Finance operations are being transformed by process automation in numerous ways. One of the most important facets of this transformation is in the area of internal controls. Modern finance teams can now strengthen their internal controls with automation, enabling them to enforce a standardized framework for all their processes. This allows the internal controls to function as intended– as…
DetailsThe Benefits of automating the approval process for Life Sciences are numerous. Heavily regulated industries inherently have a lot of rules. The Life Science industries, including Medical Device, Biotech, and Pharma are no exception. Adhering to complex regulations requires significant amounts of administrative work to ensure that the proper directives are being followed. Extensive regulations also…
DetailsAre you a procurement leader? Struggling to mitigate the high costs and complexity of processes caused by supply chain disruptions? If the answer is YES, please read on…! Such risks as extreme weather, economic uncertainties, global pandemic, etc., have proven to be absolute threats to procurement and your supply chain. But the good news is,…
DetailsTime-Consuming — When a QAD purchase requisition is created, it most likely needs to go through a ‘manual’ approval process and chances are that it will be delayed as there is no proper ‘structure’ put in place for faster approvals. Lack Of Policy Compliance — Even though organizations do have a purchasing policy, it may not be…
DetailsTechnology has the capacity to transform an organization, allowing it to become more innovative, agile, proactive, and responsive. The pandemic has accelerated the need for companies to step up the pace of their digital transformations, embracing technology in new and strategic ways. Key areas where technology can make measurable advances are in Purchasing Management including Data-Driven Approval Routing and…
DetailsHow do you boost productivity in QAD Procurement with Data-Driven Approval Routing and Workflow? Automation software has changed how we do business. Integration of this technology in the business environment is resulting in more efficient processes. In return, businesses are achieving higher levels of productivity and profitability. One such innovation is Data-Driven Approval Routing and…
DetailsAudit control is the process of assuring companies aims and objectives are achieved in functional efficiency and effectiveness. It involves financial reporting and compliance with laws, regulations, and policies. So why is audit control necessary? It is necessary to trace discrepancies between operational processes and what they are meant to do. Once found, auditors advise…
DetailsCan you afford not to automate your business processes….? Everything is becoming faster and more efficient nowadays, so why shouldn’t business processes do the same? They can when using a Data-Driven Approval Routing and Workflow solution to improve business processes…. solutions that are already changing how businesses operate. Perhaps you have already had this on…
DetailsThe COVID-19 pandemic changed how Americans do things in their private lives, and it disrupted the US’ workday world. A year after the start of the pandemic, many businesses are hanging onto life by a thread, just trying to survive in this historic economic downturn. Keeping tabs on fraud has not been top of the…
DetailsWhat is the negative impact of Business Process Silos on Productivity? When was the last time you lost something to the black hole of corporate paperwork? Was it a vacation request that went from your supervisor to the department manager to human resources and back to you? A prospective or current customer sales quote waiting…
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