Supplier onboarding is a key phase in this value-creation process, as it ensures that the supplier can deliver their value quickly and efficiently. The process needs to be streamlined for both sides while still capturing all the critical information – pricing, deliverables, due diligence, T&Cs, etc. - that a company and its suppliers must agree on before they can...
Vendors are vital to a company’s success; they bring new capabilities and resources that help a business grow and prosper. The effective management of existing and potential vendors can help managers find the ideal business partners who can help them solve business problems swiftly. This can help them launch new products and services, cut costs, create new revenue streams,...
Efficient Use of Automation and People When Optimising a Digital Mailroom Digitisation and automation often follow the Pareto principle: focus on the 20% of effort that yields 80% of results. For tasks like document separation, it’s sometimes more effective to have mailroom staff handle initial sorting. For example, a loan application might include several supporting documents that an automated system could...
In a series of four blogs, we will provide all the information and guidance you need to start a digital mailroom project. This second blog focuses on understanding the technologies available to the team and their important role. Step 5 – Digital Mailroom Guide – Understanding the Digital Mailroom Technologies Available In this section of the Digital Mailroom Guide, we examine...
In a series of four blogs, we will provide you with all the information and guidance you need to start a digital mailroom project. This first blog focuses on jargon busting, the benefits, and creating that all-important business case. Digital Mailroom Guide: Jargon Buster Electronic Mailroom An electronic mailroom digitises physical communications and creates an electronic distribution channel. It processes documents as...
Finance teams are the unsung heroes of almost every business. While others are credited with closing the big deals or successfully delivering a project, finance teams toil away in the background. Their role is to track money coming in through Accounts Receivable and invoicing and stay on top of payments to suppliers through Accounts Payable (AP). They are also...
The Analysis of Traditional vs Digital Mailroom Traditional vs Digital Mailroom: Mailrooms within businesses have seen considerable evolution in recent times. For years, they were a hive of activity, full of incoming and outgoing posts, stacks of paper, and various sorting areas so that letters and parcels reached the correct department. Companies are used to the manual sorting process, but as...
A Vendor Onboarding process is pivotal in managing the suppliers you work with. No matter the size of the business, Vendor Onboarding can help a company maintain accurate supplier data, reduce costs, manage time, and build revenue. Why do you need a Vendor Onboarding Process in place? As a business, you want to understand why you are going to implement new processes....
Transforming your HR processes is key As an HR manager, you have numerous tasks and to-do lists to keep your teams and employees on track. It's essential to have intuitive and fast HR solutions to handle day-to-day tasks and ensure that all processes—from onboarding to continued reporting—are managed efficiently. This will free up more time for employee conversations and relationship...
What is Sales Order Automation? Sales Order Automation Processes involve using technology to manage goods ordering through transparent workflows. This streamlines the process and eliminates issues such as inserting information or orders multiple times or inputting incorrect details. Automation itself forms a critical part of the order management process by using applications and data to ensure that a customer’s order is...
