The company could do EFB (ipad) and electronic recordkeeping along with electronic W&B if they apply for and be granted the necessary OpPsecs. Everything you ever wanted to know is in FSIMS FAA Order
8900.1, Volume 3, Chapter 18 and associated Advisory Circulars. Timing depends on how robust the operator’s program and documenation is, and how busy the FSDO is to review and approve.