An effective digital transformation strategy is a catalyst for business growth and allows organizations to make most of the cutting-edge technological innovations. With technology disrupting most traditional business models, organizations need to invest more than ever to stay relevant in a fiercely competitive market. Unsurprisingly, enterprise spending on digital transformation was $2 trillion in 2019 alone. Continue reading about Intelligent Data Capture – Why Is It a Key Element of Digital Transformation Strategy
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,… Continue reading The Impact of COVID-19 on Accounts Payable in 2020 Continue reading about The Impact of COVID-19 on Accounts Payable in 2020
Process Fusion continues to expand its compliance posture for Software-as-a-Service and Managed Services offerings with the System and Organization Controls (SOC) Suite of Services. As a digital process automation cloud platform provider, Process Fusion has successfully completed the 2021 Service Organizational Control (“SOC”) 2 Type 2 audit. SOC 2 is developed by the American Institute… Continue reading Process Fusion Expands to SOC 2 Type 2 Compliance Continue reading about Process Fusion Expands to SOC 2 Type 2 Compliance
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 Account Payable Trends in 2020 – What You Need to Be Ready for Continue reading about Upcoming Account Payable Trends in 2020 – What You Need to Be Ready for
Accounts payable plays a critical part of 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 accounts 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 2020 Continue reading about Why Accounts Payable Automation Is Necessary for an Optimized Workflow in 2020