Modern businesses need solutions that drive measurable value. When it comes to technology, the stakes are even higher. Before considering any new implementations, today’s leaders need to see the potential for clear, business-specific value-adds. And with good reason! Technology can be a big-ticket investment, and change is hard. If you’re making that kind of investment, …
Introduction As business technology has evolved and advanced, we’ve learned how to apply the same ideas in different ways to reach different goals. Sometimes we use different technologies to reach the same goals. Unfortunately, this makes the terminology extra confusing because there is a lot of overlap. In process automation, this is especially true! Looking …
Understanding Business Process Management and RPA Read More »
The financial close process and other month-end reporting processes have long been critical components of business operations. From data entry to invoice processing to reconciliations, accounts payable and more, there are many financial tasks well suited for automation. Today, automation technology is transitioning from trendy tech to mainstream necessity, and as such, businesses everywhere are …
The Biggest Financial Cost of Forgoing Automation According to CFO Survey Read More »
The technology industry has no shortage of acronyms in its lexicon. Today we take a look at two key terms—business process automation (BPA) and robotic process automation (RPA) to determine what these technologies and strategies offer, how they’re similar, how they’re different, and how businesses can leverage them for process automation, and ultimately digital transformation. …
A Brief History of Automation Technology Much like human evolution, we can look back at modern technology and see a lineage of predecessors, “prehistoric” machines, software, servers and concepts that helped shape today’s tech landscape. Some might argue we can even trace the philosophical ideas of artificial intelligence back to the ancient Greeks, pointing to …
Process management is very much enjoying a rise in popularity. As businesses everywhere feel the urgent need to accelerate digital transformation, process management comes into sharp focus as a primary area for improvement—and one with valuable opportunities for ROI. While business process management continues to be a key area of emphasis for businesses, techniques like …
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 …
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 …
Integrating new technology involves considerable research, effort and investment. Whether you are thinking of automating a single process or implementing automation enterprise-wide, the first question is likely centered around the Return on Investment (ROI). If this is the case, you are not alone, as many enterprises seem to be grappling with this question. From clarity …
ROI for Process Automation: Do your metrics reveal the complete picture? Read More »
