What is Quote-to-Cash For a sales process to be accurate and efficient, it must be designed to include every aspect of the sales cycle, from the initial engagement through the final purchase. Quote-to-cash aims to solve this by creating a cohesive, connected process that considers every step of the sale—from the sale to the transaction …
Intelligent Process Automation (IPA) Use Case: Quote-to-Cash Read More »
Inventory management is a critical component of operations for many kinds of businesses. In a world where consumer demand and expectations have never been higher, it can be the lifeblood of an organization. While the nuances change, generally, inventory involves multiple people and systems, and sometimes even various locations. Add to that an increasingly complex …
Intelligent Process Automation (IPA) Use Case: Inventory Control Read More »
Intelligent process automation, also known as intelligent automation or simply IA, promises a lot of potential benefits for business users, from operational efficiencies in accounting to improved reporting for sales to optimized inventory management and control. Discussing benefits in hypotheticals is one thing, but truly understanding the value of technology often takes a good example. …
Real World Use Cases For Intelligent Process Automation (IPA) Implementation Read More »
As robotic process automation (RPA) gains a foothold in industries across the globe, business leaders are learning about opportunities to take process automation even further with artificial intelligence and cognitive automation, a.k.a., intelligent process automation or IPA. Our latest white paper takes a look at the journey from RPA to IPA and discusses some critical …
For the last few decades, the concept of agile development has become a ubiquitous concept among developers from organizations large and small. The idea of shaping the process as you go, as opposed to building up to a grand finale, helps deliver incremental wins that are intended to ultimately drive better results. With robotic process …
In a recent publication, McKinsey took a look at how the effects of COVID-19 played out in the business world. In it, they not only take into account the massive economic chaos that accompanied the pandemic, but also the dynamics of the workplace environment and the role technology played in it all. Beyond the general …
2020 Takeaways: 3 Big Places to Focus as You Plan Ahead Read More »
So here we are again, as we were in 2019, with a blog post on predictions for the upcoming year. It’s a good time to reflect on the year past and look ahead to what the future might hold. In that vein, we have laid out a few of our top predictions for process automation …
As the new year approaches it’s natural for technology companies to reflect on their respective industries. Not surprising, as it’s a good time to forecast the market landscape, strategize business goals for the coming year and address how best to accomplish them. At EPSoft, we too find the beginning of the year to be a …
According to a 2018 report by the McKinsey Global Institute, by 2030, some 14% of the global workforce—375 million workers—may have to change occupations or industries as a result of disruption from automation and artificial intelligence. McKinsey says the shift is as significant as it was when humans went from predominantly agriculture work to manufacturing, …
PART 1: Retraining the Workforce: Best Practices for Upskilling Workers Read More »
When it comes to upskilling your workforce in preparation for process automation, there are several approaches you can consider. You can do a company-wide initiative aimed at educating everyone at the same time. This would involve training courses designed for the organization as a whole, getting everyone up to date with skills and awareness as …
