Automation

Accounts receivable (AR) is considered one of the most significant functions of a business. When customers pay for their purchases on credit, the AR department is responsible for receiving, collecting, and controlling these payments. Without such critical payments,…

There are many things Excel automation can do for users to work with an Excel workbook better. For example, automate the process of filling in data from a big Excel file with around 6,000 records of complex…

In the field of Intelligent Document Processing (IDP), Machine Learning (ML) models are increasingly being used to automate the process of extracting key-value pairs from different types of documents. These ML models are built by training on…

Accounts payable (AP) are the most critical processes of business accounting. Accounts payable are amounts due to vendors or suppliers for goods or services received but have not yet been paid. Intelligent document processing (IDP) brings significant…

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 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…

Description of the demand ConwayCS is a seller/lessor of shipping containers and logistics services in Latvia. The company occupies 30% of the Latvian market for the sale and rental of shipping containers. Due to the growing number…

Automated billing software is the most efficient way to manage your company's invoices. It can help improve efficiency at the workspace and make it easier for clients to pay their bills on time. Allowing your staff more…

The Portable Document Format (PDF) became one of the most popular digital formats for business documents. Many organisations use PDFs for holding contracts, reports, invoices, POs, receipts, claims, rebates, and other documents. It is getting more important…