Blog
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19 Oct 2021“The Great Resignation”: How to Overcome it with Technology
Pandemics change human societies on many levels. COVID-19 dramatically restructured the work model that had been around since the start of the industrial revolution. During the past year and a half, workers’ expectations have evolved. And, according to a new Bankrate Survey, it’s this shift in mindset that has over half of Americans planning to […]
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13 Oct 2021Important Lessons for Debt Relief Company Success
With consumer debt growing at record levels and ongoing pandemic uncertainty adding to the financial anxiety of many Americans, the need for services from debt relief companies is increasing. According to Experian, one of the three primary credit bureaus, consumer debt balance hit a record high in 2020, reaching $14.88 trillion. Experian data shows the […]
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29 Sep 2021What is Workflow Automation? Getting Started in 4 Easy Steps
Workflow automation is a method of expediting and streamlining document-based business processes to improve efficiency, reduce costs, and provide transparency. With automation, you’ll enjoy accelerated document processing times, fewer errors thanks to the elimination of manual data entry, and better accountability due to the visibility that digital tracking provides. Workflow automation is also known by […]
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24 Aug 2021Which Level of Workflow Automation Software Is Right for You?
As of 2020, a Statista study found the primary reasons for digital transformation in organizations worldwide were due to improved earnings (19%) and customer demand (26%). This means even smaller businesses can experience impressive productivity gains with partial automation of their paper-based business processes. While many rave about the power of workflow automation, the first […]
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29 Jun 2021AP Automation Is Helping Companies Cut Costs and Avoid the Heightened Risk of Fraud
Prior to the coronavirus pandemic, fraud was a serious issue facing businesses. In fact, according to a 2018 survey conducted by the Association of Certified Fraud Examiners (ACFE), the world’s largest anti-fraud organization, the total profit loss caused by the cases in their study exceeded $7.1 billion, representing only a tiny fraction of fraud globally. […]
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03 Jun 2021Ensure Business Process Integrity with Workflow Automation & Exception Handling
To optimize efficiency and minimize risk when processing documents, organizations must ensure the accessibility and organization of files before any given process is completed. Missing documents must be quickly identified and resubmitted to continue processing and avoid regulatory headaches, failing audits, and lawsuits. Two examples of document types where this is important include I-9s as […]
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06 May 2021How Workflow Automation Supports Business Process Improvement
According to a recent McKinsey report, 45% of business tasks can be automated by today’s technology. Business process automation (BPA) is a simple strategy that helps your business cut costs and become significantly more productive by automating some of your company’s key processes. The first step in the automation process is understanding your current business […]
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11 Nov 2020Quiz: How Efficient Is Your Accounts Payable Process?
An efficient AP department means streamlined processes, reduced costs, and faster processing time. This short quiz will help you discover how efficient your accounts payable process is, learn key stats from other businesses like yours, and determine if AP automation can optimize your business. 1. How long does it take to process invoices? A. More […]
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04 Aug 2020What is Hyperautomation and How Does It Work?
Named the #1 Strategic Technology Trend of 2020 by Gartner, “hyperautomation” is the tech topic of the year. Businesses in various industries are following this new trend to achieve a true digital transformation. As Gartner put it, we are on “the cusp of moving beyond augmentation that replaces a human capability and into augmentation that […]
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16 Apr 20205 Common RPA Technology Mistakes To Avoid
Robotic process automation (RPA) can play a key role in a successful digital transformation. RPA software enables organizations to offload repetitive tasks to technology that can complete them more efficiently. As a concept that contains both the promise – robots will do all the drudge work! – and the fears – robots will be taking […]
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