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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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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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5 Budgeting Tips for Companies During Uncertain Economic Times
Over the past several years, our world has seen dramatic changes that have a big impact on businesses. Financial departments in companies face challenges related to the supply chain, geopolitical issues, post-pandemic changes in the world, and an uncertain economic […]
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Data Security Tips for Small Businesses
Are you worried about cybersecurity for your small business? The dangers of hacking, phishing, viruses, and other cyber-attacks are an ever-present threat in the modern business world. It’s a particularly large concern for CFOs and finance departments since they’re responsible […]
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5 Tips for Using BPA Software to Support Effective Finance Teams
Often, people hear “automation” and think that it’s going to replace people. But business process automation (BPA) software has a different purpose. This type of automation helps employees do their jobs more effectively. In financial departments, using BPA software can […]
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5 Tips for Managing High-Volume Accounts Payable with BPA Software
5 Tips for Managing High-Volume Accounts Payable with BPA Software How many invoices does your company receive each month? If you’re processing hundreds or even thousands of invoices each month, then your company is managing high-volume accounts payable. What qualifies […]
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Streamlining Financial Processes: Comparing BPA, SaaS, BPO, and BPaaS
If you’ve been researching software options for managing your financial processes, then you’ve probably run across terms like Business Process Automation (BPA) and Software-as-a-Service (SaaS). You’ll also come across related terms, like Business Process Outsourcing (BPO) and Business Process as […]
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5 Ways To Reduce Errors Using Business Process Automation Software
Are errors hurting your business? It can be a hard question to answer. If you can identify the impact of errors, then you can take steps to correct them. But often, errors slip in that you don’t even know about […]
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