When people hear the concept, “Accounts Payable Automation” they take it either one of two ways: they understand its depth and complexity completely, or the phrase vaguely references “that expensive thing the big companies just started doing” or “that option for businesses without a proven accounts payable process already nailed down.”
Looking for ways for your organization to increase productivity and trim budgets? You’ve come to the right place.
DocuPhase’s “Business Process Automation” blog will provide valuable insight into how your company can benefit from implementing document management and workflow automation into existing processes.
Ever anticipate paying full price at the register only to be informed the item is on sale? Ever reached into a cereal box and pull out two prizes instead of one? Making future-proof business decisions isn’t easy. The end-goal is finding at least the one prize you expect. The obvious prize for investing in document management technology is a reduction in paper and associated costs. A plus you...
Beginning a business on day 1 with the perfect business process in place is an impossible task. Though best practices approaches can provide a good framework, processes are often defined and redefined by trial and error, the passing of time and the introduction of new business theory and technologies. As you have experienced or can imagine, things can get a little messy in terms of manually...
Service with a smile, hot coffee and the occasional lollipop for the kiddos was once considered the height of creating a good customer experience in the banking industry. The banking process itself—the lines, the forms, the back-and-forth of showing ID and signing names was accepted as sometimes arduous but necessary. Technology, however, has impacted the ease and speed at which business is...
No one has an eye on money more than those in the financial industry, regardless of whether they are an executive or someone who plays a supporting role. Watch insurance rates flip direction or the Dow drop ten points, and the industry is suddenly abuzz with adjustment.
The Wall Street Journal called Discovery’s Science Channel series How it’s Made “TV’s quietest hit.” And it’s no wonder. For those who have never walked a manufacturing floor, a behind-the-scenes look at the production of everything from exotic cars and computer parts to baseball bats and chewing gum is both incredulous and intriguing. If you’ve taken part in the manufacturing process, you...
Within the insurance world, the term “risk” gets thrown around daily. In fact, the industry itself is comprised of a complicated web of professionals with titles like risk manager, risk analyst and others whose job it is to financially protect people, businesses and property against loss while keeping their own “exposure” to these risks as low as possible for the best financial outcomes.
Everyone involved in the purchase of a home knows that seeing a mortgage loan through to the finish line feels more like a marathon than a sprint. The sheer number of individuals and institutions that participate in the process makes it very complicated and time-consuming. But with today’s technology, it doesn’t have to be that way. Here are 6 steps lenders can take to simplify and speed up...
It’s hard to imagine how businesses ever got anything done before digital technology. Papers were signed when the mail was delivered. Customers got answers when a business called them back. And many a pen ran dry while employees and office workers tediously filled out form after form by hand.
Whether in the world of hedge funds and large returns, or traditional banking options, the most important part of any financial institution is the return.
The magic word in business: efficiency.
It's probably not surprising that business process management, workflow, and golf have so much in common. Most people are much more familiar with golf, so let's take a look at some of the similarities we can draw between the two to try and make BPM and workflow make a bit more sense.
Are you one of the most valuable employees at your organization, but want to lock that status in? Maybe your company is undergoing upheaval or looking to "trim the fat", and you want a way to identify yourself from the crowd.
Compliance can be one of the most difficult and resource-consuming tasks in regards to requirements placed on a business from external sources. How does that become manageable in a cost-effective and ingenious way? Business process management.
Business process management is a term with widely varied use that includes a variety of goals and overall strategies to implement and succeed.
In today’s rapidly changing business environments we need our systems working together in harmony while providing the best interfaces to our users and customers.
Technology. Communications. Regulation. Best Practices. Strategy. HR. Management. Accounting.
Add them all together and profit just happens, right?
While a little bit unrealistic, that view may not be as far off as you originally guessed.
The search has begun: what all-encompassing business strategy will solve every problem and generate massive scaling through predictable success?
The only person that can answer that question is you.
Companies often rely on Microsoft solutions because it is what they are comfortable with. Most businesses also have a variety of Microsoft systems and programs in place already, and it seems logical to pursue Microsoft's platform for a document management and business process solution.
Every business has problems.
Process evaluation is the fundamental first step to most business process management and process projects.
The 1st Annual Bright House Regional Business Awards took place on February 27 in Tampa, FL. iDatix team members were in attendance and thrilled with the announcement that iDatix had received the most prestigious award of the evening “Innovator of the Year.”
Change management is arguably one of the most important factors in both everyday transitions, and specifically in project management.