Skip to main content
search
Category

Business Trends

Trends change constantly, which means that the way business is conducted needs to be flexible and versatile. That is why businesses choose to outsource their in-house tasks. ARDEM provides insight and awareness for business trends in the outsourcing industry from FAQs to tips for business growth.

May 02
Love2
What Are the Best Practices to Automate Your Accounts Payable?

What Are the Best Practices to Automate Your Accounts Payable?

By Business Trends, Document Processing, Financial and Accounting, Invoice Processing

The average accounts payable workflow is embroiled by a repetitive and time-consuming process. With an automated solution, it allows businesses to better utilize and allocate their resources to maximize business efficiency. Lack of visibility increases the risk of errors and lost invoices which further increases the cost to process an invoice. Accounts payable departments are pressured with the need for real-time data, shorter cycle times, and lower operational costs. So, what are the best practices to automate your accounts payable process? Read More

Apr 04
Love2
How to Streamline Utility Consumption and Sustainability Reporting

How to Streamline Utility Consumption and Sustainability Reporting

By Business Trends, Document Processing, Utility Bill Processing

Organizations are taking the initiative to collect data on utility consumption in order to provide sustainability reports to help improve their impact on society. The majority of the large cities in the US have different benchmarking ordinances that require large commercial, industrial, and multi-family properties to report their benchmarking compliance statistics. One of the challenges that these organizations find is that there is a large manual effort required when collecting and organizing the data to analyze for utility bill data management. As a result, organizations are searching for more cost-effective solutions for utility consumption and sustainability reporting. Read More

Apr 04
Love4
Top 5 Technologies Impacting Utility Bill Processing

Top 5 Technologies Impacting Utility Bill Processing

By Business Trends, Document Processing, Utility Bill Processing

Data entry is the most commonly implemented method of utility bill processing. However, traditional data entry methods are incredibly inefficient. While there have been improvements over time, many businesses are still inefficiently entering utility bills by hand. This slow and redundant process has a higher likelihood for errors and a slower cycle time increases the chance of late payments. With the rise in automation technology, businesses have been finding solutions to utilize technologies impacting utility bill processing. Read More

Feb 27
Love1
In-House Cloud Management vs Cloud Outsourcing

In-House Cloud Management vs Cloud Outsourcing

By Business Process Outsourcing, Business Trends, Data Security

Cloud computing offers on-demand network access for a variety of different tools and resources providing businesses with increased flexibility and improved management. Businesses quickly find that an in-house IT management team becomes costly. Outsourcing companies can provide customized cloud service solutions based on the unique needs of a business whether it is just a server to view and upload documents or a fully outsourced process. Outsourcing cloud management enables the ability to provide technology solutions at a lower cost while also providing back-end IT support to meet all in-house business challenges. Read More

Feb 13
Love2
How Can You Solve In-House Employee Turnover?

How Can You Solve In-House Employee Turnover?

By 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

Jan 18
Love4
robotic process automation

What is the Key Component to a Successful RPA Implementation?

By 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

Dec 31
Love3
Unlocking Your Potential Through Business Process Automation

Unlocking Your Potential Through Business Process Automation

By 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
Love3
Outsourcing Disadvantage Myth: Loss of Managerial Control Due to Outsourcing

Outsourcing Disadvantage Myth: Loss of Managerial Control Due to Outsourcing

By 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
Love2
How Does a Virtual Assistant Compare to Business Process Outsourcing Services?

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

By 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