In a bid to address outgoing expenditures, many companies are deciding to downsize their offices or change location, in order to reduce their outgoings and boost profits. By digitising your data you can eradicate the need to transport bulky paperwork.
Just last month telecommunications business TalkTalk was fined £100,000 for failing to put in place security processes which would protect its customers from theft. Even though no data breach occurred, The Information Commissioner’s Office (ICO) has fined TalkTalk Telecom Group PLC after it failed to look after its customers’ data and risked it falling into […]
If you think paperless strategies only offer benefits to your organisation, your business may be failing to recognise that going paperless also offers an unlimited number of benefits to your customers.
Twenty years ago, customer retention strategies in the insurance business included doing fairly simple things like sending holiday cards or tucking a customer survey into an invoice. Fast forward five years and you were ahead of the game if you used email to make these same connections (bonus if you could personalize these engagements in […]
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.
Although many people automatically connect paper-free processes with the internet – the concept of a paperless society actually started life over half a century ago – before the emergence of the World Wide Web and the plethora of gadgets that we now use to access it. Back then, futurists predicted that technology would eventually see […]
Book-keeping and financial management can be a complex task for companies of any size, but businesses with a small number of employees may find it particularly difficult. A study by Hiscox found that many are still having trouble accessing finance – despite the introduction of lending schemes – while fewer small business owners are optimistic […]
For many years, there has been a common preconception that, while paperless processes would be hugely advantageous to the legal services sector, there are a number of obstacles that stand in the way of this workflow being adopted.