Category: Uncategorized

Re-imagine Your Back Office Financial Processes into a Paper-Free Workflow

July 25, 2017 Technology and the widespread use of electronic documents, can bring simplification, transparency, and operational efficiency to your back office. However, back office automation comes with its own set of challenges for companies that are outgrowing the capacities of their current systems and require specialized service to realize the value. As some companies…
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Learn Why It’s Important to Streamline Business Processes

Did You Know? Did you know that a typical 10,000 employee company handles more than one million employee-related transactions a year at a cost of between $10 and $50 per transaction? Source: ASUG/SAP Benchmark Study, “Human Capital Management: How Top Organizations Drive Company Profits Efficiently” Let’s look at a very common scenario in the retail…
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Top Market Drivers for Payment Automation

Driving Profitability in a Traditional Cost Center: the AP Department According to the Aberdeen Group report, “AP Automation and Strategic Vision,” financial services executives surveyed cited 2 of their top 5 drivers compelling them to undertake payment automation as: Powered by IBM’s FileNet and Datacap technologies, our user-friendly applications help financial services executives capure early…
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Managing Cash in a Dynamic Market

Trends Driving Payments Today Interest rates have remained near zero for the last five years, causing organizations to look to new and different opportunities. In response to these market trends, a new approach to early payment discounting – known as dynamic discounting has arisen. This challenge is paired with the opportunities that have arisen from…
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Goals Every Retailer Wants to Achieve – Part 5 of 5

Does Your Company Have Strong Vendor Management? Healthy vendor relationships are particularly important in the retail and restaurant industry, as regular delivery of inventory is needed to sustain optimal operations. If vendor invoices fall through the cracks, it can quickly impact the vendor’s willingness to do business. Delayed payments can also cause retailers to lose…
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Goals Every Retailer Wants to Achieve – Part 4 of 5

Does Your Company Spend Excessive Time Manually Administering Paperwork? Many times, when it comes to financial and HR documents, more time is spent administering the paperwork then processing it. Inefficiencies abound just in the AP department, where corporate receives thousands of invoices from all different sources – by mail, email, and fax – and then must…
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Goals Every Retailer Wants to Achieve – Part 4 of 5

Does Your Company Spend Excessive Time Manually Administering Paperwork? Many times, when it comes to financial and HR documents, more time is spent administering the paperwork then processing it. Inefficiencies abound just in the AP department, where corporate receives thousands of invoices from all different sources – by mail, email, and fax – and then must…
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Key Business Realities That Retailers Face – Part 5 of 5

Is This a Reality You Struggle With? In this competitive industry, service is everything, and a satisfied customer is the ultimate goal. But it can be very difficult for corporate HR teams to gain visibility into the true performance of the company’s locally managed teams, whether good or bad. To be truly customer-centric, and reward staff…
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