Digital transformation is an overarching term, covering the technological advancements of a variety of things–from shifting models and competencies to organizational processes and activities. However, the end-goal in all digital transformation is for information to be readily accessible, available, collaborative and usable, regardless of where you are or what you’re…
RPA Benefits and Drawbacks RPA Downsides There’s been some doubt about the propriety of Robotic Process Automation being used in AP tasks, especially with financial transactions being such a crucial part of operational success. With RPA slowly being adopted by companies throughout the world, it’s important to explore some potential…
Going digital is one of the biggest business trends in recent memory, but how can undertaking this transformation enhance your business? If you’ve been a business owner over the past few years, you have certainly heard digital transformation referenced many times. You may have even already begun implementing this transformation…
The coin seems pretty up in the air when it comes to opinions on whether Robotic Process Automation (RPA) is an effective tool for business use. On one side, the cost saved on manual labor is irrevocably undeniable. Plus, the potential to beneficially change the overall quality of process execution…
The world over, companies are seeking out ways that they can increase the efficiency within administrative functions while also reducing their costs. Automating invoice processing is a strong step towards saving precious time and the ability to redirect your employees on to more pressing, useful tasks. Purchase Invoices Usually, invoices…
Document management solutions (DMS) are extremely beneficial in ways that can assist you business in its overall functionality. Ranging from removing overwhelming office mess all the way to ensuring secure storage, effective DMS will increase business time-management as well as profitability. What is DMS? Document management solutions consist of securely…
Automation within Accounts Payable is very much attainable, regardless of how daunting a task it may appear. Current research demonstrates that some 50% of users claim that the manual processing time on invoices is at least three days–with some users saying it takes up to 25 days! Surely there’s a…