Feb 13

How Can You Solve In-House Employee Turnover?

By admin Business Process Outsourcing, Business Trends

Seasonal businesses tend to find themselves looking for temporary employees due to the constant ebb and flow of productivity. In some cases, it can be difficult to predict the amount of needed resources which causes businesses to quickly hire and train temporary employees. As a result, many rely on the help of temp agencies and often overlook the hidden costs while retaining a high turnover rate. Outsourcing can help reduce employee turnover and offers the flexibility to bring in or reduce the number of resources to work in tandem with your business. Read More

Feb 06

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Tackling the Challenges of AP Processing

By admin Financial and Accounting, Invoice Processing

Your accounts payable department is responsible for handling the flow of your business’ finances. Ensuring that the AP process is accurate and efficient allows you to maximize your ROI and maintain a positive relationship with vendors. As a business grows, the inefficiencies of manually processing invoices in-house quickly become apparent – not only is this a slow process, but it also becomes costly to manage. In this blog post, we identify some of the challenges ap processing such as having an overqualified team manage your accounts payables. Read More

Jan 18

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What is the Key Component to a Successful RPA Implementation?

By admin Business Process Outsourcing, Automation, Business Trends

Machine learning and artificial intelligence greatly increased the efficiency of businesses by automating various back-end processes. Using tools such as data capture and bots allows a larger volume of data to be extracted and verified to reduce the turnaround time. By utilizing a set of rules, it allows a more uniform and consistent set of data to be extracted. While these modern technologies such as RPA have been shown to increase efficiency, there are often variables that are overlooked which can easily lower accuracy and quality. Read More

Jan 11

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Transforming Data Through Automated Data Capture

By admin Business Process Outsourcing, Automation, Data Entry Services

In today’s business world, there is a greater need for increased efficiency to capture, understand, and utilize large sets of data. Automated data capture optimizes the ability to extract data through automated means. Simply put, it helps reduce the amount of time and effort required to process data-intensive processes. Automation of the data extraction process also helps streamline and maintain data consistency to reduce manual errors. Read More

Dec 31

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Unlocking Your Potential Through Business Process Automation

By admin Business Process Outsourcing, Automation, Business Trends

In order to meet the needs of the current business world, businesses will need to increase operational growth in order to attain an optimal ROI. The goal is to increase productivity without increasing costs which makes automation the best solution for this task. With an automated process in place, there is an increase in consistency, reduced error rates, and helps free up staff members to concentrate on core competencies. Business Process Automation (BPA) incorporates the use of intelligent automation to streamline your current processes. Read More

Nov 20

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Outsourcing Disadvantage Myth: Loss of Managerial Control Due to Outsourcing

By admin Business Process Outsourcing, Business Trends

A common concern for many businesses that are deciding to outsource is the fear of losing control of their business process. Quite often we hear of businesses that have had negative past experiences of offshore outsourcing which ended up becoming more of an outsourcing disadvantage than a cost-effective solution. So how do some businesses find success while others suffer the consequences? One of the best practices for successful outsourcing is to clearly define your process, keep an open line of communication, and have proper documentation of work. Read More

Nov 06

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How Does a Virtual Assistant Compare to Business Process Outsourcing Services?

By admin Business Process Outsourcing, Business Trends

A virtual assistant is a great short-term solution to lighten your workload, but without properly defining tasks it can become a question of pros vs. cons. With the growth of technology, it has provided businesses with the opportunity to hire freelancers, software agents, and even outsourced workers to manage the strain of a growing business. Read More

Oct 26

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How Do You Spell Success? Businesses Can Excel Through Outsourcing

By admin Business Trends, Business Process Outsourcing

What is the number one goal of a business? The most common answer you will hear is that businesses want to make a lot of money. While it is not entirely false, making money is only the byproduct of the main goal of achieving success in a business. Read More

Oct 16

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How Do Businesses use Robotic Process Automation Services to Boost Operations?

By admin Business Process Outsourcing, Automation, Business Trends

With the correct blend of skilled technical people, Machine Learning, and AI technologies, leading businesses are rapidly transforming their back-office operations. Enter robotic process automation services where software is being used along with artificial intelligence (AI) tools and machine learning capabilities to handle high-volume repeatable tasks that previously may have been purely manual effort driven. Read More

Oct 09

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How Does Accounts Payable Automation Improve Invoice Processing?

By admin Document Processing, Financial and Accounting, Invoice Processing

One of the biggest challenges of invoice processing is the time consuming in-house process which requires multiple users to enter data into various document management and software systems. Invoices need to be received, reviewed, and approved before payments can be made making turnaround time and accuracy very important. So how does outsourcing accounts payable automation services improve your business? Read More