Believe it or not, many companies still use paper diaries or books to register / record events in chronological order. These diaries are stitched with a thick thread, and their pages are accurately numbered. However, there is an alternative. This article will explain why and how electronic logbooks replace traditional paper recordings.
Gradually, electronic document management replaces paper across various industries and geographies. One of the recent examples is abolishing paper income accounting books for entrepreneurs by the Ministry of Finance of Ukraine Order 26.11.2020 № 728. But why are e-logs common? Let’s find out.