Blueshift’s Post

48% of invoices are still received manually today. Take a second to comprehend that. One of our clients receives ~8 million invoices annually. 48% would mean 3.84 million invoices must be manually posted, keyed, converted or extracted in some way before any checks can be performed. Not only is manual processing an outdated and costly bottleneck, it carries significant operational risk which limits the ability to truly scale up. With Open Account Automation, we've helped transform this process into a streamlined, digital workflow, reducing errors, saving time, and enhancing overall efficiency. Get in touch with us to understand more about #OpenAccountAutomation > www.kanexa.net *stat from Ardent Partners Report: "AP Metrics that matter"

Great report for those looking to optimize their AP processes and increase their automation for increased ROI in their workflows.

Our recent poll revealed common AP automation opportunities to prevent supplier payment delays, crucial in industries like manufacturing where delays can extend up to 45 days! 😱 Payment delays not only strain vendor relationships but also have downstream impacts on the supply chain. Discover how automation improves AP efficiency from our CFO, Jim Goudie. Swipe to witness automation in action or visit spenmo.com to empower your finance team with AP automation. #automation #latepayments #accountspayable #apsoftware

🛡️ Empower Your Insurance Operations with ERPNext! Streamline your insurance workflows with a unified platform that integrates policy management, claims processing, and customer data—all in real-time. 🕒 ERPNext simplifies operations, enhances regulatory compliance, and improves customer satisfaction through faster claim processing and efficient service delivery. 🔑 Key Features: 📋 Seamless Policy Management 💼 Faster Claims Processing 👥 Centralized Customer Data 📊 Real-time Access to Key Metrics ✅ Enhanced Regulatory Compliance Stay ahead in the insurance industry with ERPNext’s powerful, flexible solution. Improve operational efficiency and deliver exceptional service! 🚀 #ERPNext #InsuranceTech #ClaimsProcessing #PolicyManagement #CustomerSatisfaction #RegTech #BusinessEfficiency #inshasis

🏆 Have you already heard that Serrala was named a leader in AP Automation? Discover why Serrala earned top marks in QKS Group’s SPARK Matrix™️ for Accounts Payable Automation—highlighting AI-driven invoice capture, real-time tracking, and advanced fraud detection. 🔗 Read the QKS Group's blog: https://lnkd.in/dJWJg6Bi 🔗 Download the full report to discover the latest trends in the global Accounts Payable Automation and get insight into market dynamics, leading vendors, and competitive positioning with the SPARK Matrix™️ https://lnkd.in/d_GtEHa3 #APAutomation #Serrala #DigitalTransformation #FinanceInnovation

Q2 2024 BPO QUARTERLY UPDATE: Outsourcing is crucial in enhancing customer care and reducing costs, especially during economic downturns. Currently, 55% of companies outsource part of their customer care operations, and half of these companies plan to increase this outsourcing to focus more on core activities and extend services beyond traditional non-core operations. Learn more insights, see trends and recent transactions, and discover the M&A outlook for the rest of the year in our latest update, https://bit.ly/45WI7sJ #BPO #MandA #CapitalRaising

Are you still plagued by procurement delays? #mjPRO, the AI-powered procure-to-pay software, makes your RFx management, supplier evaluations and document processing fast and effective, reducing procurement time by more than 50%. Automate your entire procurement process & workflows with mjPRO, allowing your team bandwidth to focus more on strategic tasks. Interested in making procurement faster by 50%? contactus@mjunction.in #costeffective #CostSavings #ProcurementLeaders #SourceToPay #eProcurementSystem #savings #ReportingTools #DataAnalytics #reports #Supplier #SpendAnalytics #SpendData #TechnologyAdoption #supplierevaluations #Automation #PRtoPO #ProcurementAI

Our recent poll highlighted key AP automation opportunities to prevent supplier payment delays, which can extend up to 45 days in industries like manufacturing! These delays not only strain vendor relationships but also disrupt the entire supply chain. Discover how automation can enhance AP efficiency in insights from our CFO, Jim Goudie. Swipe to see automation in action or visit spenmo.com to empower your finance team with AP automation. #automation #latepayments #accountspayable #apsoftware

In essence, processes are vital for your business to operate smoothly, whether it's managing supplier payments, introducing new products, or delivering customer service. However, understanding and optimizing these processes is becoming increasingly challenging. The growing workforce, narrow profit margins, and evolving technologies all contribute to the complexity of daily operations that require unraveling. By using ARIS, you gain a true understanding of your organization's operations and unearth its potential. Delve into detailed process insights, streamline your operations, and ensure business success. Keen to give it a go? Start with a complimentary trial: https://bit.ly/3D4H5x8 #BPM #BusinessTransformation #ProcessExcellence #BPA

Did you miss our BPO webinar? Don't worry! You can still learn how to diversify your offerings and remain competitive as your customer's scanning needs evolve today. Watch the recording ▶️ https://bit.ly/47qwB9H #kodakalaris #BPO #intelligentdocumentprocessing #IDP #intelligentautomation #documentcapture