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Outsource Accounts Payable: Save Time and Reduce Costs

Magellan Solutions

Partner with a trusted provider to unlock efficiency and cost savings. Keep reading for more informative details! Do you need help managing the workload and costs of this critical function? You’ll also benefit from outsourcing providers’ economies of scale and specialized expertise, reducing costs.

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Claims Management: How to Effectively Manage Claims and Reduce Costs

Automation Anywhere

To address this challenge, insurance companies can use Robotic Process Automation (RPA) and artificial intelligence to drive growth. The insurance industry has a high automation potential, with many areas for opportunities. This blog post will explore how insurers can effectively manage claims and reduce costs through automation.

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What Is Intelligent Automation?

Metasource

Intelligent automation (IA) is revolutionizing the way businesses operate by streamlining complex tasks and optimizing workflows. IA enables companies to enhance efficiency, reduce costs, and stay competitive in an ever-evolving market. But what exactly is intelligent automation? What Is Intelligent Automation?

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What Is A Vendor Information Management System?

Obobo

What Is A Vendor Information Management System? Look no further than a Vendor Information Management System (VIMS). What is a Vendor Information Management System? A vendor information management system (VIMS) is a tool used by organizations to track and manage information about their vendors.

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Top 5 Back-Office Functions That Should Be Automated

Automation Anywhere

Disruptive technologies – like intelligent automation (RPA+AI) – are helping chief experience officers (CXOs) re-invent their business operations by bringing in optimizations. According to EY estimates, automation of back-office work could provide companies with savings of about 20% to 60% of baseline full-time employee (FTE) costs.

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3 Levels of AP Automation: Choosing the Best Option for Your Business

Metasource

A survey conducted by the Institute of Financial Operations and Leadership (IFOL) revealed that enhancing operational efficiency and cost management is a top priority for over 60% of accounts payable (AP) leaders. Invoice processing automation solutions help AP teams reach goals like these.

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Embracing Automation: RPA & IDP are the Future of Business Process Automation

NoonDalton

Leveraging advanced technologies like Robotic Process Automation (RPA) and Intelligent Document Processing (IDP) can significantly streamline operations and enhance efficiency. By outsourcing these automation solutions, businesses can better allocate resources, adapt to market changes, meet customer demands, and maintain a competitive edge.