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Impact of paperless trading on organizations

Vyšín, Ľubomír LU and Herrera Cepero, Ignacio LU (2019) INFM10 20191
Department of Informatics
Abstract
Innovation in technology within recent years pushed organizations to innovate and digitalize in order to keep their current position on the market as well as fulfil requirements for their future growth. Our study focuses on the changes that the hybrid-paperless model brought to organizations operating within international trade and the future expectations for this industry. The study is focused on one specific European digital platform that allows organizations to work and exchange documents with different parties. The study researches five large organizations in order to identify the impact caused by this platform. Additionally, this research interviews three members of the digital platform creator’s team. We found that organizations... (More)
Innovation in technology within recent years pushed organizations to innovate and digitalize in order to keep their current position on the market as well as fulfil requirements for their future growth. Our study focuses on the changes that the hybrid-paperless model brought to organizations operating within international trade and the future expectations for this industry. The study is focused on one specific European digital platform that allows organizations to work and exchange documents with different parties. The study researches five large organizations in order to identify the impact caused by this platform. Additionally, this research interviews three members of the digital platform creator’s team. We found that organizations using the solution cannot feel a high impact on their financial resources yet but can feel a major impact on their human resources and workflow improvements. Organizations could identify the impact on human resources and workflow even though they are not fully integrated yet. Two of the organizations could even identify the small improvement of customer satisfaction which was not yet mentioned by the available literature. Finally, organizations and creators think that most developed markets can become fully paperless within the next 10 years. (Less)
Please use this url to cite or link to this publication:
author
Vyšín, Ľubomír LU and Herrera Cepero, Ignacio LU
supervisor
organization
alternative title
Study of impact and future of European paperless international trading
course
INFM10 20191
year
type
H1 - Master's Degree (One Year)
subject
keywords
Paperless, Hybrid-Paperless, Digital, Certificate, International trade, Digitalization, Impact, Platform, Time, Documents
report number
INF19-029
language
English
id
8981652
date added to LUP
2019-06-19 10:31:01
date last changed
2019-06-19 10:31:01
@misc{8981652,
  abstract     = {{Innovation in technology within recent years pushed organizations to innovate and digitalize in order to keep their current position on the market as well as fulfil requirements for their future growth. Our study focuses on the changes that the hybrid-paperless model brought to organizations operating within international trade and the future expectations for this industry. The study is focused on one specific European digital platform that allows organizations to work and exchange documents with different parties. The study researches five large organizations in order to identify the impact caused by this platform. Additionally, this research interviews three members of the digital platform creator’s team. We found that organizations using the solution cannot feel a high impact on their financial resources yet but can feel a major impact on their human resources and workflow improvements. Organizations could identify the impact on human resources and workflow even though they are not fully integrated yet. Two of the organizations could even identify the small improvement of customer satisfaction which was not yet mentioned by the available literature. Finally, organizations and creators think that most developed markets can become fully paperless within the next 10 years.}},
  author       = {{Vyšín, Ľubomír and Herrera Cepero, Ignacio}},
  language     = {{eng}},
  note         = {{Student Paper}},
  title        = {{Impact of paperless trading on organizations}},
  year         = {{2019}},
}