How to Implement a Digital Mailroom
Every business wants to do more with less in these uncertain economic times. Implementing a digital mailroom solution is one way that businesses can streamline...
Document Digitization: 6 Reasons to Digitize Documents in 2023
Documents are essential to the day-to-day operations of any business. From record keeping and communication to legal compliance and knowledge management,...
Invoice Processing Software: What it is and Why Use it
If there’s one lesson that businesses of all sizes have learned over the past several years, it’s that their supply chain matters. Processing the...
Loan Processing 101: The Basics and Best Loan Processing Tools
Few business processes are as burdensome as loan processing. The way that most loans are processed is costly, time-consuming, error-prone, and labor-intensive....
What is Accounts Payable Automation?
No finance and administration tasks are as onerous as accounts payable (AP) processing. According to the Institute of Finance and Administration (IOFM),...
What is a Digital Mailroom and What are its Benefits?
Despite the growth of email, organizations still receive lots of information through their mailroom. Whether the information is from customers, suppliers, or...
What Does Return Mail Processing Mean?
Any organization that mails documents is bound to have return mail – mail that is undeliverable. Whether the sender is a business, government entity, or...
What is Optical Character Recognition (OCR) Software?
Keeping up with all the documents and data that an organization receives can be overwhelming. Back-office staff wastes lots of time keying (and re-keying!)...
Top 6 Accounts Receivable Benefits
Cash is the lifeblood of any business. Businesses depend on cash for purchasing materials and finished goods, manufacturing and distribution, facilities...
What is a Lockbox Payment and How Does it Help Businesses?
Cash flow means more in uncertain economic times like these. Businesses need cash to purchase raw materials, market and sell their products, manufacture and...