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Data Security Tips for Small Businesses
Are you worried about cybersecurity for your small business? The dangers of hacking, phishing, viruses, and other cyber-attacks are an ever-present threat in the modern business world. It’s a particularly large concern for CFOs and finance departments since they’re responsible […]
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5 Tips for Using BPA Software to Support Effective Finance Teams
Often, people hear “automation” and think that it’s going to replace people. But business process automation (BPA) software has a different purpose. This type of automation helps employees do their jobs more effectively. In financial departments, using BPA software can […]
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5 Tips for Managing High-Volume Accounts Payable with BPA Software
5 Tips for Managing High-Volume Accounts Payable with BPA Software How many invoices does your company receive each month? If you’re processing hundreds or even thousands of invoices each month, then your company is managing high-volume accounts payable. What qualifies […]
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Streamlining Financial Processes: Comparing BPA, SaaS, BPO, and BPaaS
If you’ve been researching software options for managing your financial processes, then you’ve probably run across terms like Business Process Automation (BPA) and Software-as-a-Service (SaaS). You’ll also come across related terms, like Business Process Outsourcing (BPO) and Business Process as […]
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5 Ways To Reduce Errors Using Business Process Automation Software
Are errors hurting your business? It can be a hard question to answer. If you can identify the impact of errors, then you can take steps to correct them. But often, errors slip in that you don’t even know about […]
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Here’s How Business Process Outsourcing Makes It Easy To Scale Up Your Company
When you’re running a business, how well your business scales is a vital consideration. This is particularly important for small and midsize businesses and new companies. Scalability plays a significant role—perhaps the most significant role—in determining if your business is […]
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The Pros and Cons of Outsourcing Your Accounts Payable
Each day, the business world gets more competitive. In such an environment, your company needs a way to improve your services and stand out from the competition while also cutting costs. Outsourcing accounts payable is a viable solution for companies […]
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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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How to Choose between Rolling Forecasts and a Static Budget
How do you know if your company is using the best budget and forecast model? Most companies use a traditional, static budget to make predictions about their expected revenue and planned expenses. It’s the tried-and-true method people have relied on […]
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Answering Your Frequently Asked Questions about Business Process Outsourcing and Automation
We can all agree that automation and outsourcing have become two of the more popular solutions for handling core business processes in the modern world. Even if your own company hasn’t implemented these solutions yet, there’s a good chance you’ve […]
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Pros and Cons of Business Process Outsourcing (BPO)
Businesses are always seeking ways to adapt, stay competitive, and cut costs. One way to do that in the modern business world is using business process outsourcing (BPO). It’s something that’s easy to do and, as a cost-saving measure, BPO is […]
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Automating Your Accounts Payable: Weighing The Pros And Cons
Automation is a popular problem-solving solution that many companies choose to manage their back office functions. But is it the right solution for your company? You can really leverage the power of automation when working with the right provider. But […]
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