Bruce Dorris, the President and CEO of the Association of Certified Fraud Examiners (ACFE) is calling the coronavirus pandemic a “perfect storm for fraud.” An ACFE survey following the 2008 financial crisis found 80% of those surveyed believed fraud increases in times of economic stress. Even before the coronavirus pandemic triggered the recession, companies were…
Grievances and appeals—common to industries such as insurance and healthcare—are heavily regulated by both federal and state laws. That means it’s extremely important that their receipt, decision, and resolution process are continuously tracked and reviewed in order to remain in compliance. Delays along the way provide a poor customer experience, and gaps or errors in…
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…
Healthcare regulations continue to grow stricter year over year, turning the stress way up for companies like yours that deal with protected healthcare information (PHI). Adhering to an ever-growing list of tough rules and restrictions forces you and your employees to constantly be on alert, because if you’re not careful to meet compliance standards, you…
Staying compliant in an HR department is a big job. It means that on top of managing the workplace needs of your employees, you’re also navigating the constantly changing compliance requirements that protect those employees’ sensitive information. We’re here to reassure you that if compliance feels like a huge weight on your shoulders, you’re not…
Workflow automation and document management software can mean great things for your organization’s regulatory compliance practices. You’ll enjoy greater business process controls, greater accountability and greater reporting to help you meet compliance requirements. This is about more than extra help in the case of an audit: these benefits will change the way your business runs…
If your company operates in a regulated industry like healthcare insurance, chances are you have a busy mailroom – with limited time to respond to incoming grievances and appeals (G&A) in a compliant manner. It can be tempting to hire more people to handle the load, but adding more staff members to the process is…