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...
What is a Finance Process Automation Solution? The functions within finance teams are hugely essential to businesses, regardless of size. Balancing the books and knowing what is coming in and going out of a company is pivotal for a CFO to understand where the business is going - and how it is weathering the current financial climate. Using finance processing automation solutions...
What is Redaction Software? AI Redaction software is a powerful application that refers to tools designed to selectively edit or disguise sensitive or confidential information in documents, images, or other files to prevent unintentional disclosure. AI Redaction software offers a user-friendly redaction process, ensuring confidential details are securely concealed. Whether dealing with extensive documents or complex data structures, Telic Digital...
Invoice Agility has become the future of digital invoicing, and the regulations around it are ever-changing. The account teams must adapt to withstand the pressures of rising operations costs, expectations of turning around payments quicker and changing regulatory environments such as the introduction of the clearance mandate. Additionally, teams must be updated with the ever-changing regulations, tightening requirements and service...
In an increasingly digital age, safeguarding financial assets has become a paramount concern for businesses of all sizes. The realm of accounts payable, in particular, stands as a critical juncture where AP fraud can quietly infiltrate and wreak havoc. Enter cloud-based AP automation, a technological bulwark against illicit activities. This dynamic fusion of cloud computing and automation not only streamlines...
Discover the power of cloud invoice processing and how it can revolutionise your business. Explore the benefits of automated invoice processing in the cloud and learn how to streamline your invoicing workflow. In this article, we delve into innovative solutions to optimise invoice processing operations. In today's fast-paced digital landscape, organisations are constantly seeking ways to streamline their financial processes...
This article examines the case for automation to improve customer service and win new business. It identifies some of the leading use cases and how the technology can be used to enhance these processes. In today's highly competitive business environment, providing exceptional customer service is more important than ever. Customers have numerous options available to them, and they expect to...
Process automation technology has the potential to help businesses in the UK in 2023. By automating manual and repetitive tasks, process automation technology can help businesses in the UK improve efficiency, reduce costs, and increase productivity. Additionally, by reducing the risk of errors and increasing accuracy, process automation technology can help businesses in the UK improve compliance and reduce...
Unlock real cost savings and more business benefits with finance automation. Explore how you can switch to digital finance processes in under 30 days In this webinar, we would like to share the results of a recent survey we conducted with 4000+ finance leaders based in the UK and discuss: - Which processes would finance teams like to...
Automated invoice processing software allows organisations to more efficiently manage and process supplier invoices. By migrating to digital and automated processes, the Accounts Payable function can reduce manual processes and operate more productively and effectively. This article is intended to highlight the technologies that are available, how they can be used to best effect and the benefits that organisations can...
