As a document management software provider we write a lot about the benefits of the paperless office, the paperless process – I posted a blog last week, Going paperless – from the individual to the business and the previous week wrote about Storing documents – legal requirements and how to solve the paper-mountain issue. The benefits of converting paper documents
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Last week I decided to open a new gym membership.”No problem,” they said, “just bring some proof of identity – driving licence and a utility bill will do.” So, no problem, I thought, until looking through my filing cabinet I realised I didn’t have a utility bill – not a physical piece of paper I could actually pick up and
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Spring is finally here – and usually that means it’s time for a ‘spring clean’, not only at home but in the office too. But even just thinking about clearing out the office can be daunting, not least due to the hundreds of papers that will need sorting – documents such as invoices, receipts, credit card statements, expense forms and
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The role of procurement has changed over the last several years; it is now becoming an important part of the business strategy as substantial amounts of money is being spent on organisational purchases. For many organisations though, requisitioning and ordering of goods and services is a very paper intensive, inefficient and costly process. Finance leaders are recognising that there is
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Fraud is always a popular topic in the business world, as it affects millions of companies a year. According to the 2012 Report to the Nations fraud costs $3.5 trillion worldwide! Businesses need to be able to protect themselves from becoming a fraud victim, as it affects not only large companies but smaller ones too. According to the report, fraud
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Invoice Management is one of the fastest growing areas of document management as the “paperless” office is becoming more than a dream for many organisations. Solutions such as Documation’s Invoice Management Solution (IMS) have helped to transform efficiency and productivity. Many AP departments, which have invested in IMS, have reduced manual data entry as well as saving on time and
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Recently there has been a great deal of discussion surrounding invoice fraud and how much money it is costing tax payers. According to a new report by the Cabinet Office (Eliminating Public Sector Fraud), the public sector lost £2.3 billion last year to fraudulent purchasing activity, with multiple invoicing being the main offender. Research shows that companies pay 23% of duplicate invoices, 26%
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Document management is becoming one of the fastest growing areas of investment within organisations; and it’s clear to see why. The benefits of control and efficiency, combined with the potential for huge cost savings, are too large to ignore. Simple File & Find solution: Do you store a lot of paper? If so then a simple file
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