The ongoing COVID-19 pandemic is an emerging situation that has disrupted millions of lives here in the US and around the globe.
More and more businesses today are opting to outsource their data entry and transactional processes to a partner who can handle and manage data with greater accuracy while driving down their operating costs and enhancing efficiency.
Outsourcing essential but repetitive business tasks can help you streamline back-office functioning and gain competitive agility. The competitive advantage in allocating business functions like data entry and document processing to a trusted data entry company is that doing so frees your internal resources to focus on your core competencies.
Every business, whether big or small, runs on high-scale transaction processing that is essential for the smooth functioning of everyday and overall operations.
Processing large amounts of transaction data can be quite a time-consuming and expensive task. It is not just a matter of processing a large volume of data and allocating precious internal resources to do so. As you expand your services, you will need to hire more and more skilled resources to keep up with the increased volume of transactions.
In fact, simply processing the data is not enough. You need to do it with a great deal of accuracy and on time so that you can stay ahead in these competitive times.
So, what is the perfect solution for processing large volumes of transaction data swiftly and accurately?
We have all heard the phrase — “as mysterious as the dark side of the moon,” but the fact of the matter is that in today’s age of space exploration and satellite technology, there isn’t much mystery left.
So, if mankind has been able to solve the mystery of the dark side of the moon, then why hasn’t it been able to solve the mystery of dark data?
As the world faces the biggest health crisis since the 2009 Swine Flu outbreak, we need to stay strong and come together as a community to combat COVID-19 and keep our loved ones safe. This means practising social distancing and opting for work from home as required.
The first and most important thing to do is to not give in to the panic and mass hysteria and to follow the official WHO Guidelines for prevention and safety. Another thing to keep in mind during these trying times is to trust information only from reliable sources and to not credit every piece of information circulating on social media.
While the outbreak of COVID-19 has created many challenges, a major problem being faced by many across the world is the challenge of how to conduct essential business processes as they work from home.
The top business process outsourcing trends continue to be an increased use of AI, increased use of business process automation and a larger move to the use of cloud services delivered from cloud platforms.
During the initial years, outsourcing was only used for basic processes such as data entry and payroll processing. However, as connectivity expanded and the technological skills of BPO companies advanced, businesses started outsourcing more and more processes/services. Today, you can outsource many backend processes and financial/operation functions such as invoice management, accounts payable processing, survey reporting, and utility bill management to name a few.
This has driven innovation and created new business process outsourcing trends and practices.
In the modern era of digitization, everything runs on data. As we make further inroads into the upcoming age of artificial intelligence and smart automation, the way we capture, extract and process data will undergo a drastic transformation and require smarter data entry services.
As more and more organizations digitize their records and more businesses start opting for real-time data processing, data entry services need to be well defined and incorporate strong process management aided by technology, especially in the outsourcing industry.
When searching for the right data entry company, it is important to ask the right questions to help determine the service and value of your potential outsourcing partner. For this reason, we answer some of the most commonly asked questions in this data entry FAQ to help deliver success for your outsourcing projects. Read More
Indexing plays a big role in ensuring the long-term usability and accessibility of your data. ARDEM completed the successful indexing of 100,000 large format drawings for a leading document management solutions provider. This milestone showcases our expertise in document indexing services. It also highlights the importance of accurate and efficient indexing in managing technical documents like engineering and manufacturing drawings. Let’s learn more about it. Read More