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
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.
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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
The corporate environment is getting a lot more competitive in this technological era. Companies are looking to outsource their business processes as a thriving solution to improve their services, lower costs, and stand apart from their peers. One of their most crucial business processes is accounts payable (AP), which includes approving invoices and bills for all payments. AP tasks are huge each day and makes it an arduous task. Read More
Freight billing may look easy on the surface, but it is a complex task and demands accuracy and efficiency right from generating invoices to collecting payments. The logistics industry is always grappling with problems like inaccuracy in billing and payment challenges.
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Cloud services are a part of the digital transformation. A cloud transition can help reduce operational outlay, enhance infrastructure efficiency, and improve workflows. Therefore, cloud outsourcing is attractive to entrepreneurs, especially non-profit organizations’ (NPOs), as they look to save money and increase productivity with improved collaboration.
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Small nonprofit organizations (SNPOs) are a large part of the growing nonprofit sector. These nonprofit organizations (NPOs) generally receive $100,000–$250,000 in annual revenue. When organizations dedicated to serving the public good can’t secure the workforce to provide vital services, their communities suffer.
Staffing shortage at the back-office end poses challenges to conducting business operations for all industries. The inefficiency of back-office level operations causes a huge gap in the management coordination at all levels.
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Data entry is the process of extracting relevant data and entering it into the desired software. Data input processes help organize data into a convenient format for further processing.
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Remote working has seen a huge rise over the years in the U.S. There was a 173% increase in the remote workforce in the U.S. between 2005 and 2018.