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6 Intelligent Document Processing Myths, Debunked

Metasource

Intelligent document processing (IDP) solutions have quickly popularized, with more and more organizations across industries implementing them to streamline document-centric processes. With benefits ranging from reduced costs to improved employee and customer satisfaction levels, this uptick in adoption makes perfect sense.

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Top 5 Back-Office Functions That Should Be Automated

Automation Anywhere

They can have a significant impact on back-office functions to bring about operational efficiencies: reduced cost, faster turnaround times, and increased productivity. Intelligent automation can automate the entire process, taking human error out of the equation. Gallup estimates Millennial turnover costs global businesses $30.5

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How to Reduce Software Development Costs: Proven Strategies for Cost Optimization

Groove Technology

This article analyzes in detail how outsourcing can optimize software development costs, and mentions effective strategies such as choosing the right partner, strict project management and applying new technology. A study by the Project Management Institute found that Agile projects are 28% more successful than traditional projects.

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Everything You Need to Know About the Evolution of BPO

Metasource

Business process outsourcing (BPO) is a practice in which an organization contracts a third-party service provider to perform business tasks on their behalf. Today, business process outsourcing services include everything from AP automation to mailroom outsourcing to document scanning to HR recruiting to IT services. Paper documents?

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How AI-Powered Intelligent Document Processing is Reshaping Higher Education

Metasource

And for many, these “virtual capabilities” will be driven by advanced digital tools like intelligent document processing (IDP) solutions powered by artificial intelligence (AI). Here are a few: Increased Efficiency One of the most prominent advantages of leveraging automated document processing solutions is increased efficiency.

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How to Go Paperless for Earth Day with IDP Services

Metasource

Continue reading to find out. It entails converting your current physical business documents into virtual copies that are easy to manage, access, track, and share from anywhere with any computer or mobile device. Now, let’s dive into the best ways to digitize incoming business documents and convert backfiles.

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What is Workflow Automation? Getting Started in 4 Easy Steps

Metasource

Workflow automation is a method of expediting and streamlining document-based business processes to improve efficiency, reduce costs, and provide transparency. Business process management (BPM) is used by a business to contain costs. Inability to quickly find documents in process. Document Your Current Processes.