The Hidden Costs of Manual Receivables Processing
Why AI-Powered Receivables Isn’t Just an Advantage — It’s Essential
Why AI-Powered Receivables Isn’t Just an Advantage — It’s Essential
How You can Navigate the AI-Powered Revolution in Financial Services
Insights for Navigating the AI-Powered Revolution in Financial Services
Banks and financial processors are critical in managing complex and high-volume transactions for wholesale lockbox processing. However, the reliance on manual processes presents significant challenges, leading to inefficiencies, errors, and increased operational costs. (https://austinpartybus.com/) This blog looks at the issues banks, and financial processors face in manual wholesale lockbox processing and highlights how automation solutions …
Wholesale Lockbox Automation: A Solution for Banks and Financial Processors 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 …
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 …