Congratulations! You’ve made the smart decision to eliminate invoices and streamline the receipt of your mail and email with a digital mailroom. As soon as it’s all in place, you’ll quickly start to enjoy increased efficiency and the ability to reallocate space and staff hours that were previously being wasted on managing incoming paper and…
You recently decided to go digital and end your company’s reliance on paper. You’ve already done some homework – you know the benefits, have performed some initial due diligence, and have drafted a preliminary blueprint of your digital journey. The decision is made, so let’s get started! Easy, right? Truth is, deciding to go paperless…
If you’re looking for a solution to alleviate financial issues caused by manual processing, AP automation is the way to go. Automating your accounts payable process can help you increase efficiency, improve accountability, and simplify compliance, all while saving your company time and money—and these are just a few of the benefits. As you eliminate…
How to Choose the Right Lab Notebook Scanning Solution Managing notes and raw data throughout an R&D program is a daunting but critical responsibility. R&D data can take many forms: spreadsheets, memos, experimental write-ups, drawings, specialty documents like ECGs, and most commonly, handwritten lab notebooks. Whatever the form, it’s your intellectual property (IP) and it’s…
You’ve been here before—sitting in your restaurant’s back office, looking at a pile of paid invoices. You’ll need to keep those receipts for at least seven years in case you get audited, and you may need some of them to settle payment disputes with your vendors down the line. But for right now, they’re dead…
As a manager, you know better than anyone that time is money, efficiency is the name of the game, and all those other clichés about digitizing being the wave of the future. So why is your team still handling accounts payable with the same old paper-heavy processes? You’ve probably heard of AP automation software, but…
The world’s biggest banks are pushing back against the industry-disrupting competition from online financial startups with billions of dollars of investments in digital technology, Bloomberg reports. Earlier this year, Spain’s Banco Santander SA announced plans to spend $22 billion over the next four years to stay competitive. In the U.S. J.P. Morgan Chase & Co….
There is a lot of hype surrounding the results of RPA (robotic process automation), which is a way to automate manual, repetitive processes in your business. When the application is implemented properly, for the right processes, businesses can gain enormous efficiencies. The best-case scenario for RPA gets even non-technical people excited about an application that…
Workflow automation can help you streamline your business processes and reduce costs, and if you’re new to automation, accounts payable is a great place to start. Besides expediting the review, approval and payment process automation eliminates the risk of data entry errors and reduces the accidental loss of data and documentation. But just as importantly,…