Digital transformation has become crucial for companies that want to stay competitive in the coming years. According to McKinsey, companies that undergo a digital transformation and digitize their business processes are 20-50% more likely to generate economic gains. In fact, Gartner estimates that by 2025, over 80% of organizations will shift their paper-based data centers…
Insurance companies manage daunting amounts of paper mail daily, such as claims, checks, grievances and appeals (G&A), and enrollment forms. Mail needs to be opened, sorted, and sent to the appropriate department or person so processing can begin and can be incredibly time-consuming if done manually. This leads to slow turnaround times and can also…
Many organizations have embraced remote and hybrid workstyles as a result of the COVID-19 pandemic. While remote work structures can lead to increased productivity, they can also lead to increased cyber risk. Since 2019, ransomware attacks have risen by 62% worldwide, and by a staggering 158% in North America alone, according to cybersecurity firm SonicWall’s…
Put your staff retention and hiring troubles behind you. Learn how to navigate “The Great Resignation” with the right technology solutions.
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…
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…
Learn how converting employee applications into e-forms can improve your hiring process, reduce paper, improve efficiency, and reduce costs.
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…
Thinking about moving to a new office soon? While a new office is exciting, unexpected costs could lead to the move going over budget. According to commercial real estate firm AQUILA, a 5,000 square foot office can cost $5,000 to $7,000 dollars to move, but there are a number of variables including, how far you’re…