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StreamServe Sustainability Program Helps Businesses Become Green

Wednesday, May 20, 2009

Press release from the issuing company

BURLINGTON, Mass. -- StreamServe, Inc., a leading provider of business communication solutions, today unveiled the StreamServe Sustainability Program, which helps businesses become more cost-efficient while aiding them in achieving their goals of becoming less reliant on our planet’s resources.
Since its founding in 1997, StreamServe has provided businesses in the financial services, utility and supply chain sectors with business communication solutions that meet the demanding challenges for producing and delivering highly customized documents in any format. By leveraging existing ERP, CRM and content management infrastructure that already exists within the enterprise, StreamServe offers businesses an easy way to improve customer and business communications through the delivery of highly-personalized documents and invoices in either paper or electronic format.
Based upon years of collected results from StreamServe’s customers and through consultation with industry analysts and experts focused on green IT, we have established benchmarks which help businesses achieve financial as well as sustainable returns. The StreamServe Sustainability Program offers a series of research, best practices, and tools designed to help businesses determine the eco-savings that can be achieved through StreamServe’s business communication solutions.
“StreamServe’s Sustainability Program adds a new layer to our company’s existing solutions by assisting businesses realize the full eco-impact that these solutions can provide,” said Dennis Ladd, president and CEO, StreamServe. “By significantly reducing resources, such as paper, ink and electricity – StreamServe’s solutions are enabling businesses to improve their sustainability and become more attractive to their business prospects and customers. By reducing resources and leveraging existing IT infrastructure, businesses are also realizing the quick return on investment that can be achieved through StreamServe’s solutions.”
For businesses, the StreamServe Sustainability Program achieves eco-goals while lowering costs and improving efficiencies (and thus profit); reduces carbon, toxins and fossil fuels needed for production; and raises public awareness to their environmental activities. For the customers of these businesses, the StreamServe Sustainability Program demonstrates the clear cost-savings of receiving statements electronically versus on paper; lets them select how they wish to receive business communications (i.e., email, text, web portal); and offers messages for how they too can reduce their impact on the environment.
“The cost-savings that can be achieved through StreamServe’s solutions are impressive,” said Mike Balin, StreamServe’s senior director of Strategic Marketing and Sustainability Initiatives. “For example, we calculated that if a utility company with a total of five million customers and a monthly billing cycle delivers 15% of its total annual invoices from paper to electronic, it would represent a net savings of 70 million sheets of paper not printed each year. This corresponds to a savings of 802 metric tons of carbon production, which is the CO2 equivalent of 7,332 trees, 147 passenger vehicles, 91 thousand gallons of gasoline, 2.6 million kilowatt hours, or the annual electricity use for 106 homes.”
While initially focused on the utilities market, StreamServe’s Sustainability Program will eventually expand to demonstrate the cost-savings that can be achieved in other markets, including financial services and supply chain (i.e., manufacturing and distribution).
“Organizations today increasingly want to become more efficient, cost-effective and sustainable by shrinking paper footprints in favor of digital processes,” said Tom Raftery, sustainability analyst at RedMonk. “Few vendors have the paper reduction capability and potential of StreamServe because of its clear focus on sustainable billing and invoicing.”
To learn more about the StreamServe Sustainability Program, please see: http://www.streamserve.com/sustainability.




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