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Articles By donald nason

Is The Increasing Move To E-invoicing A Reason For The Recent Improved Payment Performance In The Uk   By: donald nason
In a recent report on European payment trends, the business information provider Dun and Bradstreet reveals that payment performance in the UK has improved over the past year – and identifies the increasing move to e-invoicing as a possible factor behind this change. As it's long been recognised that late payments are in most cases caused by poor practice and inefficient and slow processing procedures prone to error, it would be hard to see why automating accounts payable (AP) processing and implementing a streamlined and efficient solution would not have a major effect on improving payment performance.(read entire article)
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Category : Hardware/Software

Automate Travel And Expense Processing And Make Savings As Well As Cut Fraud   By: donald nason
Companies who choose not to automate their travel and expense (T & E) processing could not only be missing out on potential savings but also losing the opportunity to cut down on travel and expense claim fraud – so says a recent survey. See how automating T & E processing can also bring other benefits.(read entire article)
View : 405 Times
Category : Hardware/Software

Adopting E-invoicing And Improving Business – As Recommended By The Eu And Uk Government   By: donald nason
A priority of the European Union's A Digital Agenda for Europe – one of the EU's Europe 2020's flagship initiatives – is to encourage the move to e-invoicing. In a recent report Lord Young, David Cameron's advisor on enterprise, advises SMEs to make greater use of technology, mentioning payment processing in particular, and praising the government for increasing its use of e-invoicing in procurement processing with SMEs.(read entire article)
View : 458 Times
Category : Hardware/Software

Storing Documents – Legal Requirements And How To Solve The Paper-mountain Issue   By: donald nason
Having to deal with mountains of paper documents can be one of the biggest problems facing an organisation. Paper documents are expensive to process, can be misplaced or lost – and further down the line issues arise concerning storage. Which is where a document management solution comes in – storing documents electronically, safely and securely, and providing instant access 24/7 to the users you authorise.(read entire article)
View : 430 Times
Category : Hardware/Software

Going Paperless – From The Individual To The Business   By: donald nason
Last week I decided to open a new gym membership.”No problem,” they said, “just bring some proof of identity – driving licence and a utility bill will do.” So, no problem, I thought, until looking through my filing cabinet I realised I didn't have a utility bill – not a physical piece of paper I could actually pick up and take down to the gym, because I've opted to go paperless and get my monthly bills and quarterly statements by email.(read entire article)
View : 383 Times
Category : Hardware/Software

Documents: Going Paperless, Staying Paperless   By: donald nason
The benefits of converting paper documents to electronic are indisputable – and so much greater than just the storing and access aspects. Automated workflow streamlines processing, enhancing process cycle times, and brings a whole host of BI (business intelligence) and management information benefits. And yet many organisations seem to be missing this trick – AIIM recently reported on the findings of a research paper highlighting that more than half the organisations surveyed said they retyped data from scanned images.(read entire article)
View : 387 Times
Category : Hardware/Software

Accounts Payable – To Automate Or Not To Automate? Are You Getting Ahead Or Just Getting By?   By: donald nason
An interesting report from the Payments Council highlights that as individuals financial planning is the task we are most good at putting off. Apparently only 5 percent of us have the topic at the top of our ‘to do' list. According to the social psychologist, Dr Gary Wood, who co-authored the report, this is because “Where finances are concerned we tend to be more reactive, than proactive... In short, we focus on getting-by rather than getting ahead.” This ‘if it ain't broke, don't mend it' approach can also overflow into business – take automating Accounts Payable (AP) processing.(read entire article)
View : 378 Times
Category : Hardware/Software

What Is Your Idea Of The Perfect Document Storage System?   By: donald nason
Do you have a list of ingredients which constitute your idea of the perfect document storage system? And before we go any further, I mean step away from specific types of system and ask how – in an ideal world – you would organise, store and access the documents that drive your business? People we speak to consistently put wanting to eliminate the paper – and automating will certain do this. But automating isn't only about the physical removal of paper. Automating also means streamlining processing – and in doing so ticking many of the other boxes on a perfect storage solution wish-list.(read entire article)
View : 352 Times
Category : Hardware/Software

With 73 Percent Of Incoming Correspondence Still Paper-based, Could A Digital Mailroom Help Your Bus   By: donald nason
“A number of today's businesses are now paperless by default at account inception, and some may even demand payment for printed versions of bills and statements.” This was a comment in an article posted by Document Media last week revealing that the move to paperless transactions is definitely growing. Nevertheless, it remains a fact that much of the communication in the business world is still received in paper format – we recently commented that this figure is 73 percent of documents received, with 62 percent coming through the post and 11 percent arriving as faxes.(read entire article)
View : 383 Times
Category : Hardware/Software

The Changing Role Of Procurement, The Changing Form Of Procurement Processing   By: donald nason
The role of procurement has been changing over recent years and developing into a far more strategic part of a business. With this change in perception of role has come a need for improved procedures and which has led to a growing move towards electronic processing. Could moving to electronic procurement processing bring benefits to your business?(read entire article)
View : 501 Times
Category : Hardware/Software