Blog

  • Why Debt Relief Companies Are Leveraging Automation
    03 Mar 2022 Colin Graf

    Why Debt Relief Companies Are Leveraging Automation

    It’s no secret that Americans are going through a debt crisis. In the last quarter of 2021, U.S. credit card debt increased by $52 billion, reaching $860 billion. The Federal Reserve Bank of New York’s household debt and credit report shows that this rise marked the largest quarterly increase in 22 years. And the debt […]

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  • How Outsourced Services and Technology Help Combat Inflation
    05 Jan 2022 Colin Graf

    How 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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  • Intelligent Automation: A Kofax Automation Benchmark Study
    14 Dec 2021 Colin Graf

    Intelligent 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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  • Streamline Claims Processing with a Digital Mailroom Solution for Insurance Companies
    30 Nov 2021 Colin Graf

    Streamline Claims Processing with a Digital Mailroom Solution for Insurance Companies

    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 […]

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  • “The Great Resignation”: How to Overcome it with Technology
    19 Oct 2021 Colin Graf

    “The Great Resignation”: How to Overcome it with Technology

    Pandemics change human societies on many levels. COVID-19 dramatically restructured the work model that had been around since the start of the industrial revolution. During the past year and a half, workers’ expectations have evolved. And, according to a new Bankrate Survey, it’s this shift in mindset that has over half of Americans planning to […]

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  • Important Lessons for Debt Relief Company Success
    13 Oct 2021 Colin Graf

    Important Lessons for Debt Relief Company Success

    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 […]

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  • What is Workflow Automation? Getting Started in 4 Easy Steps
    29 Sep 2021 Colin Graf

    What 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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  • How to Improve Business Efficiency and Run a Leaner Organization
    05 Aug 2021 Colin Graf

    How to Improve Business Efficiency and Run a Leaner Organization

    As your business grows, sometimes it feels like you don’t have quite enough help. Departments have multiplied and so has the number of employees within them. Processes that used to be simple now take way too long from start to finish. Inefficiency in your company processes could be costing your business every year. A Deloitte […]

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  • AP Automation Is Helping Companies Cut Costs and Avoid the Heightened Risk of Fraud
    29 Jun 2021 Colin Graf

    AP 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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  • 4 Ways to Lower Operational Costs and Increase Efficiency
    22 Jun 2021 Colin Graf

    4 Ways to Lower Operational Costs and Increase Efficiency

    It’s important to look at the everyday processes within your firm that could be slowing your company down and decreasing revenue. Even small snags in timing on a day-to-day basis can cost significant amounts in lost revenue. In fact, according to the IDC market research firm, corporate revenues decrease by 20 to 30 percent each […]

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