Without doubt, this market has undergone some radical changes in recent years, but the next 12 months is set to bring even more. Between the impending implementation of the GDPR to developments in software and Cloud technology, the document and data storage terrain provides many new hurdles.
One of the challenges companies that outsource their document storage face is gaining access to specific files when they are not physically to hand. But Scan On Demand (SOD) services can negate any possible frustration, and enhance accessibility, cost efficiency and the client’s overall service experience.
With the GDPR around the corner, companies throughout Europe have had to re-examine both their business structures and practices. With the new regulations relating to data protection, Data Protection Impact Assessments are set to become compulsory. But what are Data PIA’s? And how does a company go about completing them?
The Accounts Payable (AP) department is one of the most sensitive in a company’s organisation. Invoice, account and client data are all critical, so keeping them in the trusted hands of trusted staff seems wise. But as Cloud technology continues to be proven safe, AP Automation has become the most effective guard against internal fraud, as well as external.
It’s almost expected today that businesses turn to electronic data storage options to protect their company data. But the popular belief that the Cloud is the safest place to store sensitive information does not always hold true. In fact, more orthodox media storage services can sometimes offer the optimum protection.
It’s already well-known that information storage has become far more efficient than the old system of cabinets and cardboard boxes. But while many businesses are making use of Cloud technology and adopting digital document storage, there is still some hesitation in turning fully to electronic content management (ECM) systems
For many business owners, the imminent arrival of the EU’s General Data Protection Regulations (GDPR) next year is something that is keeping them up at night. But initiatives associated with getting GDPR-ready are set to also bring real benefits to businesses, not least better cybersecurity.
The world has developed a love for retro, with products from furniture to home telephones available in the vintage designs of yesteryear. But not every sector is so susceptible to nostalgia. Traditional document filing systems are infamously painstaking, making the benefits of document scanning too great for it ever to regain preference.
Any accountant can testify to how challenging properly managing payments to creditors can be. It’s a critical element of running a business, but software is helping to alleviate the pressure. In fact, Accounts Payable Automation is doing more than simply reducing the hassle involved in handling the stream on payment obligations.
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