Document Management Blog

What is Order to Cash?

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Order to Cash, commonly abbreviated as O2C, provides users with a process to follow an order all the way from initial order receipt through payment. Fully developed, O2C enables an organization to move automatically through these steps in the order process: Customer onboarding/sales order creation Sales order release and inventory reservation Packing and releasing items Shipping Invoicing Payment receipt More robust 02C systems will also trigger ancillary value-added processes outside of the O2C stream, including collections for late payments and follow-up marketing efforts. Order to cash is critical for organizations in an increasingly digital economy because the more efficient and … Continue reading

Enterprise Content Management ROI

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Enterprise content management ROI is improved by leveraging an ECM investment as part of a broader digital transformation effort.  That’s one of the conclusions of the new Levvel Research report “Tackling AP Automation with a Holistic Document Management Approach.”  Subtitled “The Scaling Company’s Guide to Using Enterprise Content Management (ECM) for Digital Transformation,” the report focuses on the reality of AP automation in the middle market, the advantages of a holistic ECM platform, and the business case for ECM, all based on primary research. Levvel Research defines the middle market as companies with $2 billion to $100 billion in annual … Continue reading

What Does AP Automation Cost?

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What Does AP Automation Cost? If you’re asking “what does AP automation cost?” you’re asking the wrong question. Some companies may have held off on investing in new AP technologies, viewing these initiatives as adding to the overall cost of doing business, but the cost of doing nothing can be far greater. Legacy AP accounting systems are costing companies serious money in terms of processing costs, labor, talent recruitment and retention, and missed opportunities. Full Frontal Invoice Processing Costs The full cost of processing invoices includes everything from labor, systems, outsourcing, overhead and various miscellaneous expenses. Though stats vary by … Continue reading

Epicor Insights 2019

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Epicor Insights 2019 is just around the corner, and this year features more DocStar sessions designed to empower DocStar ECM users. Epicor Insights 2019 takes place April 15-18 at the Mandalay Bay Resort and Casino in Las Vegas.  The DocStar sessions kick off on Wednesday, April 17th with a 9:30 a.m. welcome session. Why go to Insights 2019?  At Insights, you can: Learn more about the DocStar roadmap and what to expect in upcoming releases so you can take full advantage of new features and functionality Participate in hands-on lab sessions with DocStar experts to discover new ways to make … Continue reading

Mobile ECM

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Mobile ECM provides immediate and easy access to data. When applications first migrated onto the mobile scene, many were designed for personal use: communications, entertainment, banking, or basic online browsing. Today business is increasingly becoming mobilized and organizations are taking charge – enabling workers to do business anywhere, anytime – even when away from the office. As the digital revolution continues to deliver new efficiencies and more flexibility, leading Enterprise Content Management (ECM) systems are evolving to keep pace and help shape and support modern work requirements with mobile capabilities. And they are finding a large and receptive market: Two-thirds … Continue reading