Virtually every company relies on selling. Whether products or services - and sometimes both - purchase payments are the lifeblood that keeps business pumping. But what is often overlooked is how important back-end activities are to business growth and success. Accounting departments oversee purchasing responsibilities, and without efficient, accurate bookkeeping, business would not survive. If collections weren't accurately recorded, it would look like they never happened at all. The key to creating a productive Accounting department is to develop a strategy that allows staff to route, track and review business-critical data easily, efficiently, and with minimal resources.
According to PricewaterhouseCoopers, 76% of business executives invest in IT solutions, like Enterprise Content Management (ECM) software, with the mindset of increasing revenue. While the software itself will give any company advantages in productivity and cost-savings, in order to fully experience the benefits of ECM software, users will have to invest time into training and implementing the right resources. All this and more requires the right ECM solutions partner to help guide your organization to success.
As technology continues to rapidly evolve, document management is without question one of the top considerations for business growth. But the real question is which document management partner is the right one for you? When looking for a document management solutions partner that will open the door to new opportunities, there are three must-have qualities to consider. The following considerations will not only ensure successful solution implementation, but will end up being the “triple threat” in your organizations long-term success:
Every organization deals with paperwork, which is constantly slowing down the flow of business information and productivity. We all know that by implementing document management software, companies can become paperless by scanning, storing and retrieving documents for streamlined processing. Unfortunately, for some organizations, a simple document management storage and retrieval solution just isn’t enough. While the basics of a document management system are essential to any organization, imagine the opportunities when given the ability to also capture, extract and share critical information, while automating and routing documents and their data.
Topics: ROI, Compliance, Document Management Software, Digital Storage, Efficiency, Automation, Document Workflow, Integration, Collaboration, Mobile Document Management, OCR, Productivity, Enterprise Content Management, Legal Industry, Capture
According to AIIM research, the number and types of incoming business documents that must be managed is accelerating, causing data capture to be a key challenge in organizations today. For 67% of survey respondents, half or more of their main processes involve connecting multi-channel inbound content to one managed process. From shipping information to employee demographics, finances and more, the data we collect on a daily basis is widespread and often lacks structure. Even with a basic scanning process in place, capturing and processing this data can cause tremendous strain on administrative staff.
In today's increasingly competitive world, it’s essential to measure daily productivity. To keep pace, your business needs to run as efficiently as possible, especially when time and resources are limited. It is up to you to take advantage of the ideal opportunity to work smarter, not harder.
Speed and accuracy are differentiators in today's increasingly information-intensive world. Because of this, document capture has transformed into so much more than just scanning documents. Today, document capture capabilities have become complex, surpassing simple process automation and standard workflow actions. The fundamental shift in document capture has led to businesses incorporating it in their daily processes.
Now that the NFL season is in full swing, fantasy football platforms like DraftKings and FanDuel are once again flooding the advertising scene. Annoying? You bet. But these fantasy juggernauts continue to break records, with over 4 million entries each week, and the numbers steadily grow every year.
From gymnastics, to volleyball, track and swimming, every four years the entire world comes together to watch their favorite sports in the biggest event of the summer – the Olympics. This year, the entire city of Rio de Janeiro was revamped with new tram lines and plazas to make for an inviting Olympic atmosphere that displayed the games in the most enjoyable way. It was up to Brazil to make the Summer Olympics a success, and with over 27.5 million viewers, the Rio games take the Silver medal, ranking No. 2 in viewership behind London 2012.
Another school year is about to begin as students across the nation are back to school shopping and stocking up on their classroom essentials. Meanwhile their teachers are managing the administrative side of welcoming new students, each with records to be securely filed, yet easily accessible for future grading, notes and revisions.