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Consider the way that you use financial services and the way in which you embrace technology. Have you any preferences of continuing to use paper-based systems? If yes, Why?



User HemChe
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Answer:

No, I don't have any preference for using any paper based systems.

Step-by-step explanation:

The reason why I don't have any preference for paper based system is as under:

  • It is time to embrace technological advancements and managing our financial records using softwares, fintech technology and accounting softwares has made the record keeping much easier than before.
  • The biometric technology can help in authenticating the records and physical presence can also be authenticated via a video of the person using the biometric system. This has enabled the companies to lower its paper usage significantly and now, we can rely on a new green technology that would resolve our numerous issues along with deforestation.
  • Other factors are Editing issues, cost of transporting data, ethical trading, Accuracy of record keeping, Correction traceable, Cost of managing information, etc.
User Mak Sing
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