Many of us have now switched the majority of our bills to paperless billing which is great as it all helps towards saving the environment. Many companies have saved a small fortune by stopping sending out paper statements and bills and some have passed a small percentage of this saving on to us.

Although paperless billing is becoming increasingly popular, I have recently discovered a few issues with some companies operating this system which could jeopardise the whole situation. With many of these companies you are given a login to a website where you can visit and see a list of past transactions and download bills or receipts. This is vital, especially for businesses that need to keep records. Some companies will only hold bills on the system for 6 or 12 months meaning after this time you may not have the opportunity to get them again and with many businesses only looking to obtain copies of invoices when they come to do tax returns, can prove problematic.