Tag Archive

Staying competitive, your business must continually improve its operations. Of course, because your organization—like every organization— has finite resources, you have to choose which areas to focus on. But how do you know which initiatives will deliver the best return on investment (ROI)? One way to make that determination is to learn from your peers. If you notice a trend … Read More

When you break any business down into its elements, it’s really just a set of processes. Whether you’re manufacturing products or providing services, there are defined sets of steps that must be completed in all areas of your business—operations, administration, etc.—in order for your company to function correctly. And while those procedures tend to develop more or less organically over … Read More

Like all businesses that generate or process significant amounts of data, mortgage lenders can experience dramatic improvements in efficiency through the use of robotic process automation (RPA). RPA leverages the work of “software robots”—what are essentially tiny computer programs—to manipulate digital information in any of a number of ways. And, of course, being more efficient isn’t really the “end game.” … Read More

When it comes to helping your business work efficiently, accurately, and profitably, if the two options were to 1) keep using manual processes or 2) implement simple, siloed automation, clearly you’d be smart to go with the latter. However, there’s a third option that many companies overlook or incorrectly consider to be too difficult to achieve: intelligent automation. What Is … Read More

Accounts payable (AP) is an important function for every company. Failing to pay vendors and others in a timely manner not only can result in having penalties applied to past-due invoices, but it can also damage key business relationships that your company needs to be successful. Consequently, most businesses do a reasonably good job in this area. However, if all … Read More

When the topic of robotic process automation (RPA) comes up, there are two common misconceptions that we encounter. The first is that some people think RPA involves physical robots—like the kind you see welding automobile frames on an assembly line. Nope… these are software robots we’re talking about. They handle repetitive digital tasks rapidly and with 100 percent accuracy. And … Read More

Before computer networks and the internet, there was the sneakernet—the tongue-in-cheek descriptor for the moving of information from place to place by a person wearing sneakers. It would great to be able to say that the sneakernet has gone the way of the dinosaurs, but unfortunately, it is anything but extinct. In fact, it is alive and well at many … Read More