DHL cuts costs and paper invoicing.

The article reports on the move of DHL Corp. to reduce costs by rolling out electronic invoicing (e-invoicing) across Europe. It is stated that the e-invoicing would help DHL to remove paper, printing and postage costs which are associated with traditional billing. According to DHL electronic billing program manager Brian humwood, the company has estimated 15% savings by cutting direct costs and switching 30% of customers to e- invoicing. Accordingly, it reveals that the company has expected to eliminate about six million paper invoices a year through the use of the program.