With all major parties committed to budget deficit reduction, it would seem inevitable that local authorities will need to reduce their costs to avoid cuts to key services. While the impact of the cuts will vary from borough to borough, no one in local government is immune from their impact, as evidenced by 98.9% of survey participants claiming they are under pressure to deliver cost savings.
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Managing and monitoring document-centric business processes presents a unique challenge. BPM cannot provide insight into steps that fall outside its field of control and BI tools are limited to only deal with point-in-time calculations with no actual process context of these values. This report looks at the benefits of Document Process Intelligence, the issues that are priorities, and provides...
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The most common business case metrics used to justify an investment are return on investment (ROI) and payback period. The use of these two metrics will influence and, in most cases, provide the necessary data required to substantiate further investment within an organization. We will discuss how these two metrics are derived based on productivity gains provided by a best-in-class solution.
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While increasing sales is a natural goal for improving the bottom line, significant revenue can be found by identifying opportunities to improve AP automation. By optimising workflows at every key milestone, efficiencies can be realised that drive down the cost and time of manual intervention while, ultimately, increasing early payment discounts. Below are ways your AP organisation can...
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Smart process applications (SPAs) provide an integrated set of capabilities – including process, content, analytics, rules and more – that maximise the productivity of knowledge workers dealing with unpredictable processes, so that those critical customer interactions create value.
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To cope with increased workloads and added responsibilities, AP departments are looking to streamline as much of the invoice process as they can. This white paper discusses how the latest intelligent recognition technologies can be used to automate the capture of paper and electronic invoices to reduce costs, increase speed and improve data quality.
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This is designed specifically to aid AP managers in crafting a business case for AP automation that will overcome this challenge and pave the way for time-saving automation.
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The use of data and analytics is changing the way companies do business in the 21st century.
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Accounts payable automation presents unique challenges. It is characterized by large volumes of data, arriving in different formats and media that must be securely received, accurately interpreted and entered into financial systems. Transactions within the process may require discrepancy resolution, accounting coding, approvals, and settlement.
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In 2014, the total number of global mobile internet users is expected to surpass the total number of desktop internet users.1 Organisations are facing the reality that the preferred engagement channel of their customers (and potential customers) is no longer fax, snail mail, web portals or phone—it’s mobile.
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To cope with increased workloads and added responsibilities, AP departments are looking to streamline as much of the invoice process as they can.
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Practical Advice on Why to Do It and How to Get It Right. This white paper is written for finance professionals who are considering investment in accounts payable (AP) automation software for Microsoft Dynamics AX
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It’s taken a while but business process management (BPM) technologies are making the transition to the cloud. In the same way the cloud has transformed the business case for generic business applications, BPM in the cloud represents an opportunity for small and medium size organisations to de-risk their process improvement activities and access powerful process solutions that would have...
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The competitive marketplace drives businesses to strive for ever-greater productivity and efficiency, finding better ways to do what they do and eliminating unnecessary work and cost. This applies not only to a business’s production of goods or delivery of services, but also to its supporting operations, including accounts payable. Given a flat economy that has stymied growth, organizations have...
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Accounts payable (AP) can drive enterprise value through two important avenues: lowering costs by increasing operational efficiency, and collaborating with trading partners to capture discount-based savings and improve supplier relationships.
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Mobile devices, including iPhones, iPads, and Android devices are an engaging and fast-growing method for enterprise interaction with business applications. This white paper addresses the integration challenges, approaches and benefits of utilising mobile devices within invoicing and accounts payable automation applications.
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Every day, organizations receive high volumes of various types of documents from different channels that launch or continue internal business processes. Reviewing and interpreting these documents, entering data from them, and forwarding them on to others for further processing consumes company time and resources, which increases operating costs and negatively impacts customer and supplier...
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For nearly all lines of personal and commercial insurance, reducing the cost of claims processing is key to profitability. Reducing cycle time, the elapsed time from opening a claim to its settlement, is key to customer satisfaction. Moving to a fully automated process is a goal for claims processing of nearly all insurance executives.
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Accounts Payable (AP) exists largely in a paper-based world, though the tides are slowly changing. Enterprises are seeking ways to drive down volumes of incoming paper invoices and to migrate from traditional check payments to faster electronic alternatives.
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Most organisations have developed key performance indicators and metrics to help monitor and manage various aspects of their business. But too often, companies fail to track the most useful metrics on the health and operational efficiency of their business.
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