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Currently Browsing Tag: Digital Transformation

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

New Research Reveals the Key to Successful Midmarket Digital Transformation Begins with AP Automation

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With manual, inefficient, high-cost processes, accounts payable is an ideal starting point for digital transformation enabled by enterprise content management AUSTIN, Texas – May 9,2019 – Epicor Software Corporation, a global provider of industry-specific enterprise software to promote business growth, announced today new findings from sponsored research that provides insight on best-practices for digital transformation for midmarket companies, specifically how a focus on process improvement in accounts payable can provide cost and productivity windfalls to fuel expanded digital transformation efforts. The report from Levvel Research, Tackling AP Automation with a Holistic Document Management Approach: The Scaling Company’s Guide to Using … 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

Digital Disruption

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What is digital disruption? Digital disruption is the threat to existing business players and models that occurs when new digital technologies give rise to new business models, new competitors, breakthrough competitive advantage, and/or new goods and services that dramatically alter the competitive landscape. What is its effect on enterprise?  Digital transformation demands new and different investments across the enterprise, including in the areas of talent, technology, resource allocations, marketing technologies and programs, outside services, business process improvements, business policies, logistics, etc. Suffice to say, digital transformation isn’t an IT project, it’s the future of your business, and this requires widespread … Continue reading