Banking technology has transformed the banking industry in recent years, with RPA (Robotic Process Automation) allowing banks to automate up to 70% of their tasks. While RPA paved the way, more banking automation technologies are following close behind, including a cluster of AI (Artificial Intelligence) technologies like speech recognition, machine learning, and deep learning. (source)
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.
When you deploy an advanced automation platform within your organization, you get more than a simple electronic filing system or a way to reduce data entry and eliminate specific tasks. You do get these things, but there’s much more involved. Sure, enterprise automation can help you save time by automating business tasks, but do you know what else can it do for you?
Going paperless has many benefits – from saving time and money, to saving the earth. As you can imagine, eliminating paper can save you money on ink, printing, and other waste. In fact, Yale’s School of Medicine saved a whopping $92,000 when they switched from printing paper course packets to iPads. And that’s just one item that was replaced. Imagine how much they could multiply that savings...
The goal of any business is to grow – to increase revenue and profits, all while keeping your customers and your employees happy. This is the definition of business success!
So you’ve decided to make some changes in your office. You’ve invested in something called Enterprise Automation (which combines the of like Document Management Software and Robotic Process Automation), and you’ve got a team working to revamp your processes, making them better and automating tasks where possible.
Did you know that 71% of companies choose to end their tax year on December 31st, as opposed to ending their fiscal year on another date. If your company is part of the 71% of companies whose tax year ends on December 31, your corporate tax filing deadline is quick approaching. Tax time is at hand! That means that, in addition to dealing with your own personal income tax return at home, you’ve...
The stability of your workforce can be impacted by many things, including stress levels, repetition of tasks, and skill requirements. According to an article on marketwatch.com, the highest turnover rates are in stressful and underpaid jobs. Not surprising, right?
When the topic of going paperless is raised during meetings, it sometimes can elicit feelings of dread from people who have previously had bad experiences with ineffective systems. But don’t fear—the benefits of “going paperless” are ever improving and increasing and are now being adopted by organizations of all sizes across numerous industries.
So you’ve decided to make some changes in your office. You’ve invested in something called Enterprise Workflow Automation (which combines tools like Document Management Software and Robotic Process Automation), and you’ve got a team working to revamp your processes, making them better and automating tasks where possible.
Doing more with less is the Holy Grail goal for business owners. It’s easy to overlook mounted expenses such as paper, printing, and even wasted time doing menial data entry tasks. All of this, while maintaining, or even increasing, your quality of service and/or product, is a challenge, but it’s not impossible.
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