The financial back office encompasses numerous crucial, historically time-consuming tasks that are prone to human error; however, with the aid of...
The Impact of AI on Back Office Operations
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Automation
What’s Next for AI in the Financial Back Office?
The financial back office has undergone numerous upgrades in recent years, thanks to rapid advancements in AI. Emerging trends continue to assist in...
Preventing Duplicate Payments
One area where even the most professional back-office teams experience mistakes is duplicate payments. These errors, where the same invoice is paid...
Outsourcing vs. Automation in Document and Data Capture
Efficiently capturing and processing information from paper documents and various digital sources is crucial for smooth business operations,...
7 Accounts Payable Automation Best Practices
Accounts Payable (AP) automation has revolutionized the way businesses manage their financial operations. By streamlining processes and reducing...
The Importance of Bank Account Validation
What is Bank Account Validation? Bank account validation is the process of verifying the accuracy and legitimacy of a bank account number. It...
How to Overcome OCR’s Limitations
Optical Character Recognition (OCR) has been a valuable tool for businesses for decades, enabling them to extract text from images and documents....
Essential Back-Office Technology Investments & Features
Once seen as a purely operational department, the back office has grown in importance and now plays a critical role in a company's overall strategy....
ICG’s Cloud-Hosted Solutions
ICG’s cloud-hosted solutions offer benefits for streamlining and reducing costs in their operations. Here are some reasons you should consider using...
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