Blog
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01 Mar 2022What Is Government Digital Transformation & How Does It Work?
Digital transformation is not a new concept to government agencies, but their efforts to achieve it are changing. Over the last 20 or so years, the government sector has advanced digitally on many levels – from the early days of e-government initiatives during the dot-com boom to the establishment of digital service teams. But it […]
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05 Jan 2022How Outsourced Services and Technology Help Combat Inflation
Consumer prices continue to surge as inflation accelerates at its fastest pace since 1982. Driven primarily by supply chain issues, labor shortages, and high food costs, it’s likely that households that make less than $40,000 a year will experience severe financial hardship. According to a recent Gallup survey, 45% of U.S. households have already begun […]
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14 Dec 2021Intelligent Automation: A Kofax Automation Benchmark Study
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 […]
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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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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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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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01 Apr 2021AP Automation: Saving Homebuilders Time, Money & Aggravation
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 […]
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17 Dec 20205 Obstacles You Can Overcome with Intelligent AP Automation
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 […]
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20 Nov 2020Live Webinar: The Power of AP Automation for Home Builders
Join MetaSource and Kofax® for a one-hour webinar at 1:00 PM EST on Thursday, Dec. 3 to learn how the right accounts payable (AP) automation solution can solve common challenges for companies in the construction and home builder market. Inefficient AP processes are a common frustration in the construction and home building industry. Extracting data […]
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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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