Staffing is one of the biggest challenges for companies nowadays. The tight labor market and other factors, businesses often don’t have enough staff to process all of their accounts payable (AP) paperwork. Outsourcing AP is a wise business decision that saves money, reduces manual error rates, and frees up staff to work on other mission-critical […]
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Incorporating software into your accounts payable (AP) processing should increase your office productivity—in theory. After all, the software can automate many manual processes and time-consuming tasks that would ordinarily require a human being to perform. However, it’s not as easy as subscribing to accounts payable software service and watching the efficiencies and savings roll in.
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Accounts payable outsourcing can help take the pressure off overstretched staff, but many managers still worry about privacy, control, and integration issues. Home or Away? Seven AP Outsourcing Myths Considered Good accounting staff can be hard to find, especially these days. Many business owners and managers are looking to outsource accounts payable (AP) functions to
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Most businesses today spend millions of dollars each year managing and processing their data. Companies are often sitting on a goldmine of information with little way to process it and access the wealth of insights it has to offer. Intelligent document processing gives these companies a way to streamline various operations and cut costs on
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Document scanning allows large organizations to maintain an organized and paperless office. Less clutter, increased accountability, and improved data security are just a few of the many reasons why many big companies and government institutions are making the switch to a digital work environment. ICR and OCR are two technologies that are integral in the
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Mailroom outsourcing for a hybrid work environment is essential to smooth operations. Over the past few years, hybrid work environments have become commonplace throughout the public and private sectors. Executives of these companies and organizations have realized and taken advantage of the many benefits of a partial or fully remote workforce. However, having some of
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Indexing is an essential component of any document scanning project. It will allow you to search through all of your digitized files to quickly locate data such as names, invoices, or any number of criteria. Without it, you’re stuck manually combing through hundreds of thousands or even millions of digitized documents when you want to
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What is Document Indexing? Since COVID-19 began to change the face of the average workplace, a huge spotlight has shone on converting paper documents to digital files. Document Indexing provides the means to search for and retrieve documents in a digital format. In this process, you can tag search terms or phrases to facilitate faster
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In 1934, President Franklin D. Roosevelt created The National Archives and Records Administration (NARA). He tasked them with the maintenance and protection of significant historical records and documents of the Federal Government. Over the next 86 years, NARA accumulated an estimated 10 billion pages of textual records, charts, photos, and other important documents. The maintenance
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