Document Management Blog

Currently Browsing Tag: Aberdeen

Mission Possible: Reinventing Invoice Automation

Category: Blog   |   Tags: , , ,

Accounts Payable (AP) is growing in importance in the fast-paced business world. However, due to outdated technology and manual invoice processing, many AP departments are unable to evolve from cost center to value generator. Aberdeen Group’s survey report, “Reap the Benefits of Invoice Excellence with AP Automation,” highlights the state of AP Automation today. Aberdeen reports that forty percent of respondents said that the need for real-time availability of data is a top challenge in AP, and twenty-nine stated difficulty locating and managing paper-based documents. AP teams need to be able to jump into next-generation invoice automation keep up with … Continue reading

The Evolution of Content Management for Human Resources

Category: Blog   |   Tags: , , ,

6 Ways Document Management Solutions Improve HCM at SMBs It is a common misconception that Document Management Software (DMS) is accessible only to big businesses. However, with today’s flexible, scalable solutions, this is not the case! DMS is now affordable and practical for small and medium size businesses. And with cloud document management, it’s becoming the choice of businesses looking to cut costs through reduced IT and hardware cost, improved business efficiencies, and lowered operating costs like paper and printer-related expenses and storage. Electronic document management software solutions were developed to eliminate the mountains of paperwork that accumulated throughout a business’s … Continue reading

Automation Benefits AP Department Performance

Category: Blog   |   Tags: , ,

When a company increases accounts payable it generally means there is also an increase in products or services. Businesses should aim to increase efficiency while also increasing output. A common predicament is having to deal with the growing number of transactions without losing productivity. A recent survey conducted by the Aberdeen Group reported the following: 42% of respondents stated that they need to be able to better manage their growing number of transactions 35% said they needed to “expedite financial information delivery” 40% listed the need for real time availability of data as a major challenge 33% had problems processing … Continue reading

Improving Human Capital Management with Document Management Software

Category: Blog   |   Tags: , ,

Human capital management:  Small and medium businesses no longer have a reason to put off implementing document management software solutions. At an affordable price point, DMS gives even a small business a fast return on investment in cost savings and productivity improvements. In a recent article on Aberdeen Essentials, DocStar VP of Marketing Jeff Frankel weighed in on how HR professionals can see improvements across the entire employee lifecycle  and human capital management with document management software. Here’s an excerpt and be sure to read the article in its entirety on Aberdeen Essentials. “In the Human Resource department, unique requirements for … Continue reading

Your Top 5 AP Automation “Must-Haves” for the New Year

Category: Blog   |   Tags: , , ,

For your business, the must-have for 2015 is AP Automation. On the ERP Software Blog, we’ve discussed Developing an ERP Strategy for Long Term Success, how to Gain Support for Automating Your AP Process in 5 Easy Steps and Preventing AP Automation Disaster with the Right Strategy and Planning. In each of these blogs, I’ve highlighted how utilizing the right strategies for investigating, implementing and integrating AP Automation software can result in the best outcomes not only in managing your AP, but also in your overall ERP performance. Now that you are ready to delve into selecting the right AP Automation … Continue reading