How to Annotate & Mark-Up PDF? Complete Step-by-Step Guide
[vc_row][vc_column][vc_column_text]Annotating PDFs is part of our daily routines. So the question is: How to annotate a PDF in the right way? Reviewing a PDF can be lengthy and time-consuming. This is why a PDF annotator can be a rather convenient tool to suit all your needs. So what does it really do? Instead of sending […]
Intelligent Process Automation (IPA): Definition, Benefits & Use Cases
[vc_row][vc_column][vc_column_text] What is Intelligent Process Automation (IPA)? Intelligent Process Automation (IPA) refers to the use of artificial intelligence and machine learning capabilities to automate processes and tasks that were previously performed by humans. It combines robotic process automation (RPA) with other technologies like natural language processing and cognitive automation to create a more advanced and […]
Document Archiving: Definition, Benefits, How it Works, Use Cases
[vc_row][vc_column][vc_column_text]Here’s why document archiving is an important process: On an average, a typical American worker goes through 10,000 sheets of copy paper per year. Unfortunately, when employees can’t find what they need quickly and easily, businesses become 3x prone to inaccuracies, inefficiency, and risk of data loss. Organizing documents manually is a time-consuming task. However, […]
What is Cognitive Automation? Complete Guide for 2024
[vc_row][vc_column][vc_column_text] What is Cognition Automation? Cognitive automation is the strategic integration of artificial intelligence (AI) and process automation, aimed at enhancing business outcomes. It encompasses of many techniques like Natural Language Processing (NLP), Machine Learning (ML), Robotic Process Automation (RPA), Cognitive Computing, Computer Vision and Predictive Analytics, that empower automation to efficiently capture, utilize & […]
What is Trade Finance? Definition, Benefits, and How it Works
[vc_row][vc_column][vc_column_text] What is Trade Finance? Trade finance refers to a variety of financial instruments and products, including letters of credit, bank guarantees, export credit insurance, documentary collections, and trade credit. These tools help businesses manage risks associated with international trade—such as currency fluctuations, non-payment, and political instability—thereby safeguarding their financial interests and ensuring smoother business […]
Complete Guide to Data Automation for 2024
[vc_row][vc_column][vc_column_text]Data automation helps businesses to manage operations without putting extra efforts. It efficiency and productivity, by reducing the risk of human error, and automating repetitive tasks such as data entry, etc. Let’s understand what is data automation. What is Data Automation? Data automation is the use of technology such as machine learning, artificial intelligence, and […]
Invoice Processing: Definition, Challenges and Automation
[vc_row][vc_column][vc_column_text]Companies frequently order and sell raw materials, goods, services, etc., in bulk. When buying and selling goods worth hundreds and thousands of dollars, it is crucial to ensure that payments are made on time. There should be no discrepancies or inaccuracies in the invoice as it may negatively affect business relationships and the influx of […]
Best Document Scanning Software
Businesses are getting buried in paper documents constantly. In addition to other expenditures, they now have to spend on labor for monotonous and tedious tasks such as maintaining, and organizing these documents, and manual data extraction and entry. With so much paperwork piled up, mistakes and inaccuracies also keep recurring. At times, small inaccuracies may […]
What is T12 in Real Estate and How to Calculate It? A Step-By-Step Guide
What is T12 in Real Estate? T12 in real estate stands for “Trailing 12 Months,” a breakdown of a property’s income and expenses over the past twelve months. It is a financial document used to analyze the financial performance of income-producing properties. To calculate T12, sum up the income and expenses over the previous 12 […]
Automated Invoice Processing: A Step-by-Step Guide
Accounts payable teams frequently face the challenge of handling invoices. These invoices arrive in diverse formats, including paper documents, digital PDFs, scanned files, and emails. In today’s fast-paced and highly digitized world, efficiency is the key. Businesses aim to reduce manual efforts, minimize errors, and enhance efficiency. This blog explores the solution: Automated Invoice Processing. […]