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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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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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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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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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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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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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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Everyday business processes make it important to convert documents from one type to another. Lots of incoming paper-based documentation will have to be digitized and entered into a centralized database. For this to happen, document scanning will need to occur. Relying on a professional document scanning service is the best way to speed up the
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Working from home used to be the exception rather than the rule prior and the Covid-19 pandemic. The coronavirus crisis, however, created a brand new work-from-home economy that’s probably here to stay. Data shows that an astounding 42 percent of the workforce had been working from home full-time. And this trend isn’t just a short-term
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Law firms are especially susceptible to data leaks and hack attacks. One of the most notorious examples from 2020 has 193 legal companies being affected by an advanced breach. The information exposed during the breach included law firm staff details and additional sensitive information. This occurrence shows once again why legal companies are often criticized
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