Environmental Cost Of Paper Based Invoice Processing
We live in a world that is changing. The global focus on reducing our environmental impact is growing. The key question in this blog though is, what is the environmental cost of paper based invoice processing? Most organisations will have an understanding of the cost of processing an invoice once they have received it. Some…
Exploring the Environmental Impact of Paper-led Processes
Since Greta Thunberg burst onto the scene, pleading with politicians and the public to take climate change seriously, environmental concern has been front and centre of almost every news channel and front page across the country. Businesses often prioritise the bottom line over other concerns, but, as responsible citizens,it’s important that we consider how the…
If AP Ain’t Broke, Don’t Fix It… Or Should We?
It seems that a culture has emerged of “If AP ain’t broke, don’t fix it”. This is not specific to any level of a business, generation, or gender. Instead this idea seems to be reinforced by professionals who can’t see the benefits to automating accounts payable, when compared to a completely manual process. Whilst keeping…
Artificial Intelligence: A Modern Approach to Combat Fraud
Preventing fraud has never been an easy task… perhaps Artificial Intelligence (AI) is a modern approach to overcoming this age old problem. Not just for organisations but for individuals the possibilities are pretty incredible. We’ve all heard about AI and the wonders that the likes of Google and Tesla are creating with it. In the…
How Do You Define Invoice Automation Success?
How can you define invoice automation success when your are just starting to explore your options? Start with a list. Try this one. Document your as-is. Document your to-be. Engage stakeholders. Communicate clearly and regularly. Measure regularly. Fail fast. It may come as no surprise… to define invoice automation success, you need to decide what…
Digital Tools and Disruptive Technology in the Public Sector: Taking Small Steps to Make a Big Difference
When we talk about disruptive technology, many people immediately think of outlandish and extreme changes in workflow and behaviour. However, there are plenty of small changes and simple tools we can use to help make the workplace a smarter, and more streamlined place. Changing the way you work As we welcome Generation Z into the workplace,…
Can Robotic Process Automation Transform your Accounts Payable Function?
Artificial Intelligence (AI), Machine Learning (ML) and Robotic Process Automation (RPA) are all poised to transform the way in which businesses work, but can they really have a direct and meaningful effect on the day to day experience of Accounts Payable (AP) and Finance professionals? What is Robotic Process Automation? It is probably best to…
How AI Is Driving CFO Dynamism
Our Corporate landscapes are changing at a faster pace than at any other time in modern history. And with this comes the need for business leaders that are more engaged and more energised. Using technology, like AI, and freeing time to focus on the business and the people becomes a must for a modern CFO.…
Keeping Millennials Connected With Their Aspirations
As a younger generation of workers become a majority in the workplace, companies are starting to realise that technology is a huge factor on whether staff stay content – or whether they stay at all! So what insights can I offer to help keep millennials connected with their aspirations – and equally importantly, your business?…
Is Capture the Key to Automation?
Is capture the key to successful automation? Yes, without the ability to automatically capture incoming information every subsequent step in automation falls down. If your capture rates on supplier invoices are low, at any level, then the information put into your workflows or approvals is going to be poor. Quality, huge volume capture drives every…
The Importance of High Capture Rates in AP Automation
What’s the importance of high capture rates in automation? If you cannot achieve the highest possible capture rates you will find that any automation project will struggle to really give the benefits you could have achieved. Ensuring that you catch as much data as possible, with as little human input, allows you to generate far…
The Fastest Way to Streamline Your Accounts Payable Process
Much like Joe Wicks’ Lean in 15 recipes and work outs are dedicated to being short and sweet, Cloud technology and Software as a Service (SaaS) allows a quick implementation with immense benefits when used for accounts payable automation. Giving you the fastest way to streamline your accounts payable process. If you’re trying to reach…
as-a-Service in Accounts Payable… The Future of Capture
From manual processing to as-a-Service in Accounts Payable. as-a-service in Accounts Payable is the latest in technology designed to make lives simpler and easier. Most of us still underestimate the power of devices that can fit in our hands. An everyday example is a calculator. We all have a calculator on our smartphone. Before reaching…