Our blog covers Document Automation tips, productivity hacks, and lessons learned from serving clients from multiple industries.
Mortgage industry has to deal with massive piles of documents for making verification checks and clearing loan approval. On the flip side, the age old document solutions (manual keying, OCRs…) aren’t enough to comprehend existing needs. The blog focuses on the process of mortgage, the documents used, documentation challenges, and intelligent document processing as a solution for mortgage document automation.
June 24, 2022
Accounts payable is responsible for all the major heavy-lifting for cost organization. Yet, they often get excluded in being a strategic partner considering the amount of documents processed by them manually. Manual processing adds a lot of time and cognitive overload over the AP department leading them to constantly be overburdened with work. In this blog, we’ll discuss AP automation via IDP and how it can drastically help in reducing turnaround time, optimize the process, and save cost.
June 24, 2022
Invoice data capture is a repetitive process dealt by Accounts Payable (AP) in manufacturing which consumes ample time. To mitigate this issue, automation solutions can be chosen to reduce time and cost in processing invoices from various sources. The blog focuses on the traditional practices & their limitations along with automation using an IDP platform.
June 24, 2022
Manufacturing deals with a wide range of use cases in relation to document processing. Considering manual processing, the amount of time incurred to complete these processing can be mammoth in comparison to an intelligent document automation solution. Learn about the different IDP use cases that can be automated using an IDP.
June 24, 2022
Suppliers and other small businesses supporting a large organization are often at disadvantage because of payment terms. To rescue them, invoice factoring companies provide them with advance payments on their termed invoice by purchasing these invoices at discounted prices. With the growing demand for factoring, the task of handling factor invoices is bound to become difficult. Learn how IDP can resolve the problem?
June 24, 2022
With the transformation of retail to ecommerce platforms and changing offline shopping experience, it is essential the industry takes a step towards automation. With automation, retail would be able to handle numerous internal document processes without missing deadlines, primarily focusing on improving customer experience. This blog will focus on the rising need of automation and an effective solution to automate document processing needs.
June 24, 2022
Retail being a torch bearer in adopting modern-day technologies often lags internally in productivity due to manual document processing by the AP department. With accounts payable automation, the overhead due to manual processing can be mitigated and AP departments can meet its supplier and vendor payment deadlines effectively.
June 24, 2022
Finance controllers play an important role in maintaining the overall internal finances of a company and preventing revenue leakages. A much worse adversary is manual document processing that adds due time to the financial operations. Learn how an IDP can aid finance controllers to smoothen the operations and automate manual document processing?
June 24, 2022
Manual invoice processing can be very cost intensive. In addition, the cost of retrieving a lost invoice can be more than invoice generation. In this scenario, invoice automation is the best possible solution to optimize cost of invoice processing and avoid issues like lost invoice, duplicate invoice, double payment, etc.
June 24, 2022
![AI-based Invoice Capture Software - Liberate AP Teams for Higher Productivity[Logistics]](https://cdn.prod.website-files.com/62a9e41d28a7ab25849bce9c/630624b07f127e0fcc4cf462_Invoice-Capture-Software-for-Logistics--What-is-it-and-How-it-Benefits-your-Business.jpg)
Accounts departments are always overloaded with processing different types of invoices having unstructured data. With automation via an invoice capture software, the accounts teams will not only be able to reduce cognitive overload but meet deadlines for invoice processing as well. Want to learn about all the benefits? Read ahead…
June 24, 2022
