Back office data entry is vital in every industry, but the process can be time-consuming and tedious. Law firms often have many documents to be entered into a database, files that need to be organized and updated regularly. It can take just one missed deadline to jeopardize a case. Read More
Growing businesses need to establish good relationships with vendors and suppliers. Vendors may often use varying types of invoicing standards or procedures, creating difficulties for the in-house accounts payable department. Such inputs can create problems and lead to erroneous databases that can disrupt the entire workflow and often lead to delayed payments and lost accounts. Read More
Data is considered the most critical element in any business. Business managers rely on accurate data to gain insight into the company’s operations and work toward scalability and profitability. The transport sector requires many documents, such as freight invoices and the Bill of Lading (BoL). While the trucking process is being carried out on-site, the offsite back-office employees are usually overburdened with a web of documents, entering data, extracting information, and generating reports.Read More
Automation has instilled a wave of relief for the back-office processes in the trucking industry. Large volumes of daily paperwork coupled with manual entry and processing can happen in just a few clicks. According to a study, 32% of transportation and logistics companies rely on manual steps in more than 50% of their daily processes. Read More
Freight Bill processing comprises a hefty series of tasks involved in shipping. The carrier generates invoices, which reflect freight information such as the freight’s description, name of the shipper, weight, point of origin and charges applied. It is the responsibility of the logistics and account team to keep track of the freight bill processing activities. They must carry out the tedious task of matching the invoices, ensuring accurate and timely payments, and maintaining data reliability. Read More
The Accounts Payable task is typically a long and tedious process involving extensive hours of redundant efforts to work through piles of paper-based invoices. According to Ardent Partners’ Accounts Payable Metrics that Matter in 2020, the top challenges holding Accounts Payable back are exceptions, lengthy invoice approval times, and too much paper. Read More
The Healthcare sector entails a series of tasks to be accomplished efficiently and on time. The staff at Healthcare facilities is usually seen immersed in a web of functions such as patient scheduling, billing, clinical research, resource allocation, prescription management, managing claims, generating receipts, and follow-up care. Read More
Nowadays, Organizations across industries are moving toward great transformation through digitization, including healthcare organizations. There are huge claims, medical, and bill records for data entry work. Therefore, digitization is considered one of the requirements of every healthcare firm. By 2025, the CAGR of data for healthcare will reach 36%.Read More
Streamlined and automated collection, validation, reporting, and payment results in optimized utility bill processes that can deliver better data quality and more transparency to accounts payable. Improved visibility into utility costs and consumption with automated utility bill processing helps companies evaluate and prioritize cost-saving initiatives. Utility managers in the companies can summarize and pivot utility bill data to identify cost reduction opportunities and make financial decisions. Read More
Large companies depend more on technology to fasten macro and micro-level tasks. Therefore, the trucking service companies sector has shifted its focus to outsourcing their tasks. Rapid turnaround using automation technology has eliminated the time delays in various business processes, including freight bill processing. Read More
