“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.
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…
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…
Ensure Business Process Integrity with Workflow Automation & Exception Handling
To optimize efficiency and minimize risk when processing documents, organizations must ensure the accessibility and organization of files before any given process is completed. Missing documents must be quickly identified and resubmitted to continue processing and avoid regulatory headaches, failing audits, and lawsuits. Two examples of document types where this is important include I-9s as…
How Workflow Automation Supports Business Process Improvement
Learn how to implement an effective strategy for business continuity and process improvement by leveraging workflow automation software.
AP Automation: Saving Homebuilders Time, Money & Aggravation
Like many other organizations in various other industries, homebuilders are continuously burdened by paper-based accounts payable (AP) processes. The manual data entry these processes require leads to costly, time-consuming errors that hinder business growth. Fortunately, a solution is right at your fingertips: accounts payable automation. Ivory Homes, a top-rated, Utah-based homebuilder with thousands of…
5 Obstacles You Can Overcome with Intelligent AP Automation
Intelligent accounts payable (AP) automation transforms invoice processing for streamlined, integrated workflows, enhanced risk management, and improved invoice lifecycle. When there is too much document shuffling in your AP processes, you risk more than paper cuts. Paper-bound tasks reduce efficiency, increase errors, raise costs, and leave you with poor visibility into payment status. With AP…
Quiz: How Efficient Is Your Accounts Payable Process?
An efficient AP department means streamlined processes, reduced costs, and faster processing time. This short quiz will help you discover how efficient your accounts payable process is, learn key stats from other businesses like yours, and determine if AP automation can optimize your business. 1. How long does it take to process invoices? A. More…