In the midst of the COVID-19 global pandemic, businesses have been forced to face challenges that would not normally have appeared as key challenges. One such area is Control and Visibility, with procedures now largely being operated through remote working. But through AP Automation, these are elements that are already greatly enhanced.
Today’s working office is a place where technological and traditional methods are expected to work in harmony. Yet, some remain satisfied with paper documents in a filing cabinet. But the twin obligations of document management and data protection has made Cloud storage a necessity rather than a luxury.
With the ongoing COVID-19 lockdown restricting travel to work as well as everywhere else, the requirement on businesses to have employees work from home places pressure on productivity. It is especially true for Accounts Payable departments, but AP Automation offers Cloud-based solutions in these strange times.
Through the decades, technology has provided a major boon to businesses and how they operate. From photocopiers to management apps, each generation has helped to fine-tune business processes. But digitally capturing your documents – Document Digitisation – remains much more than just a neat tech trick. Here are 8 of the main benefits of digitally capturing documents and data can offer when complementing your business process.
Expanding your business is an understandable ambition, but there is a consequential challenge to keep things running smoothly. Documentation builds up, processes come under pressure and project teams can feel the strain. Effective collaboration is the secret to overcoming such challenges, and AP Automation the key that boosts it.
For businesses and individuals, title deeds are extremely valuable documents. So when it comes to storing them, ensuring the storage environment is safe and secure is essential. Vault storage facilities need to satisfy some important criteria if title deeds are not to be lost or destroyed.
Traditionally, the company mailroom has been seen as the most chaotic department in an organisation, flooded with packages and envelopes and a constant buzz of activity. But it was a drain on resources in terms of staff, time and cost. Today, the Digital Mailroom offers benefits that go far beyond simply calmer environs; it enhances your business procedures, services and reputation too.
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.