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A Comprehensive Guide to Scanning Financial Documents for Easy Digitization

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The digital transformation of the financial department is essential to move a business forward. The financial department handles a big number of documents on a daily basis. Paper-intense processes can be quite cumbersome and they’ll definitely contribute to productivity reductions. Moving to digital document management makes a lot of sense, reducing the risk of human […]

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Outdated Document Management Practices

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The world of document management is evolving rapidly. New technologies and solutions have enabled a ton of automation and the introduction of paperless processes in the workspace. Unfortunately, many businesses are still reliant on outdated document management practices that are bringing down productivity and increasing the risk of costly errors. Stats suggest that knowledge workers

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Digital Mailroom as Effective Document Processing Solution

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Businesses have been transformed forever since the start of the Covid-19 pandemic, a McKinsey & Company report suggests. Many were pushed over the technology tipping point, a process that sped up digital transformations and the adoption of innovative solutions. The digital mailroom is one such solution that’s more prominent than ever before. You may think

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Best Ways to Engage Employees in a Business Digital Transformation

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Did you know that 70 percent of companies already have a business digital transformation strategy in place?  There are many reasons why such a switch is happening. According to 56 percent of CEOs, a digital transformation has contributed to an increase in revenue. In addition, digital pioneers are 64 percent more likely than other companies

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Top Digital Document Management Guide for Finance Businesses

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Carried out only two years ago, The State of Intelligent Information Management report paints a troublesome picture in the worlds of financial service provision and insurance. The report suggests that 91 percent of industry representatives believe their information and data management strategy is in need of modernization. In addition, 93 percent of the respondents claimed

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What Is Automated Data Entry and Can Your Business Use It

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Data entry is a cumbersome, often time-consuming process that most companies out there cannot eliminate. The good news is that like most other repetitive procedures, data entry can be automated. Manual data entry comes with many direct and indirect costs. The median hourly wage of data entry keyers is 16.56 dollars. Most businesses estimate that

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5 Most Important Business Benefits of a Paperless Workflow

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Working in a paperless office makes sense both finance-wise and in terms of efficiency. If you’re just about to start introducing completely paperless workflows, however, you may be wondering about the key advantages for your business. There are numerous specific benefits that such workflows can bring to the table, especially if they are tailored to

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Crucial Questions to Ask Before Buying a Digital Document Management System

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Getting a brand new digital document management system can streamline and improve so many processes. Did you know that providing your employees with the right tools will rank among the biggest productivity contributors? High quality software is definitely essential and luckily, you have many options to choose among. When looking for a brand new document

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Important Things You Need to Consider Before Moving to a Digital Mailroom

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An entire year has passed already, showing the world that preparedness for all kinds of emergency scenarios is important. In the business world, such preparedness can make all the difference between continuous operations and having to take a break in order to adapt. Over the course of 2020, a digital mailroom has established itself as

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