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What is BPO? BPO Examples, Categories, Types and Benefits.
We’re all familiar with the idea of outsourcing business processes. However, many people are a little fuzzy on exactly what Business Process Outsourcing (BPO) actually means and how it relates to the concept of Business Process Automation (BPA). Even more […]
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5 Ways to Tune Your AP Automation for Maximum Workflow Efficiency and Improved Data Quality
The accounts payable department is one of the easiest places to notice if your organization is dealing with inefficient workflows and poor-quality data. A breakdown in workflow and data collection in AP has a direct impact on cash flow, which […]
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How to Optimize AP Visibility Using Automation Software
Though some businesses still process invoices manually, more and more enterprise companies have automated their Accounts Payable departments. That does not, however, always mean that those companies have optimized their AP as well as they could. Clunky, outdated automation can […]
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The Retail Industry’s Guide to Automated Accounts Payable Software Solutions
Optimizing accounts payable is an important step for any business. In the retail industry, it’s vital. If you cannot pay your suppliers promptly, then there’s no guarantee they’ll keep filling your orders. If you’re not tracking payment deadlines closely, then […]
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How Automation Software Can Help When You’re Making A Business Budget
We all know how important budgeting is when you’re managing business finances. We also know what a challenge it can be to come up with a useful, accurate budget, especially when there’s so much uncertainty in the world today. Business […]
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The Retail Industry’s Guide to Using Automation to Improve Purchasing and Inventory Management
As someone working in the retail industry, you know the constantly changing nature of retail presents a wide range of challenges to keeping your business processes running smoothly. One of the biggest challenges to face retailers is keeping track of […]
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Leaning into the Strategic Role of Accounts Payable with AP Automation
Historically seen as a back-office function, accounts payable is increasingly recognized as the department that acts as the central hub for controlling spend management. As AP moves into a more visible role at the forefront of managing spend, those working […]
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How Can You Use Automation to Improve Purchasing in the Healthcare Industry?
Welcome to NextProcess’s Automate Your Industry blog series. In today’s post, we’re starting to take a close look at the benefits of automating financial processes when you’re in the healthcare industry. Those working in healthcare face several unique challenges when […]
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It’s 2021… Do You Know Where Your Budgets Are?
Finalizing numbers and gathering information from the prior year is a huge goal for the first month of a new fiscal year. For many companies, deadlines are getting closer and the pressure for fast, accurate reporting is increasing. Having immediate […]
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How an Electronic Document Management Systems Can Improve Record-Keeping in the Manufacturing Industry
This article addressing how electronic document management can improve record-keeping is the third post in our Automate Your Industry blog series. Today, we’re focusing on specific ways companies in manufacturing can benefit from NextProcess’s software modules. (We’ll have more industries […]
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What to Look for In A Trustworthy Automated Money Management System
When you’re managing money for a business, you need a reliable and secure system. A good money management system must make it possible for you to keep track of your finances and also keep your financial information safe. For many […]
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4 Ways Self-Service Accounts Payable Can Help Your Small Business
When you run a small to medium business (SMB), your accounts payable can quickly turn into a nightmare. Not only do you have to oversee regular overhead costs, like paying the rent and utilities, but you also have to handle […]
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