AP automation speeds up invoice processing and allows companies to handle a higher volume of documents than would otherwise be possible. But beyond speed and volume improvements, accounts payable automation also provides benefits in other areas that positively impact a business’ bottom line. If your AP department is struggling due to problems like high processing…
Deciding to digitize incoming invoices and automate invoice processing is a smart choice that can significantly benefit your organization, especially if you regularly process a high volume of invoices or have multiple locations that make efficient processing difficult. Invoice scanning allows you to quickly and securely access important AP documents from your computer or mobile…
Is your organization constantly buried in paperwork and bogged down when processes get stuck? Now’s the time to make a change. Automating your business processes will give your company a competitive advantage by saving you time and money and allowing you to more nimbly adapt to a changing business landscape. Broken processes come in all…
For companies in the lower middle market (LMM) when it comes time to make process improvements, the accounts payable department is an easy target. Why? Because between the high volume of documents and the lack of efficiency due to never-ending manual processing, inefficient AP processes drain both your capital and your employees. Without AP automation,…
Workflow automation streamlines your manual business processes to reduce inefficiency, provide transparency, and lower costs to generate greater ROI. But while automation is a reliable, short-term implementation that can lead to long-term results, it’s not a magic pill to fix what ails your business. That’s why we always recommend starting small as you introduce automation…
Onboarding a large number of employees in a compressed timeframe can be a nightmare. Some applicants are new and some may be returning employees, requiring you to know the difference between the two, to match those returning with their existing records and run new employees through the entire on-boarding process—fast and without mistakes. It’s the…
Before automating your business processes, it’s important to identify the most meaningful metrics so that you can measure and analyze the results. Why do you need to choose accounts payable metrics to measure before starting with automation? Because without having data on your old processes, you won’t be able to determine the effectiveness of your…
According to the the Institute for Robotic Process Automation & Artificial Intelligence (IRPA AI), the term “robotic process automation” (RPA) means, “the application of technology that allows employees in a company to configure computer software or a ‘robot’ to capture and interpret existing applications for processing a transaction, manipulating data, triggering responses and communicating with other digital systems.”
Document scanning and workflow automation can mean big things for your business. With manual processes, you’ll always be at the whims of human error and forced to deal with slow reaction times or unobservant employees. Automate your process, on the other hand, and you’ll be more flexible, more accountable and more responsive to the speed…
Here at MetaSource, we’re all about fostering collaboration with workflow automation, document management and document capture software. However, software tools of this nature only work if you use them to work together with a well functioning team. How well does your team function? Do you have any of these problems? Absence of Trust: fear of…