Strategic spending increases an organization’s profitability and makes budgets last much longer. But how do you transform from no organized procure to pay process to a full-fledged money-saver?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.
Five years ago, there was little price difference between paper and digital invoice processes. So much has changed that digital invoicing is now less than half the cost of its paper equivalent.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.
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?Read more
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.
The current legislative landscape for data protection across the European Union is fragmented, causing confusion to organizations and individuals. This will drastically change when in May 2018 a new European privacy law is due to take effect.
In short, robotic accounting ensures that invoices are posted to the accounting system without human intervention and without errors. Find out what’s possible and what steps your organization can take to become a true robotic accounting powerhouse.
A few things to consider first Back in 2011, at the time of the WSJ statement, going digital could hardly be considered a buzz term. More than 2 billion people worldwide had access to the internet, of which a massive 845 million used Facebook. The internet had already become a basic need for an entire generation that had never known a time without it. But while consumers fluently embraced paperless communication years ago, many companies today still find it difficult to go full-on digital. A three-year..