Category

Financial Services

Financial services blog category which highlights our expertise in the F&A industry. As a top rated BPO, ARDEM provides F&A services for all industries. We are experts in accounts payable, accounts receivable, bookkeeping and accounting, and more.

Why You Need More than OCR for Effective Invoice Capture

Why You Need More than OCR for Effective Invoice Capture

By Business Process Outsourcing, Invoice Processing
OCR-backed invoice capture is being touted as a game-changer in invoice processing, accelerating data collection for faster approval and payment cycles.

However, while automated OCR or optical character recognition has brought about a revolution in the standard invoice management process, it’s not enough on its own to carry out a successful accounts payable operation.

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How to Transform and Shift Your Accounting Function

How to Transform and Shift Your Finance and Accounting Function

By Business Process Outsourcing, Financial Services
Whenever we talk of upgrading internal finance and accounting processes, outsourcing is considered to be low-hanging fruit for reducing costs. 

However, as outsourcing companies upgrade their services, the entire scope of business process outsourcing has expanded to incorporate business process improvement and business process automation as a part of a complete solution for operational excellence. 

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What Are the Top 4 Outsourced Finance and Accounting Processes?

By Financial and Accounting, Automation, Business Process Outsourcing, Invoice Processing

Businesses are relying on outsourcing to provide a more cost-effective and efficient solution for the wide-ranging tasks of Finance and Accounting. For many businesses, finance-related tasks, such as accounts payable, are time-consuming and repetitive. Outsourced Finance and Accounting Processes allow businesses to focus on business growth. Read More

finance and accounting

Outsource Your Entire Concur Process

By Invoice Processing

Managing invoice processing can become quite a daunting task especially when a business starts to grow. As a result, it is common for businesses to utilize software such as Concur to help simplify the process and increase visibility. So why do businesses outsource their entire Concur expense management process? While the software helps to centralize the invoicing process, it still requires a good amount of time and effort for staff members to ensure accuracy. Internal resources already swamped with other tasks means the additional effort to balance both quality standards and deadlines can be difficult to maintain. Read More