The significance of on-time payment hardly needs to be pointed out, but the role automated Accounts Payable (AP) systems play is often overlooked. An unreliable AP system can cause payments to be missed. With new UK measures set to severely punished late payments to SMEs, it is more important than ever large enterprises invest in an AP system they can trust.
An immense amount of business data is gathered over time and stored for retrieval whenever necessary. As more data gathers, it gets scattered across multiple locations, creating Information Silos and damaging key aspects like efficiency and productivity. But breaking these Information Silos down can actually boost these aspects – and Intelligent Information Management makes it easy.
Only a year ago, the long-awaited arrival of the European Union’s stringent GDPR final ended, and the business world would never be the same again. But now than the dust has settled, has the expected dramatic shake-up to data protection actually happened? And has GDPR compliance really brought improvements to your business and your customers?
Spring is often recognised as a season of change. Cold weather is replaced by warmer temperatures and homes are spring-cleaned. But an office can benefit from a spring clean too, with a build-up of documents and files cramping workspace. A dedicated off-site document storage service can help remove this clutter from your office and vastly improve the working conditions for your staff.
Investing in a Document Management system makes a lot of sense for large companies whose administrative loads are notably heavy. But what about small businesses? DM systems can be just as beneficial to them, with several areas of the bottom line achieving boosts that are just as impressive and valuable.
On April 1st, a new regulation comes into effect, changing how VAT-registered businesses manage their taxes and make their tax returns to HMRC. Making Tax Digital (or MTD) for VAT promises to make life easier for everyone, but do you understand what changes are on the offing?
February is a month where ‘relationships’ have a special focus. But while most of us worry about weekend breaks and roses, our relationship with work shouldn’t be forgotten, not least with our working environment. Loving your digital office by getting the adoption right, can lead to working bliss.
It’s already widely accepted that paper-based processing procedures are too slow, too labour intensive and ultimately too costly. The modern business world demands greater efficiency in every department – and there are no signs of this trend relenting. So, making 2019 the year of the paperless Accounts Payable department could be the most critical investment your business makes.
No-one disagrees that traditional manual document storage options are too slow-moving to satisfy modern administrative demands. The need for quick access to data means in-house box and cabinet storage have become largely irrelevant. But managed document storage services offer a time-saving and space-saving alternative that businesses can benefit from.
It is now 6 months since the EU’s new data protection measures, the General Data Protection Regulation (GDPR), finally came into effect. But although May 25th had long been known as the deadline, there are still companies out there who are not yet fully GDPR complaint – and authorities are beginning to take action. However, if you are one of these companies, don’t worry, you still have time to get things right.