It’s widely accepted that removing paper-based processes from accounts payable is a best practice. So why is it that paper still continues to dominate in many organizations? According to Billentis Market Report for eInvoicing, 70% of all invoice processing globally is still paper-based.
Recently, the U.S. Department of Justice (DOJ) released the 400+ page Mueller Report (140MB PDF document). If you are interested in the workings of the U.S. government, you may have downloaded it, expecting to be able to educate yourself. Unfortunately, your attempts at searching for specific topics with the trusty Control-F key sequence ended in utter frustration. You may have just given up and looked for a summary write up, but others may not have that luxury.
“A chain is only as strong as its weakest link” is a common term heard around IT security talk, but the unpleasant truth is weak links in the security chain are frequently overlooked. Until they are exploited. Credit card skimmers on ATMs and gas pumps are so successful because they appear to have no user vulnerability, and so commonplace they are potential risks are ignored.
Organizations stand to gain in numerous ways from applying RPA and intelligent automation to repetitive, manual tasks. These technologies eliminate errors, cut processing times by half, deliver 100% accuracy, and increase capacity by as much as 50%. Perhaps even more importantly, automation relieves employees of tedious tasks and enables them to focus on value-added activities that require a human touch.
Spending on information security is expected to reach $124 billion this year. Yet it seems every technology vendor is trying to make documents more accessible and more portable for the sake of greater productivity.
Automation is the future. Most organizations―and likely yours as well―have automation as one of its key priorities for 2019 and beyond. But you may be asking yourself, where should we begin this journey toward automation?