Breaking Down Data Silos: Unleashing the Power of Microsoft Dataverse
In the digital age, data is the new currency, and organizations are sitting on vast treasure troves of information. However, a common and significant problem plagues many of them – data silos. These silos hinder collaboration, efficiency, and decision-making, often leading to missed opportunities and costly mistakes. To understand the problem better, let’s begin with […]
3 Must-Have Solutions for Automated Invoice Processing
The volume of information that must be managed every day is increasing at an alarming rate. According to a study by AIIM, 7.5% of business documents get lost, with professionals spending up to 50% of their time on average looking for the right information. Organizations that rely on manual labor for information management are at […]
5 Steps to Achieve Regulatory Compliance with Document Management Software
Preparing for an audit can be time consuming and stressful. With fines upwards of $1 million dollars, failing an audit puts your business at risk both legally and financially. Prepare your organization and get ahead of the game with a document management solution! Document management software stores all your business-critical documents in a single and […]
The Life of an Invoice With Document Management Software
According to AIIM, 52% of survey respondents say their invoice management processes take at least three days – some up to as many as 25 days – when using manual solutions. Implementing a document management solution within your organization allows you to process an invoice in a matter of minutes by automating and accelerating the routing, […]
Document Capture Automation: A Gateway To Digital Transformation
According to AIIM research, 43% of respondents say removal of paper from processes should be a constant objective. So why not start where paper processes meet digital efficiency – at the scanner. Whether you’re scanning from a multi-function device or a production scanner, having a universal point of entry for documents makes solving common business pain points […]
Improve Your Business: 4 Benefits of Accounts Payable Automation
Accounts Payable (AP) is arguably one of the most critical departments of any company, regardless of industry. Accounts Payable processes often involve paper-intensive tasks including invoice processing, three-way matching and the overall management of payment records. Working with paper-based files and invoices can cause AP employees to capture data inefficiently and incorrectly. Paper records can […]
The Paperless Alternative: Document Management Best Practices
As businesses move towards automated document management and begin to adopt software to remedy their paper-based problems, many will initially feel overwhelmed or discouraged. With many years of paper-based processes, businesses often feel that going against the grain may be too difficult of an undertaking. However, taking the first steps toward automated document management comes in […]