Looking to make some changes within your organization to boost your efficiency but unsure where to start? While most organizations have plenty of areas that could use a little streamlining, we often recommend narrowing things down by evaluating your reliance on paper. Business processes that rely on paper documents are slow and prone to bottlenecks,…
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…
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…
Few moves better calibrate a company to the speed of modern business than transitioning to an outsourced, off-site digital mailroom. They eliminate bottlenecks and better utilize resources while making paper and electronic mail receipt and routing more efficient. Businesses using them through third-party digital mailroom partners put themselves in position to be more competitive and,…
Invoice processing automation has been around for years yet almost 50% of organizations still process paper invoices manually. Why do they continue to accept lost invoices, missed early payment discounts and a lack of management visibility into the efficiency of this critical business process? Many believe that invoice processing automation is too complex and too…
According to the whitepaper Automating AP/AR Financial Processes published by the Association for Information and Image Management (AIIM), accounts payable continues to be an inefficient cost center for companies where, “leaving money on the table from missed discounts or disputed transactions, and slow collection can put huge pressure on cash flows.” To alleviate these issues,…
While outsourcing document scanning and cloud document management have transformed the way organizations of all sizes and industries manage their critical business documents, good old-fashioned “do it yourself” solutions can still make a lot of sense—especially considering how cost-effective and easy both hardware and software are now to operate, even for knowledge workers that lack computer-savvy….