How would your organization carry on in the aftermath of a disaster, like an extreme weather phenomenon or a cyberattack?
If you don’t have an answer ready, it sounds like you’re in need of a business continuity plan.
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.
Did you know that 39% of invoices are paid late in the US? (Atradius) The problem is so widespread that score.org reports that if small businesses were paid for all of their unpaid invoices, owners could pay themselves an extra $31,000 and could hire a combined 2.1 million employees.
You’ve heard the terms “cloud migration” and “cloud computing” more and more over the past few years, but did you know that the cloud services market is worth more than $200 billion? According to IDC, worldwide spending on cloud services is expected to increase from $67 billion to $162 billion between 2015 and 2020!
If you’re not taking advantage of present day digital technologies, you’re missing out on a potential competitive edge.
Would you believe it if someone told you that 59% of business processes will be automated within the next five years, and that 83% of IT decision makers consider automation to be “essential” or “very important” to their companies? According to a recent study by Redwood Software, all of this is true! RPA is a growing trend in the US and in the UK.
Despite the growing importance being placed around Business Process Management, a recent study found that only 4% of organizations actually measure and manage their processes. Without a clearly defined and repeatable process, it’s impossible for a company to measure, manage, and improve their processes.
You’ve seen the stats – that labor accounts for 62% of the total cost of AP and that 3.6% of invoices have errors on them. And you’ve heard the claims – that accounting automation can lower costs and reduce errors. But is it really true?