Is your AP workflow process bogged down by paper? If you’re the head of an accounting department, controller or a CFO, the first place to start your process automation journey is by looking at your accounts payable workflow. How to Use Digital Workflows to Create a Paperless Office can provide some tips to start your journey.
The writing is on the wall for Chief Financial Officers. Like it or not, most organizations are demanding business process transformation in accounting and finance, and a new role for finance leaders. According to the American Productivity and Quality Center (APQC), nearly 3 in 4 organizations have an active financial process transformation project underway.
The only constant, the saying goes, is change. In your constant efforts to improve and grow your business, you will need to change business processes, continually upgrade your products, automate with technology, and keep your employees and customers happy. Change management is a key consideration in the acceptance of an enterprise content management implementation, because implementing an enterprise content management system involves a change in business processes.
The more digital your business is, the less likely it is that a dependence on paper is negatively impacting customer satisfaction, increasing your exposure to compliance issues, reducing operational efficiency and decreasing overall productivity.
To help convey the benefits of eliminating paper from your business by becoming a paperless office, we’ve produced a new infographic using data from IDC, AIIM and our own case studies.
How a business handles its documents says a lot about its ability to thrive in its current form as well as grow into a mature, competitive entity in today’s marketplace.
In small businesses, specifically, multiple employees are handling multiple responsibilities. Every minute proves vital and valuable. Taking time away from one’s main duties to look for a document that may be misfiled adds hours to the day and employees to the payroll.
Due to its success and positive feedback, the video was recently updated with some new visuals. The film uses a number of examples – like “Selling a Product” and “Invoice Authorization” – to illustrate the benefits of a DMS.