Perficient Digital Transformation

MAY 6, 2024

Reshoring Operations and Talent The COVID-19 pandemic exposed vulnerabilities in global supply chains, particularly for manufacturers reliant on overseas production and parts. The well-documented challenges with shipping containers significantly disrupted operations.

Manufacturing 52

Manufacturing Labor Costs Jobbing Operational Costs 52

Metasource

APRIL 4, 2023

With the right solution built on workflow automation and document management software , employees can access client information quickly while speaking with customers. Automation technology reduces operational costs for organizations by minimizing the amount of time employees waste on repetitive tasks.

Automation 52

Automation Robotics Process Automation Out-Tasking Reduced Costs 52

Metasource

JULY 12, 2023

Businesses achieve a wide range of benefits, including: Decreased Costs: By streamlining workflows, business process management helps organizations save money on operational costs, redundant tasks, human errors, and more. A study by Zapier found that 73% of workers waste 1-3 hours each day looking for documents and information.

Management 52

Management Business Process Outsourcing Robotics Process Automation Reduced Costs 52

Frevvo

NOVEMBER 23, 2021

Any inefficiencies in how those tasks are performed can slow down approvals and increase processing costs. Companies that rely on manual data entry and document routing take 45 days on average to process invoices. Physical documents had to pass through multiple departments before a senior executive approved them.

Efficiency 52

Efficiency Data Entry Out-Tasking Automation 52

Metasource

OCTOBER 14, 2024

When it comes to cutting costs and optimizing workflows, traditional mailrooms are beginning to stick out like sore thumbs in our digital world. They are space-consuming, inefficient, and require time and labor costs that are increasingly unnecessary. What’s more, increased physical space inevitably equals more labor costs.

Automation 52

Automation Management Out-Tasking Labor Costs 52

Metasource

OCTOBER 28, 2024

The most obvious is by decreasing labor costs by minimizing manual, repetitive tasks like data entry. Beyond the saved labor costs, leveraging AI and automation tools also opens the door for optimized workflows that expedite processes and, in turn, make achieving early payment discounts possible.

Accounting 52

Accounting Automation Data Entry Labor Costs 52

Planergy Software

MARCH 13, 2025

While not a solution for every business, accounts payable outsourcing streamlines AP workflows, can lower operational costs, provide real-time financial data, and simplify the bookkeeping process for your business. However, costs can change and cost savings alone should never drive the decision to outsource.

Accounting 52

Accounting Outsourcing Data Entry Automation 52