Working Remotely with Accounts Payable: 8 Features Every Organization Needs

As countries across the world adopt social distancing measures, businesses are implementing remote work policies to stay functional. People can longer work side by side, and thus, have to rely on remote solutions to carry out their jobs. To resolve this, companies are transforming their offices into digital workplaces. Accounts Payable is one of those… Continue reading Working Remotely with Accounts Payable: 8 Features Every Organization Needs Continue reading about Working Remotely with Accounts Payable: 8 Features Every Organization Needs

The Role of Digital Mailroom Automation in Accounts Payable

The company mailroom has traditionally been one of the most chaotic departments in an organization. With packages and envelopes flooding in now and then, it has always been full of manual activity and, thus, prone to errors. These traditional systems drained resources quickly in terms of staff, time, and cost. This is why companies today… Continue reading The Role of Digital Mailroom Automation in Accounts Payable Continue reading about The Role of Digital Mailroom Automation in Accounts Payable

Top 7 Challenges of AP Processing in 2022 & How to Overcome Them

The accounts payable department is a critical component of any organization that controls the day-to-day business operations. It is responsible for managing cash flow, providing security against fraud, and maintaining vendor relationships. However, inherent challenges in accounts payable cause unwarranted disruptions in the company workflow, delaying payment, and the collection of outstanding receipts. In this… Continue reading Top 7 Challenges of AP Processing in 2022 & How to Overcome Them Continue reading about Top 7 Challenges of AP Processing in 2022 & How to Overcome Them

Upcoming Accounts Payable Trends in 2021 – What You Need to Be Ready for

Innovations in technology make disruptive changes to the business landscape. By incorporating automation and adopting cutting-edge solutions, organizations can accelerate their business processes and earn greater profits. Unsurprisingly, 70% of organizations prioritize digital transformation initiatives, as the adoption of new technology is often a catalyst for growth. Likewise, the Accounts Payable industry is adopting disrupting… Continue reading Upcoming Accounts Payable Trends in 2021 – What You Need to Be Ready for Continue reading about Upcoming Accounts Payable Trends in 2021 – What You Need to Be Ready for

End-to-End Business Process Automation: 3 Steps You Must Take

Making most of the business capital is necessary for your company’s growth. Without accelerating and optimizing daily tasks, making most of your resources is not easy. Business process automation allows you to automate repetitive tasks and make your workforce productive. Whether it’s expense filing, equipment provisioning, or onboarding, business process automation allows companies to improve… Continue reading End-to-End Business Process Automation: 3 Steps You Must Take Continue reading about End-to-End Business Process Automation: 3 Steps You Must Take

Why Accounts Payable Automation Is Necessary for an Optimized Workflow in 2021

Accounts payable plays a critical part in day-to-day business operations. It has a direct impact on cash flow management, maintains vendor relationships, and provides security against fraud. However, from receipt to payment, several account processes require manual intervention. Manual AP processes limit teams from using their time optimally and restrict them to bill payments or… Continue reading Why Accounts Payable Automation Is Necessary for an Optimized Workflow in 2021 Continue reading about Why Accounts Payable Automation Is Necessary for an Optimized Workflow in 2021

5 Key AP Automation Trends You Can Expect Post COVID-19

The COVID-19 pandemic is influencing individuals and businesses in many ways. However, one of the greatest impacts of the pandemic has been on ensuring payments and maintaining cash flows more effectively. Although maintaining the flow of money has always been critical, in a time of financial uncertainty, it becomes even more important. According to IDC,… Continue reading 5 Key AP Automation Trends You Can Expect Post COVID-19 Continue reading about 5 Key AP Automation Trends You Can Expect Post COVID-19

Thinking in New Dimensions – 8 Benefits of Multichannel Capture

The dynamics of business are changing rapidly. To keep up with this change, we must extend our processes beyond traditional roles and create a comprehensive system for remote workers, external partners, as well as multi-channel support. Businesses receive data from multiple sources ranging from network file folders, website forms, fax, email, database print streams, and… Continue reading Thinking in New Dimensions – 8 Benefits of Multichannel Capture Continue reading about Thinking in New Dimensions – 8 Benefits of Multichannel Capture

Cognitive Document Automation: It’s Not Just About OCR

Optical Character Recognition (OCR) makes a constant appearance in technologies aimed at automating manual processes. It converts printed text to a readable digital format and helps us retrieve every scanned image instantly. In ATMs, it reads the text of checks and tells the machine the amount it must deposit, regardless of how terrible the handwriting… Continue reading Cognitive Document Automation: It’s Not Just About OCR Continue reading about Cognitive Document Automation: It’s Not Just About OCR