Tag: efficiency

Business process management (BPM) has been around for decades – but what exactly does it mean? According to Gartner, BPM is “a discipline that uses various methods to discover, model, analyze, measure, improve and optimize business processes.” Unsurprisingly, the most effective business process management methods involve technology that automates and streamlines business processes, resulting in…

Many healthcare providers still use manual processes that are slow and inefficient, often leading to lost invoices and late payments. By implementing an accounts payable automation solution, your healthcare facility can say goodbye to the manual data entry that comes with AP processing.

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…

Have you thought about how paper-based document storage opens up your data to fraud risks and impacts your company’s efficiency? Data from Consolidated Technologies states over 70% of businesses would cease to work within a year if their documents were lost in a natural disaster. While many companies still have thousands of boxes in storage,…

AP automation can help you improve efficiency, reduce costs, and create transparency within your business processes. To make the magic happen, you will need a solid plan that will allow you to analyze your existing processes and put new and improved automated workflows in place. Turning your goals into SMART goals will allow you to…