Paper is here to stay. Despite the long-predicted promise of a paperless business, every enterprise continues to generate, receive and process large volumes of paper documents. Almost every enterprise across multiple industries struggles with at least one paper-intensive, document process...
This post provides a crisp overview of ECM for AP processes and offers some advice about your AP roadmap. I often use Accounts Payable (AP) processes as a measuring stick to see how ECM will fit an organization. It’s true that AP processes can be quite complex, embedded in a full...
Here’s the reference model we use to explain how ECM works with ERP systems to improve Accounts Payable (AP) and other processes. The reference model here is specifically for AP but it can apply to many similar processes. It breaks the process down into 9 different activities,...
As a follow up to my previous post , Aberdeen just released a study titled, “AP Invoice Management in a Networked Economy” . It’s a great study to use as a benchmark in your organization and should give you an idea if your accounts payable automation is truly automation ....
As corporations struggle to improve their financials and increase their ROI’s it would benefit them to take a hard look at what a company can do to improve the environment. Take these facts for example, based on each i nvoice it takes one average tree to produce 2778 invoices. With...
Every year in the document imaging space there is a new central topic of interest. It usually changes substantial from distributed capture, to SharePoint, to BCR ( Business Card Recognition ). However, there is one topic of interest that never changes in popularity and that is accounts payable...