How Outsourced Services and Technology Help Combat Inflation
Learn how workflow automation and business process outsourcing services can help your business reduce costs as inflation increases.
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…
Cybersecurity Best Practices for the Remote Office
Many organizations have embraced remote and hybrid workstyles as a result of the COVID-19 pandemic. While remote work structures can lead to increased productivity, they can also lead to increased cyber risk. Since 2019, ransomware attacks have risen by 62% worldwide, and by a staggering 158% in North America alone, according to cybersecurity firm SonicWall’s…
“The Great Resignation”: How to Overcome it with Technology
Put your staff retention and hiring troubles behind you. Learn how to navigate “The Great Resignation” with the right technology solutions.
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…
Which Level of Workflow Automation Software Is Right for You?
As of 2020, a Statista study found the primary reasons for digital transformation in organizations worldwide were due to improved earnings (19%) and customer demand (26%). This means even smaller businesses can experience impressive productivity gains with partial automation of their paper-based business processes. While many rave about the power of workflow automation, the first…
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…
Why Document Management Software and Cloud Collaboration Are Beneficial for Your Business
Cloud platforms promote real-time collaboration, offer fast and easy scalability, and provide a stable, centralized repository for documents, and more. Now that remote work is part of the new normal for businesses, cloud-based collaboration on digital platforms, along with cloud-based file storage, have become necessary tools to maintain business continuity, communication, and productivity within teams….
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…
Active vs. Archival Document Management
Organizations seeking improved control, efficiency and profitability of their paper-based business processes often have their documents scanned and utilize document management software for centralized file storage, access, search and retrieval. While this can add great value, even more value can be realized from processing your active documents with workflow automation and document management software. Why…