work and Weekend Discussion Topics 0
R CitiBank Bills the Dead Funny Stuff - Jokes and Humour 12
K Help with ISO 14971: Benefit-Risk Analysis ISO 14971 - Medical Device Risk Management 3
J The necessity and benefit of ISO13485:2016 for a manufacturer of class I devices ISO 13485:2016 - Medical Device Quality Management Systems 3
P Benefit risk analysis on pFMEA ISO 14971 - Medical Device Risk Management 10
silentmonkey Overall Benefit/Risk Analysis - Risk Management VS Clinical Evaluation ISO 14971 - Medical Device Risk Management 3
M Clinical Benefit of device that only aids in a process for managing or treating disease EU Medical Device Regulations 3
R The term "Benefit Risk Ratio" in EU MDR, do I need to present benefit risk analysis as a RATIO Risk Management Principles and Generic Guidelines 4
M Estimating the benefit-risk ration under MDR EU Medical Device Regulations 2
J ISO 9001 - How to decide if a company needs or will benefit from certification? ISO 9000, ISO 9001, and ISO 9004 Quality Management Systems Standards 6
M Informational Final guidance – GUIDELINES on the benefit-risk assessment of the presence of phthalates in certain medical devices covering phthalates which are carc Medical Device and FDA Regulations and Standards News 0
M Informational FDA discussion paper – Consideration of Benefit-Risk Approaches for Weight-Loss Devices Medical Device and FDA Regulations and Standards News 0
M Informational US FDA Final Guidance – Consideration of Uncertainty in Making Benefit-Risk Determinations in Medical Device Premarket Approvals, De Novo Classificati Medical Device and FDA Regulations and Standards News 0
M Risk/Benefit vs. benefit-risk - Revising an SOP covering Risk Management with the MDR in mind EU Medical Device Regulations 10
M Informational EU – 12th Meeting of the Working Group on Guidelines on benefit – risk assessment of Phthalates in Medical Devices Medical Device and FDA Regulations and Standards News 0
A Risk-benefit Analysis - Hazard Analysis (HA) and FMEAs ISO 14971 - Medical Device Risk Management 18
M Informational EU – SCHEER – Minutes of the Working Group meeting on guidelines on the benefit-risk assessment of the presence of phthalates in certain medical devic Medical Device and FDA Regulations and Standards News 1
Q Risk / benefit Analysis in Risk Management Report CE Marking (Conformité Européene) / CB Scheme 12
M Medical Device News FDA News - 14-09-18 - Benefit-Risk Factors to Consider for Substantial Equivalence Other US Medical Device Regulations 0
M Medical Device News FDA news - 05-09-18 - Draft - Uncertainty in Benefit-Risk Determinations Other US Medical Device Regulations 0
A MDSAP benefit for manufacturer of low-risk devices Canada Medical Device Regulations 3
dgrainger Benefit - What is the definition of Benefit in ISO 14971? ISO 14971 - Medical Device Risk Management 7
W Risk Benefit Analysis - ISO 14971:2012 Requirements ISO 14971 - Medical Device Risk Management 27
C Help with Risk/Benefit Analysis Self-help Device for Diabetics ISO 14971 - Medical Device Risk Management 3
J Does anyone have an example of Risk-Benefit Analysis per ISO 14971? Other ISO and International Standards and European Regulations 2
P Does anyone know about Ontario Drug Benefit (ODB) program in Canada? Canada Medical Device Regulations 2
AnaMariaVR2 Structured Approach to Benefit-Risk Assessment in Drug Regulatory Decision-Making Pharmaceuticals (21 CFR Part 210, 21 CFR Part 211 and related Regulations) 0
sagai New Draft Guidance from FDA - Factors considered for Risk/Benefit Determination Other US Medical Device Regulations 4
B Good Auditors - What is the benefit I get from NC & OFI General Auditing Discussions 25
Z Does a Tooling Build or Design Benefit From TS16949 IATF 16949 - Automotive Quality Systems Standard 8
Sidney Vianna Study: Companies, employees benefit directly from ISO 9001 ISO 9000, ISO 9001, and ISO 9004 Quality Management Systems Standards 35
J Cost-Benefit Analysis of Internal Quality Audit Misc. Quality Assurance and Business Systems Related Topics 1
Sidney Vianna How to get the greatest benefit from your AS9100 registration AS9100, IAQG, NADCAP and Aerospace related Standards and Requirements 0
Ajit Basrur Booklet on Medical Devices for the benefit of all our employees ISO 13485:2016 - Medical Device Quality Management Systems 6
A Does Your Organization Really Benefit from Internal Audits? Time for a Change? Internal Auditing 149
B Form Identification Numbers - I do not really understand the benefit of a form number Document Control Systems, Procedures, Forms and Templates 13
H How internal audit benefit the management level? Internal Auditing 1
M Does 6 Sigma Really Give Benefit Or Improvment In Medium And Small Organisations? Six Sigma 1
D Registrars - Benefit or Burden? Registrars and Notified Bodies 7
D TS 16949 Cost Benefit Analysis IATF 16949 - Automotive Quality Systems Standard 2
Marc Start Your Cost Benefit Analysis - Linux After Work and Weekend Discussion Topics 1
D Certification vs. Quality? Benefit to product quality? ISO 9000, ISO 9001, and ISO 9004 Quality Management Systems Standards 1
J ROI NPV HRV DIF or payback time? Ways to calculate cost benefit analysis Misc. Quality Assurance and Business Systems Related Topics 11
S How to add a priority-cost/benefit function to our quality systems? Misc. Quality Assurance and Business Systems Related Topics 3
S Measuring benefit of QS9000 QS-9000 - American Automotive Manufacturers Standard 10
D Going to America, When can I register US Medical Device Regulations 6
V Going out of business - related obligation to transferring to another manufacturer EU Medical Device Regulations 0
H European requirements for rechargeable Lithium-ion batteries going to be used in Electronic Pipette CE Marking (Conformité Européene) / CB Scheme 0
Watchcat How are pre-subs going these days? Other US Medical Device Regulations 2

Similar threads

Top Bottom