HOW DOCUMENT MANAGEMENT CAN HELP COMPANIES TO SURVIVE THE RECESSION
Last week, the UK economy officially slid back into a recession. After a fall in output for the second consecutive quarter, the country has now officially succumbed to the much-predicted double-dip recession. With this in mind, now is the time for all companies to take a long hard look at how they do business. [...]
AUTOMATED INVOICE PROCESSING FOR ACCOUNTS PAYABLE DEPARTMENTS
Are you flushing money down the drain? No? Are you sure … really sure? Have you missed an invoice and incurred a late penalty charge with your supplier? If you haven’t, that’s great. But where there are humans involved, you will get human error and perhaps invoices will get missed. If you haven’t fallen [...]
INVOICE PROCESSING. WHY ARE SO MANY COMPANIES IMPLEMENTING A SOLUTION?
On average, it takes 17 seconds to manually enter an invoice into an accounting system assuming only a few fields need to be keyed. This does not include any manual sorting or handling time. Keying in information from paper invoices is still the most time consuming and costly activity in accounting departments, yet it is [...]
INTRODUCING DOCUMENT MANAGEMENT IN TO YOUR ORGANISATION
Embracing new technologies, like document management, may seem like a daunting process however modern systems are simple to use and modular in design. This means you can get started quickly and begin to solve real business problems straight away, more advanced workflow based solutions can then be evolved over time. For example, maybe you need [...]