As companies grow, so does the workload for employees. Unlike large corporations with thousands of employees, small- and medium-sized businesses have limited resources and staff to deal with overwhelming workloads while maintaining their competitive edge.
A typical day for Accounts Payable (AP) department involves processing purchase orders, invoices, and other bills the company needs to pay by the end of the month. For startups, handling all this paperwork manually is manageable. But manually driven processes can hold back AP departments, especially the ones in growing businesses.
Document management leaders face a difficult situation. The work they do is highly specialized, to the point that many executives may not understand the full scope of what they do. Something like processing paper invoices feels like a massive inefficiency in the document management world, but an executive sees it as something that takes just a few minutes and not a priority to the business.
Digital transformation has been at the center of many business strategies throughout the past several years.
Managed IT services have completely transformed the ways in which businesses acquire, use and optimize their technological investments.
The past decade has yielded some of the most advanced and transformative technologies ever imagined, in turn completely revolutionizing the ways in which organizations operate and consumers behave.
Accounts payable and receivable have been among the most heavily targeted areas of the business when it comes to initial automation technology deployments.
Small and medium-sized businesses have been a central point of focus when it comes to digital transformation, as these firms tend to have the most to gain from novel technologies and services.
Enterprise resource planning solutions have been popular for more than a decade, and only continue to become more advanced as time passes on.
Organizations are likely taking a look back at their performances in 2016 and evaluating which areas of the business are in need of improvement.
