After the long weekend, catch up with some of our favorite articles from last week.
Our blog post compares the life of Jack Bauer to how we can maximize business productivity in the workplace. “Speed, flexibility, on-demand service and availability are the goals of Business Process Automation (BPA) and are the keys to real business agility. When you implement automation across your business you not only improve communication and transparency, you can also achieve significant cost savings, improve customer support, and streamline sales and fulfillment cycles.”
This article looks at a recent Gartner study and what is implied about cloud ERP systems. Certain trends are becoming more prominent, such as industry specific ERP and time and cost benefits. “ERP implementations are not for the faint of heart. The on-premise arena is strewn with massive investments that tied IT up in knots for years. More than a few had to be scrapped. A big part of cloud ERP’s appeal, therefore, is that organizations won’t have to throw as much time and money at what is likely to be their biggest ever IT project… Cloud ERP reduces the time and cost of maintaining infrastructure. Less money spent on IT means a lower cost of product delivery, enabling businesses to get a competitive pricing edge and/or higher margins. This also frees up dollars to devote to hiring, R&D and other growth initiatives.”
Continuing with lists, this article goes over the most notable benefits of paperless AP processing. There are two main types of advantages a business can get from paperless processing: operational and technological. “To stand out in today’s competitive world, businesses need to constantly be on the lookout for new ways to eliminate redundancy, streamline processes and operation more efficiently. As a core function of every business, F&A in particular must make an effort to reflect the latest practices. The move from traditional paper-based invoice processing to paperless invoice processing provides organizations with the opportunity to realize a range of operational and technological advantages.”