Before automating your business processes, it’s important to identify the most meaningful metrics so that you can measure and analyze the results. Why do you need to choose accounts payable metrics to measure before starting with automation? Because without having data on your old processes, you won’t be able to determine the effectiveness of your…
According to the the Institute for Robotic Process Automation & Artificial Intelligence (IRPA AI), the term “robotic process automation” (RPA) means, “the application of technology that allows employees in a company to configure computer software or a ‘robot’ to capture and interpret existing applications for processing a transaction, manipulating data, triggering responses and communicating with other digital systems.”
Document scanning and workflow automation can mean big things for your business. With manual processes, you’ll always be at the whims of human error and forced to deal with slow reaction times or unobservant employees. Automate your process, on the other hand, and you’ll be more flexible, more accountable and more responsive to the speed…
Here at MetaSource, we’re all about fostering collaboration with workflow automation, document management and document capture software. However, software tools of this nature only work if you use them to work together with a well functioning team. How well does your team function? Do you have any of these problems? Absence of Trust: fear of…
The more successful a business is, the busier the mailroom. As more mail comes in, things can get chaotic. It doesn’t really matter what comes in; invoices, grievances, employment applications, orders and anything else paper-based coming into your business can be a burden. This is where mail scanning services come in. There are many ways…
Can you name the top two workflow automation applications? You probably already knew that it’s AP invoice processing and HR new employee on-boarding. Streamlining and automating AP and HR can cut 60-90% of labor out of these processes, allowing you to handle increasing volumes without adding headcount. That was the easy part… Now, the devil’s…
The “Let’s Learn” series helps make navigating document scanning and document management space a little easier so you can get the best solution for your business challenge. What is workflow automation? Workflow automation, which can also be referred to as business process automation, is automating and streamlining paper based business processes to improve efficiency, reduce…
Invoice processing automation has been around for years yet almost 50% of organizations still process paper invoices manually. Why do they continue to accept lost invoices, missed early payment discounts and a lack of management visibility into the efficiency of this critical business process? Many believe that invoice processing automation is too complex and too…
According to the whitepaper Automating AP/AR Financial Processes published by the Association for Information and Image Management (AIIM), accounts payable continues to be an inefficient cost center for companies where, “leaving money on the table from missed discounts or disputed transactions, and slow collection can put huge pressure on cash flows.” To alleviate these issues,…