In our last blog, we looked at how expense fraud is one of the major issues plaguing most accounting and finance arms of companies. As the second-highest indirect expense after labor, managing expense spending and preventing fraud is critical to secure an organization’s financial resources. But when firms have an outdated, manual system of processing …
NEW YORK, June 23, 2021 /PRNewswire/ — James Thomas, the founder, and CEO of Itemize, is helping corporations and FinTechs save billions and increasing their productivity by deploying intelligent automation to capture data from financial documents that would otherwise be done manually. “At Itemize, our focus is on enabling organizations to implement and accelerate business processes using Machine Learning …
54% of executives have seen increased productivity in their business due to implementing AI-powered solutions. – PwC More and more organizations are leaving their legacy systems behind in favor of automated solutions. But as the list of applicable technologies continues to expand, it becomes crucial for decision-makers to differentiate between solutions. Out of all the current …
[Whitepaper] Which Intelligent Document Processing Solution Is Right for Your Business? Read More »
At Itemize, we excel at developing AI-powered Intelligent Document Transformation (IDT) technology for financial ERPs. Yet it isn’t just our technology that is driving our rapid growth. The team behind our accomplishments has fostered a culture of innovation, expertise, and customer service that filters into our client experience. To learn more about life at Itemize, we talked …
Did you know that 80% of data worldwide will be unstructured by 2025?(IDC) Applying RPA to these unstructured or semi-structured data sets results in cumbersome processes and errors. Most organizations are struggling to resolve this challenge and achieve a reasonable level of Straight Through Processing (STP) – but RPA is not the answer. Legacy Optical Character …
Khushboo Koutu Despite COVID, 2020 saw a large number of mergers and acquisitions varying in size and industry. The total value of transactions reached 127.8 Billion US dollars. And this number is expected to be much higher in 2021. From a business perspective, a successful M&A deal means quick and efficient consolidation of systems and processes …
How The Right Intelligent Automation Technology Can Ease M&A Process Read More »
54% of executives have seen increased productivity in their business due to implementing AI-powered solutions. Ryan Courtade– PwC More and more organizations are leaving their legacy systems behind in favor of automated solutions. But as the list of applicable technologies continues to expand, it becomes crucial for decision-makers to differentiate between solutions. Out of all the …
Expense fraud can often be difficult to diagnose, but it is often one of the most underrated forms of fraud. According to the Global Payroll Association, 10% of employees claim they often submit erroneous reports, while a whopping 20% do so irregularly. And if your financial team is manually cataloging these expenses, it’s easy to miss …
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