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3 Things You Need to Know About the Ways Accounts Payable Automation Helps Simplify Audits
- 2:44 pm
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Audits are something no one looks forward to. We know how valuable audits can be as an internal tool for evaluating business processes, but that doesn’t make them fun. We also know external audits are a possibility that companies would […]
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How Can Intelligent Character Recognition (ICR) Technology Help Your Business?
- 1:14 pm
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As technology continues to advance, ways of applying new technologies to the modern business world also advance. Companies increasingly rely on digital technology to automate workflow and streamline processes like accounts payable and purchasing. Character recognition is one type of […]
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The Transportation Industry’s Guide to Using Automation to Improve Expense Reporting and Document Management
- 1:13 pm
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In the transportation industry, whatever business solution you turn to for managing processes like travel and expense reporting needs to work just as well on the go as it does in the office. This is equally true whether your company […]
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Budgeting, Business Planning, and Process Automation
- 3:57 pm
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If you’re in charge of managing a business, it can be hard to plan for the future when there are so many immediate concerns to worry about. This can be especially true for small businesses where a few people are […]
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What is BPO? BPO Examples, Categories, Types and Benefits.
- 8:25 am
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We’re all familiar with the idea of outsourcing business processes. However, many people are a little fuzzy on exactly what Business Process Outsourcing (BPO) actually means and how it relates to the concept of Business Process Automation (BPA). Even more […]
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5 Ways to Tune Your AP Automation for Maximum Workflow Efficiency and Improved Data Quality
- 12:47 pm
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The accounts payable department is one of the easiest places to notice if your organization is dealing with inefficient workflows and poor-quality data. A breakdown in workflow and data collection in AP has a direct impact on cash flow, which […]
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How to Optimize AP Visibility Using Automation Software
- 3:37 pm
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Though some businesses still process invoices manually, more and more enterprise companies have automated their Accounts Payable departments. That does not, however, always mean that those companies have optimized their AP as well as they could. Clunky, outdated automation can […]
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The Retail Industry’s Guide to Automated Accounts Payable Software Solutions
- 12:37 pm
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Optimizing accounts payable is an important step for any business. In the retail industry, it’s vital. If you cannot pay your suppliers promptly, then there’s no guarantee they’ll keep filling your orders. If you’re not tracking payment deadlines closely, then […]
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How Automation Software Can Help When You’re Making A Business Budget
- 2:07 pm
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We all know how important budgeting is when you’re managing business finances. We also know what a challenge it can be to come up with a useful, accurate budget, especially when there’s so much uncertainty in the world today. Business […]
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The Retail Industry’s Guide to Using Automation to Improve Purchasing and Inventory Management
- 4:20 pm
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As someone working in the retail industry, you know the constantly changing nature of retail presents a wide range of challenges to keeping your business processes running smoothly. One of the biggest challenges to face retailers is keeping track of […]
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Leaning into the Strategic Role of Accounts Payable with AP Automation
- 12:01 am
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Historically seen as a back-office function, accounts payable is increasingly recognized as the department that acts as the central hub for controlling spend management. As AP moves into a more visible role at the forefront of managing spend, those working […]
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How Can You Use Automation to Improve Purchasing in the Healthcare Industry?
- 1:20 pm
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Welcome to NextProcess’s Automate Your Industry blog series. In today’s post, we’re starting to take a close look at the benefits of automating financial processes when you’re in the healthcare industry. Those working in healthcare face several unique challenges when […]
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