The Digitalisation of the Procure-to-Pay Process: More Than a Financial ROI

According to the Institute of Finance & Management (IOFM), 53% of accounts payable managers believe that a Procure-to-Pay process improvement initiative should be initiated by their financial departments. Faced with an increasingly competitive market, this investment addresses productivity challenges and operational performance, the importance of which continues to grow each year. The digitalisation of processes, in

What Are The Most Likely Industry 4.0 Trends of 2019?

During 2018 the news was awash with stories of Industry 4.0 trends. So what can we expect in 2019? Well, I imagine probably more of the same, if truth be told. IoT, 5G, Digitalisation, Smart & Wearable Tech, RPA and Robotics are all likely to claim vast amounts of column space throughout 2019. IoT The

Understanding the True Cost of Your AP Process (Infographic)

Understanding the true cost of your AP process is an important step towards gaining any benefit from your department. How can you submit a business plan for your process improvement project before understanding the true cost of your AP process? It is also important to understand how other companies are performing so you can gauge

Digitalisation of invoices: Socometra Engie chooses ITESOFT’s next-generation solution

Socometra Engie, a maintenance and engineering company, has selected Streamline for Invoices from ITESOFT, a global leader in digitalisation and process automation solutions, to transform its supplier invoice process. Digitalise 12,000 supplier invoices per year To support its strategy of digital transformation of accounting processes, Socometra, a subsidiary of Engie Group based in New Caledonia,

Streamline for Invoices Now Available Through the Microsoft Store

30 years of innovation in the business process automation space have culminated in ITESOFT’s latest accounts payable suite, Streamline for Invoices (SLFI). Now available through AppSource, the Microsoft Store, SLFI represents a new generation of solutions that not only leverage the intrinsic benefits of the Cloud, but also take advantage of using innovative services deployed on

What is Metadata and Why Should You Care?

In the world of digitalisation, the term “Metadata” is used quite often. But what is Metadata? Descriptive strings of data that reference activity or other data Fields of information allowing accurate filtering of data Automated data which cannot be manipulated or changed after creation Why is it of benefit to your organisation? Allows an insight

DM Awards 2018 : ITESOFT UK proud to announce that Streamline for Invoices is named Accounts Payable/Invoicing Product of the Year

23rd November 2018 – Woking, Surrey ITESOFT UK, a leading provider of solutions for Finance Process Automation, are proud to announce, today, another award winning year at the annual Document Manager Awards 2018. Following on from many years of success, 2018 delivered an award for ITESOFT in the following category: Accounts Payable/Invoicing Product of the

5 Reasons You Need A Digitalisation Strategy

A digitalisation strategy seems more important than ever. What exactly is a digitalisation strategy? Put simply digitalisation is the application of technologies to aid in new, and existing, processes. A strategy to do so, would include an understanding of what can be improved, how to improve it, what can be used to improve it, and

Is Making Tax Digital for VAT an Accounts Payable Issue?

On the 20th November 2018 ITESOFT hosted a webinar focused on the latest legislative change to impact on Accounts Payable, Making Tax Digital for VAT and asking whether this is an Accounts Payable Issue. “Making Tax Digital for VAT requires VAT registered businesses with taxable turnover above the VAT registration threshold to keep records in digital