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How Business Process Automation Reduces Operational Costs Without Sacrificing Control
Reducing costs is one of the biggest reasons for a company to implement Business Process Automation (BPA) software. Automation lowers labor costs, cuts down on costly errors, speeds up financial processing, and streamlines workflows. It’s an efficient method for managing […]
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The ROI of Automating Financial Workflows: What CFOs Should Expect
As companies decide to invest their tech budgets, one of the key questions to answer is what the return on investment will be for different options. Automating financial workflows with Business Process Automation (BPA) software is often described as a […]
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Cloud-Based vs. On-Prem BPA Solutions: What’s More Secure, Cost-Effective, and Scalable?
When you plan to implement business process automation (BPA) software in your company, one of the major choices you have to make is between a cloud-based or an on-premises solution. On the one hand, you have a more traditional type […]
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BPA Automation in Healthcare: Navigating Compliance and Financial Processing
BPA Automation in Healthcare: Navigating Compliance and Financial Processing Healthcare is one of the most highly regulated sectors. Compliance with all these regulations is essential in all aspects of healthcare, including financial processing, yet it is a challenging and resource-intensive […]
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The Compliance Risk of Spreadsheet-Based Financial Processes
Recently here on the NextProcess blog, we’ve been discussing the prevalence of spreadsheet issues and steps your organization can take to correct those issues. “About 94% of the spreadsheets in use contained faults,” according to an analysis of several different […]
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From Spreadsheet Chaos to Financial Control with BPA Software
Have you noticed issues with spreadsheets in your business? If so, you’re not alone. Many companies rely on spreadsheets, but spreadsheets aren’t always the best tool for the job and they’re notoriously full of errors. Recently, a literature review published […]
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Why 94% of Financial Spreadsheets Contain Errors (And What It Costs You)
If you’re using spreadsheets, it’s almost impossible for all of them to stay error-free. Over the past several years, we’ve seen many studies pointing out the high number of errors in business spreadsheets. Recently, a literature review published in Frontiers […]
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3 Steps To Getting Your Boss on Board with AP Automation
So you’re working in Accounts Payable. You’re surrounded by paperwork, you’re manually entering data, and you’re struggling to keep track of invoice deadlines. You’re sure that implementing an automation system could solve a whole host of problems for you and […]
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Automating with BPA Software to Boost Employee Satisfaction
When you hear about technology in the workplace, there’s often a disconnect between how good it sounds and how it actually works. There may also be a sharp difference in how executives think a new initiative is going and how […]
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Improving Efficiency and Employee Satisfaction with Business Process Automation Software
Business leaders pushed for a “year of efficiency” in 2024, and the momentum is still going this year. Making business processes more efficient is a goal that supports other business priorities, including cutting costs, fighting fraud, optimizing employee time, and […]
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Investing Tech Budget in Business Process Automation
Did your company increase its technology spending for this year? If so, you’re in good company. Last fall, a Gartner survey of 301 senior finance leaders found that 77% of the respondents planned to increase their tech budgets in 2025. […]
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The Best Ways to Simplify Your Expense Reports
Travel and entertainment or travel and expense (T&E) payments account for up to 12% of many companies’ annual budgets. For most companies, managing these expenses involves employees submitting receipts and filling out reports, and then other employees laboriously processing those […]
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