The document discusses the high costs associated with paper-based workflows and records management. It estimates that US companies spend $8 billion annually managing paper. Individual information workers waste an average of $19,000 per year and spend 30 minutes daily searching for paper documents. Digital transaction management can significantly reduce these costs by eliminating paper, printing, and physical delivery. For example, DocuSign has saved an estimated $9.3 billion in shipping costs alone by removing the need to overnight documents to signers.