Not all automation is created equal. The two primary approaches, fixed and dynamic workflows, serve different purposes and play distinct roles in a...
Fixed And Dynamic Workflows
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Automation
How Back-Office Chatbots Fuel Data-Driven Decisions
While chatbots are mostly known to be used for customer service, their potential within the financial and operational back office is rapidly...
The Impact of AI on Back Office Operations
The financial back office encompasses numerous crucial, historically time-consuming tasks that are prone to human error; however, with the aid of...
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 automation has revolutionized the way businesses manage their financial operations. By streamlining processes and reducing manual...
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....
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