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Tradia Commerce Network “Goes Green” with Online Statements

05-08-2008 11:42 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Tradia Commerce Network

May 7, 2008 – Clackamas, Oregon – Tradia ® Commerce Network has decided to do its part for the planet and stop mailing monthly account statements. The decision was made by CEO Matthew Humphreys, who said “Although Tradia is already considered a green company; sending monthly statements via email will not only cut company costs, but will reduce the paper and energy used in printing and mailing the statements and reduce our company’s footprint on the environment.”

Tradia (www.tradia.net) is a corporate sponsor of this year’s Global Green Alliance Green Earth Expo, being held this year in Orlando, Florida from May 15-17. With over 50,000 expected attendees from around the world, Humphreys will be speaking twice during the gathering. Tradia’s change to green began four years ago when Brokers across the United States started sending weekly “trade flashes” advertising products and services on barter to their members via email. A year after that the decision was made to provide Brokers, Local Trade Directors and corporate Members monthly statements via the Tradia website. Tradia has provided online statements for years to approximately half its members, but until now has mailed out monthly statements to the other half.

Tradia mails out an average of 2000 account statements each month. While it might seem like a financially motivated decision, the change to online statements benefits the Tradia members as well. They will have less paper waste to recycle and will more actively use the Tradia website, not only to see their monthly statements, but to monitor their entire barter account online.

Tradia members will now receive emails when their monthly statements are ready with a link to the Tradia website where they can review the statement and decide whether or not they want to print it out. Those members without an email address will still be mailed their monthly statements, however, the Tradia accounting department estimates that less than 10% of its members do not have an email on record with the company.

Press Contact:
9123 SE St Helens Street
Clackamas, OR 97015
Phone 503-656-7900
Fax 503-656-4590
sales@tradia.net

Tradia Commerce Network was founded in 1995 and was originally called Compass Card until its corporate name change in 2004. It is the largest privately held barter exchange in the United States with Franchises and Local Trade Directors serving over 5000 cardholders nationwide.

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