We live in an electronic world. Almost all documents are created electronically. The latest statistics show that only 7% of business documents are created other than by the use of computers. That 7% comprises all manuscript notes, letters and memoranda. And, a year from now, that figure of 7% will have reduced again.
Indeed, 70% of documents that are now created in the course of commerce are never printed to paper. The fax machine, which revolutionised commerce in the 1980s, is yesterday’s gadget. Today the preferred mode of commercial communication is e-mail. Faxing has given way to scanning and e-mail. In the major financial institutions and corporations almost all communication is electronic.
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