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…
Learn how to implement an effective strategy for business continuity and process improvement by leveraging workflow automation software.
Like many other organizations in various other industries, homebuilders are continuously burdened by paper-based accounts payable (AP) processes. The manual data entry these processes require leads to costly, time-consuming errors that hinder business growth. Fortunately, a solution is right at your fingertips: accounts payable automation. Ivory Homes, a top-rated, Utah-based homebuilder with thousands of…
Intelligent accounts payable (AP) automation transforms invoice processing for streamlined, integrated workflows, enhanced risk management, and improved invoice lifecycle. When there is too much document shuffling in your AP processes, you risk more than paper cuts. Paper-bound tasks reduce efficiency, increase errors, raise costs, and leave you with poor visibility into payment status. With AP…
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…
You probably don’t enjoy completing manual accounts payable (AP) tasks. But thanks to automation software, you don’t have to. With advanced optical character recognition (OCR) technology, document capture and management software, and electronic form services, organizations can outsource their AP processes to the cloud. You can improve inefficiency, eliminate late payments, and avoid unnecessary risk…
Hyperautomation is the latest tool of digital transformation, combining AI with RPA to advance your current business process automation systems for improved productivity, accuracy, and more.
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…
From Elon Musk’s assertions that robots might rule the world one day to the daily business efficiencies transforming things like data entry and payment processing, there’s a whole world of digital possibilities and promises competing for our money and attention. Not to mention our sleep. If you’re like most people over the age of 11,…