The Increasing Role of Automation in Finance and Accounting

[vc_row type=”in_container” full_screen_row_position=”middle” column_margin=”default” scene_position=”center” text_color=”dark” text_align=”left” overlay_strength=”0.3″ shape_divider_position=”bottom” bg_image_animation=”none”][vc_column column_padding=”no-extra-padding” column_padding_position=”all” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_link_target=”_self” column_shadow=”none” column_border_radius=”none” width=”1/1″ tablet_width_inherit=”default” tablet_text_alignment=”default” phone_text_alignment=”default” overlay_strength=”0.3″ column_border_width=”none” column_border_style=”solid” bg_image_animation=”none”][vc_column_text]In these changing times, automation is helping companies and financial institutions improve and accelerate everyday finance and accounting operations while offering greater transparency into individual processes.

How Automation Will Drive BPO Success In the Future

The global business process outsourcing market is expected to grow by 105.49 billion USD between 2020 to 2024 and this spike in numbers can be attributed to the transformation brought about by automation. 

How Business Process Automation Generates Higher ROI

In today’s world, technology is the single unifying factor that is transforming everything, from the way we carry out everyday essential tasks to the way we work, share and collaborate. If steam power was the driving force behind the industrial revolution, then advanced, cognitive automation can be rightly called the driving force behind the digital… Continue reading How Business Process Automation Generates Higher ROI

How to Build Supply Chain Resilience

The COVID-19 pandemic has created a series of rippling effects, impacting not just the healthcare system but also disrupting the global economy and growth trajectory. One such major disruption can be seen in the disturbance of the supply chains. Therefore, the need of the hour is to build supply chain resilience. The current situation isn’t… Continue reading How to Build Supply Chain Resilience

Presenting the Digital Workplace of the Future-The ARDEM Collaboration Platform

While we may be dealing with the resonating effects of the COVID-19 pandemic for the next 2 years to come, one of the biggest changes the current situation has brought about is the increased demand from businesses for a digital workplace that is suited to their needs. The ongoing crisis and the corresponding need for… Continue reading Presenting the Digital Workplace of the Future-The ARDEM Collaboration Platform

5 Reasons To Outsource Your Invoice Processing Services

Is invoice management taking up most of your accounting department’s time? Do you constantly find yourself having to deal with delayed payments while struggling to clear an ever-increasing invoice processing backlog? If so, then it’s high time you adopted a smart solution to streamline your processing workflow and outsourced your invoice processing services.

Top 10 Business Process Outsourcing Trends in 2020

Outsourcing can be called the combined creation of the modern era of global trade, improving geopolitical relations and worldwide internet connectivity that enables collaborations and integrations across cities, countries and even continents.  During the initial years, outsourcing was only used for basic processes such as data entry and payroll processing. However, as connectivity expanded and… Continue reading Top 10 Business Process Outsourcing Trends in 2020

Managed Services: To Manage or Not to Manage

When outsourcing work that you are currently doing in-house a decision has to be made. Do you want to only hire out the people doing the task, or, are you looking to outsource the complete process as managed services?

How to Create a Bot for Processing Survey Data

Surveys are created to collect data responses from your selected audience. Data could be collected from different population segments. Employee satisfaction surveys from employees. Customer responses for market studies. Patient Satisfaction surveys from patients receiving services from Providers. And so on. So how does ARDEM create a bot for processing survey data?

Can OCR Automate Your Invoice and Utility Bill Processing?

OCR (Optical Character Recognition) works by converting images of handwritten or printed text into machine-encoded text. This text is made readable by machines and aims to automate data extraction through data capture technology. While this technology is used widely today,  it does require some manual effort in order to produce the highest amount of accuracy,… Continue reading Can OCR Automate Your Invoice and Utility Bill Processing?