As businesses from around the world embrace digitization to cut costs and enhance efficiency, most try to leverage the financial and operational benefits offered by accounts payable software. AP software plays a critical role in automating key processes in accounts payable, allowing companies to significantly reduce the time, cost, and errors caused by manual procedures.… Why OCR Alone Isn’t Enough to Optimize AP Processes for Your Business?Continue reading about Why OCR Alone Isn’t Enough to Optimize AP Processes for Your Business?
In an ever-changing business landscape, retail businesses constantly rely on cutting-edge technology to stay ahead of their competition. Retail business workflows are plagued with complex and manual processes for managing seller payments. Not only do these manual processes down business workflow but also incur unnecessary costs during invoice processing. A whitepaper issued by the Institute… Intelligent Invoice Management – What It Changes for Retail BusinessesContinue reading about Intelligent Invoice Management – What It Changes for Retail Businesses
From the onset of Covid-19, businesses had to battle with an unprecedented period of uncertainty. As social restrictions and lockdowns ground the world to a halt, it became difficult to plan things effectively and persist with decisions confidently. Naturally, many managers tried to ride out the storm and wait for things to normalize. However, as… What Does Intelligent Automation Tell Us about the Future of BusinessContinue reading about What Does Intelligent Automation Tell Us about the Future of Business
Digitization is essential to survive in today’s business world. It drives the workforce towards productivity and creativity and helps you optimize your business workflow. Process automation is the building block of this digitization and it helps us automate all aspects of our operations. Despite that, several businesses still rely on manual tasks for crucial business… 7 Things You Should Know About Process Automation and RPAContinue reading about 7 Things You Should Know About Process Automation and RPA
Recently, I created a simple illustration of office automation using orange juice (read it here). My idea was to show a simple picture of automation and job repurpose. Something like “your role changed, but wasn’t eliminated” stuff because I know companies that expanded their businesses without firing people. For those businesses, automating some processes allowed them… Office Automation and Orange Juice?Continue reading about Office Automation and Orange Juice?
Pretty scary, huh? Especially if you picture a sci-fi movie, where machines, commanded by a powerful auto-managed software intelligence, undermine humans and make the survivors their slaves. But let’s throw in some facts here. It all starts with Digital Transformation. Seriously. Why? Because of the wrong emphasis. I mentioned a couple of weeks ago, companies… The Bots are taking over!Continue reading about The Bots are taking over!
There was a time when people had to buy the newspaper (news on paper, literally), find the jobs session, and browse through it to find an advertised open role. If found, they had to mail their resume to apply or go to the employer’s location to drop their resume off. Then, there came the Internet,… Is Artificial Intelligence the villain here?Continue reading about Is Artificial Intelligence the villain here?
In today’s fast-changing market, digital transformation and data-driven initiatives are the only ways to stay relevant. However, despite the persistent push for change, most companies fail to benefit from these initiatives. According to a study by Everest Group, almost 73% of companies fail to gain any business value from digital transformation. 78% among them did not… What Is Context-Driven Productivity? Everything You Need to Know Data-Enabled EfficiencyContinue reading about What Is Context-Driven Productivity? Everything You Need to Know Data-Enabled Efficiency
Value-Based Care is a specialized care delivery model where healthcare providers are rewarded based on the health outcomes of their patients. Under this model, providers are given financial incentives to improve patient health, minimize the effects and occurrence of chronic diseases. This encourages providers to help their patients live healthy lives in an evidence-based approach.… The Role of Referral Management in Value-Based Health CareContinue reading about The Role of Referral Management in Value-Based Health Care
2020 has been a challenging year for most businesses and industries. The impact of COVID-19 has not just affected the enterprise, but also across the financial supply chain. In a recent report released together by Ardent Partners and Process Fusion, they found that 58% of organizations had been extraordinarily or significantly impacted by the pandemic,… The Impact of COVID-19 on Accounts Payable in 2020Continue reading about The Impact of COVID-19 on Accounts Payable in 2020