Sergey Jermakov

At the end of the day, what really matters in business is the bottom line. To achieve great results, you want to make more money or spend less, and the smartest companies do both. Today, we're going…

Since the 2008 financial crisis, a lot of businesses have used lean management to increase cost-effectiveness, customer satisfaction, and staff engagement at the same time. Many programs have had a significant influence on all of these dimensions.…

According to a study by Supply Chain Brain, 80% of the classic old processes in procurement can be eliminated with the help of automation. You can skip paper storage, Excel tracking, and other purchase order procedures.

Research suggests that the cost of entering data by hand is 13 to 31 times higher than the cost of automating the process. Most of the time, you have to process the documents by hand, which takes…

The typical office worker reads more than 10,000 pages of documents a year, with 45% of those being useless after just one day. Also, the average worker spends 30–40% of their time looking for specific documents or…

The insurance industry processes approximately 97% of its data in an unstructured format. The unique words, acronyms, and abbreviations in the adjuster's notes are where you can find the most important information. A report by Gartner Insurance…

The logistics industry requires a lot of paperwork, which means that a huge number of records are kept. Poor payment practices are causing friction in the supply chains of US businesses. The average business in the United…

It's crucial to understand exactly how invoices are moving through your company. Consider where the invoice is received, how it is sent to accounts payable (AP), how it is validated, and how long the process typically takes…

Have you imagined going paperless, whether it’s for day-to-day operations, communication, or financial records? Let's say that all paper invoices, receipts, and other business papers are scanned and recycled as soon as they arrive. No matter how…

We literally can sense the irritation that goes hand in hand with endless back-and-forth document exchanges during client onboarding. If you're in fintech – whether it's a bank, P2P platform, payment platform, or broker – you're all…