Cost of faxing considerably reduced using online service eFax®, removing hardware and consumables costs

j2 Global (NASDAQ: JCOM), a leading provider of cloud business services, today announced its latest findings showing businesses can save more than £520 per year for every fax machine in a company.

By switching to its simple online tool called eFax®, companies can use a cloud based fax system to transmit ‘signed for’ documentation without needing the expensive hardware or consumables normally needed in the office.

With more than 11 million subscribers worldwide already benefitting from eFax, the system cuts overheads for businesses of all sizes removing the need for equipment and reducing line installation, rental, ribbon, electricity, and even maintenance costs.

j2’s research shows that on the basis of an average usage over the course of one year, a single fax machine costs more than £600compared to the total annual cost for eFax of £90*. Reducing unnecessary overheads helps companies to save money and drive economic growth.

The eFax service enables users to utilise a well-organised digital document management system. With an effective document search tool, access to stored faxes is quick and easy, eliminating the need for paper documents and filing cabinets. Users can also remotely retrieve their faxes, something that is not possible with traditional fax systems.

Enhanced by a digital signature, this paperless process is supported by a confirmation cover sheet that validates the document has been sent via a trusted source, maintaining its legal integrity. Reducing time spent on administrative tasks, eFax condenses what were once mundane processes to a simple and manageable task.

Paul Kinsella, Vice President, General Manager, j2 Global Europe, said: “The demand for official, signed documentation means that fax is still an integral feature in offices. eFax provides a fast and effective internet based system that enables faxes to be sent and received remotely. Despite the perception that fax technology is outdated and redundant it is still alive and well in the modern office.”

“By demonstrating the significant cost saving from converting just one fax machine to eFax, in addition to the freedom and flexibility of switching to a cloud based service, we can show how cost savings can be made by businesses whatever their size or sector.”

* Including one-off purchase costs of fax machine and line installation.
eFax vs Fax Machine: Annual Cost Comparison

                                                                                                 eFax(R)                       Fax Machine

                                                                                    Monthly      Annual         Monthly      Annual

Brother Plain Paper T-106 Fax Machine*                     GBP0.00       GBP0.00                            GBP81.66
BT Business Phone Line Rental                                   GBP0.00       GBP0.00        GBP17.20    GBP206.40
BT Phone Line Installation Costs*                                GBP0.00        GBP0.00                           GBP112.00
Paper                                                                           GBP0.00        GBP0.00        GBP0.97      GBP11.64
Fax Machine Ribbon                                                    GBP0.00        GBP0.00        GBP16.19    GBP194.30
Electricity                                                                     GBP0.00        GBP0.00        GBP0.48      GBP5.72
eFax(R) Cost                                                               GBP7.50        GBP90.00      GBP0.00      GBP0.00

TOTAL Annual Cost                                                                       GBP90.00                          GBP611.72

Total Savings GBP521.72

* One off payment

BrotherPlain Paper t-106 Fax Machine (https://www.staples.co.uk/technology-promotions/fax-machines/plain-paper-fax-t-106) 

BT Standard Business Phone Line Rental (https://business.bt.com/phone-services/business-phone-lines/pricing/)

Brother Fax Machine Thermal Transfer Ribbon (https://www.staples.co.uk/fax-consumables/brother/t106/pc-75-thermal-transfer-ribbon)

Copy Paper (https://www.staples.co.uk/paper-supplies/copier-paper/a4-staples-copy-paper-80-g-m-white?r=rh)

Electricity (https://www.ukpower.co.uk/home_energy/compare/dual/HPGTE2YB/20573-Clear–Simple/details)

All prices accurate as of 10 September 2012

About eFax
eFax is a brand and registered trademark of j2 Global, Inc. (NASDAQ: JCOM) and is online at https://www.efax.co.uk.
The eFax branded service is a pioneer in the fax business, with a string of technology and business firsts dating back to 1996. Individuals and small businesses can learn more about sending and receiving faxes online at https://www.efax.co.uk.

About j2 Global™
Founded in 1995, j2 Global, Inc. provides cloud services to individuals and businesses around the world. j2 Global’s network spans 49 countries on six continents. The Company offers Internet fax, voice and email solutions. j2 Global markets its services principally under the brand names eFax®, Onebox®, eVoice®, FuseMail®, Campaigner®, KeepItSafe® and CampaignerCRM™.
SOURCE J2 GLOBAL