How small businesses get paid faster with invoice automation
Small businesses often get the short end of the stick compared to their big business counterparts. What they don’t have in bargaining power and influence they make up for in agility—but being better able to duck and dodge amidst shifting economies, new technologies and endless industry stop-and-go doesn’t pay the bills. And getting paid on […]
Reducing paper statements can save banks a bundle annually
Of all the benefits that digital technology can offer, an uncluttered lifestyle is topping the list. Instead of amassing record collections or stacks of CDs, we download hundred-song playlists to a pocket-sized digital device. Roomfuls of patient records, student data – entire libraries in fact, can now be accessed quickly and securely, in just a […]
6 Steps for lenders to simplify and speed up the mortgage approval process
Everyone involved in the purchase of a home knows that seeing a mortgage loan through to the finish line feels more like a marathon than a sprint. The sheer number of individuals and institutions that participate in the process makes it very complicated and time-consuming. But with today’s technology, it doesn’t have to be that […]
Embracing automated mortgage workflows
As lenders find themselves under increasing pressure to push for more transparency, and with growing emphasis placed on containing costs in mortgage originations, automated workflows are becoming a necessity. Via a solid workflow management foundation, lenders can meet increasing regulatory demands and mandates – and stay ahead of the competition.
A day in the life of an Accounts Payable clerk
The average Accounts Payable (AP) clerk will spend much of their time on manual, time-consuming tasks; checking mail as it arrives, identifying and sorting through invoices, getting approval, sending reminders and, if needs be, escalating cases.