Uncategorized Archives

Financial Services BPO Transforms Back-Office Operations with Itemize

A leading financial services BPO offering solutions that ignite efficiency, savings, and revenue growth across industries. The team has noticed increased digitization efforts amongst its customers in recent years. The BPO wanted to deliver end-to-end services for intake, document categorization, and data capture processing of invoices, receipts, POs, and other finance, accounting, AP, AR, and …

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The True Cost of Manual AP and Three Reasons to Consider Cloud

Uncategorized / By Khushboo Koutu

According to recent research from the Institute of Finance and Management (IOFM), more than 75% of all annual invoices are still processed manually. Many businesses have implemented strategic initiatives to reduce costs and better manage discretionary spending. However, paper documents are still sent back and forth, and faxed and e-mailed documents still require manual handling. …

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How to Protect Your Business Against Fraud

Blog, Uncategorized / By Khushboo Koutu

Fraud continues to plague organizations big and small, and with a potential cash crunch looming over many businesses, fighting fraud is more important than ever. But it takes a lot of work for AP teams, regardless of size. Sure, a small business with a two-person team risks overworking or giving away too much financial access …

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How AP Managers Can Prevent Fraud

Blog, Uncategorized / By Khushboo Koutu

Fraud hits every business hard. Recent research from the Association of Certified Fraud Examiners shows that a typical organization loses 5% of its revenue to fraud every year, with a median loss of $125,000. What’s worst is that fraud typically goes unnoticed for an average of 14 months, resulting in average losses of $8,300 a month. …

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CFO Guide – How to Select the Right Intelligent Automation Solution

Blog, Uncategorized / By Khushboo Koutu

According to a recent Pymnts research, almost 4 out of every 5 finance leaders in the U.S. and U.K. believe their firms’ accounts payable (AP) operations can’t sustain continued growth, with many of them blaming inefficiencies from the use of manual processes, which they say are also leading to fraud and risk exposure. The survey …

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Make Itemize Invoice Automation Work for Your Business

Articles, Blog, Uncategorized / By Khushboo Koutu

Itemize AP Automation Solution is a smart, powerful, and end-to-end enterprise invoice processing solution that removes any labor-intensive and error-prone steps to transform your accounts payable process into a cost-saving and value-adding operation.

Webinar: Five Ways Accounts Payable Leaders Can Leverage AI for Success

Articles, Blog, Uncategorized / By Khushboo Koutu

Most Accounts Payable (AP) departments are struggling with invoice processing. Over 50%of AP teams say they are challenged with processing invoices efficiently and accurately even after spending over $10 on processing each invoice. With the right technology, AP departments can improve accuracy, implement cost-saving measures, and start using intelligence for better decision-making. In our panel …

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How to Design a Risk and Governance Function That Is Future Ready

Articles, Blog, Uncategorized / By Khushboo Koutu

A recent CFO dive and Accenture study showed that: Only 7% of CFOs have made significant gains on driving organizational resilience in recent years, even though three-fourths (73%) acknowledge they’re currently in a prime position to do so. Of the four tiers of operational maturity (stable, efficient, predictive, and future-ready), only 5% of CFOs have …

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5 Things You Need to Know About Expense Fraud

Blog, Uncategorized / By Itemize

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 …

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How The Right Intelligent Automation Technology Can Ease M&A Process

Blog, Uncategorized / By Itemize

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 …

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Uncategorized

Financial Services BPO Transforms Back-Office Operations with Itemize

The True Cost of Manual AP and Three Reasons to Consider Cloud

How to Protect Your Business Against Fraud

How AP Managers Can Prevent Fraud

CFO Guide – How to Select the Right Intelligent Automation Solution

Make Itemize Invoice Automation Work for Your Business

Webinar: Five Ways Accounts Payable Leaders Can Leverage AI for Success

How to Design a Risk and Governance Function That Is Future Ready

5 Things You Need to Know About Expense Fraud

How The Right Intelligent Automation Technology Can Ease M&A Process

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