One of the problems with operational procurement is that the rules are not being observed. For an employee it is often easier to buy outside the books, simply because it is thought to be faster. This decentralized way of purchasing is disadvantageous for the purchasing department. Agreements with supplier favorable discounts are difficult to comply with if employees purchase decentrally.
Workflows are fundamental to the modern, process-based working method that many of us are used to today. Without workflows, which are representations of real work, it would be impossible to achieve the level of efficiency and output that humans collectively achieve. But there is a big problem with many of these processes; They require manual labor and lack smart automation.Read more
We have seen many adventurous years in our company, but few as adventurous as 2017. All the groundwork we did in 2017, will allow us to accumulate many more adventures in the years to come. But I predict that 2017 will be seen as the pivotal year which made all such adventures possible.
The accounting profession is as old as writing itself. It was only after we learned how to count that people started writing imaginative stories. Accounting is once again at the forefront of a revolution. This time it is automation, and, again, it is only the beginning.
Imagine what it would be like to automatically convert your Excel file into an order that is then digitally approved and paid without any manual intervention once all the goods have arrived. That would probably save a lot of time. And that is why we build it.Read more
Every type of software now has an equivalent cloud-version that is often better in many ways. This includes financial software for invoice processing like WorkFlowWise GO-Spend. Cloud computing is one of those rare technologies that is truly disruptive.
Technology has fundamentally changed our personal lives. How does this compare to the business life? Have organizations’ daily operations benefited equally from these technologies?Read more
Managing contracts becomes increasingly complex as the organization grows. Before you know it, large numbers of contracts are stipulated with preferred suppliers. With no system in place, the overview gets lost and out of control, resulting in an inefficient and costly process.
Optical Character Recognition (OCR) is a popular method of digitizing printed invoices. It allows a computer to understand the contents on the invoice, so that it can be booked and archived quickly and easy. There are two flavors of OCR that differ in the degree of automation and responsibility. We call them OCR-on-Premise and OCR-as-a-Service.Read more
Microsoft’s mission is to make the world more productive and collaborative, so that individuals and companies can achieve more. During its annual partner conference in Washington DC, the company made more than a couple of announcements and promises in line with their mission. We picked a few that peaked our interest.
Thirty-five percent of the jobs in the United Kingdom will disappear within 20 years as a side effect of robotization. With the rise of robotics it is expected that the job market will change significantly. Will the job administrative assistant still exist in 20 years? Or are the robots going to take over?
Every year some 16,000 Microsoft partners and employees travel to North America to be informed about new developments at Microsoft and within its eco-system. WorkFlowWise is selected to be part of a new initiative by Microsoft to pro-actively help different types of partners to forge partnerships to further grow the Microsoft Azure & Cloud adoption.