Using electronic bound book software can help you cut the costs of A&D recordkeeping. Streamlining business processes in any area will reduce costs, but changing those processes to maximize efficiencies means long-term savings. Turning from paper-based A&D recordkeeping to electronic ATF software is a game-changer. Time is money and you’ll certainly gain cost savings in eliminating manual tasks, but with better data you gain even more. Error-free and easily accessible data means that you will also see cost savings related to audit preparation, answering inquiries, and not having to track down lost or incorrect data.
Taking the time to implement a new process may sound daunting, but in the end the cost-savings will be worth the effort.