In the dynamic landscape of business operations, finding ways to streamline processes and cut costs is crucial for sustained success. One area that often slips through the cracks, yet holds significant potential for efficiency improvement, is utility bill management. Read More
In the bustling realm of business operations, one often overlooked aspect holds the key to significant cost savings and environmental impact – utility bill management. This is not just about crunching numbers; it’s about engaging the human factor within the organization.
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In the ever-evolving landscape of business operations, simplicity, efficiency, and excellence are the guiding lights. As we step into 2024, the challenges of utility bill tracking and payment demand a streamlined and effective strategy that ensures precision without drowning in unnecessary complexity.
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In today’s business world, efficiency and cost management are key. Utility bill management is often overlooked, but it can save money and streamline operations. That’s where business process outsourcing comes in. Read More
In the pursuit of doing things better, managing your utility bills is a big deal for businesses. Thanks to the mix of technology and utility bill management! there’s a bit of a revolution going on in how companies keep track of, evaluate, and improve their energy use. In today’s super competitive world, businesses have to jump on the tech train to get an edge. Read More
Utility bills are an integral part of every business’s operational expenses. From electricity and water to gas and telecommunications, these bills are a significant portion of your budget. Efficient utility bill management is essential not only for cost savings but also for sustainability and responsible resource usage. In this comprehensive guide, we’ll delve into the key aspects of utility bill management. We will also share how partnering with ARDEM as a utility bill processing company can help you streamline processes and achieve optimal cost management. Read More
As data collection from utility bills moves beyond simply recording periodic usage to tracking consumption trends over a period of time for smarter energy management insights, utility bill outsourcing solutions also need to innovate and match stride with the changing times.
ARDEM was contacted by a utility tracking and energy benchmarking company to help them optimize data processing from incoming utility bills. The task at hand was to process data from over 11,000 utility bills and provide advanced analytics for smarter decision-making.
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, especially with utility bill auditing. Depending on the quality of the handwritten or printed text, OCR technology may choose a specific character based on what it determines is the best match. So how well does OCR automate your invoice and utility bill processing? Read More
