Document Management Blog



Successful Digital Transformation Guidelines in New Levvel Research Report

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Successful Digital Transformation – In its 2019 Guide to Procure-to-Pay & Digital Transformation Report, Levvel Research examines the current state of adoption as well as the key technologies and the emerging technologies that will benefit organizations’ digital transformation initiatives. What is digital transformation? According to Levvel, the three key elements include: Digitizing analogue processes to create a new, enhanced method or experience Automating processes in the back office to reduce costs across departments Changing or creating new business models While each of these initiatives may be pursued independently, they can drive more additive business benefit when pursued collectively. Procurement and … Continue reading


What I Learned About HR and Digital Transformation from Martha Stewart at the SHRM Show

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Okay, so I didn’t actually get a chance to talk to either Martha Stewart or Lionel Richie — despite being under the same roof with them (along with 20,000 others) at the recent Society of Human Resource Management (SHRM) conference in Las Vegas. The HR technology landscape is massive and crowded – as is the SHRM show. And that’s why we were so excited to experience a significant amount of booth traffic at the event. Summarizing the key business drivers that brought many SHRM members to our booth, they include: 1) the need for centralization and ease-of-access to information contained … Continue reading


What is Order Management?

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Order management, sometimes referred to as sales order automation or sales order processing, enables today’s companies to meet customer demands for a rapid quote-to-order-to-delivery process while removing mountains of paper from legacy ordering processes, producing significant organizational efficiencies. A digital order management system helps coordinate the aspects of a firm’s order fulfillment process as well as the administration. It includes order entry, tracking and processing orders, and organizing fulfillment from the initial order entry to shipment of the product. It also manages additional data from customers and sales teams. A quality order management system enables a company to achieve a … Continue reading


Accounts Payable Pain Points

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Manual processes create a lot of accounts payable pain points for organizations of all sizes.  In its 2019 Payables Insights Report, Levvel Research found that the top pain points across North American organizations include: Manual data entry and inefficient processes Manual routing of invoices for approvals Lost or missing invoices Majority of invoices received in paper format Lack of visibility into outstanding liabilities High number of discrepancies and exceptions Inability to approve invoices in time to capture discounts Decentralized AP processes Levvel found that organizations eliminate accounts payable pain points by automating their processes to create an invoice environment with … Continue reading


Accounts Payable Trends

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Rather surprisingly (or not), accounts payables trends in North America show that many organizations are behind those in other countries when it comes to digital transformation and back-office digitalization.  That’s one of the observations in the 2019 Payables Insight Report from Levvel Research, sponsored in part by DocStar. Levvel Research finds that the lag in North America is greatly due to differences in tax structure and regulation.  In Europe and Latin America, the use of electronic invoices is regulated to ensure compliance with value-added tax laws.  In North America, taxes are primarily based on sales and income. There is some … Continue reading