If you ask any finance professional who is involved in account reconciliation process, you’ll understand that this is a mundane and a tedious task, spending hours matching payments and incoming transactions against your general ledger.…
While the innovation of technologies has become industry-agnostic, businesses across industries are looking for ways to boost operational efficiencies and drive business revenues. However, it’s quite surprising to see organizations still persisting with manual processes…
Manual efforts have become a liability in the last decade and things have gone haywire especially after the virus outbreak. The finance arena has been one of the worst hit industries as the threat over…
Over the last decade, the finance and accounting organizations are overwhelmed by massive increase in transaction volume, understaffed workforce, repetitive manual work, and large volumes of data. Eventually, the organizations have noticed an exponential increase…
Responsible for the most critical processes in an organization, the CFOs are under constant scrutiny and pressure to ensure efficiency, accuracy, and compliance in every operation carried out day to day. A regular day for…
Although retail has been one of the most captivating and fastest-growing industries in the recent past, the crises in the industry is for everyone to see. The old school methods of retail are facing a…
The accounts receivable (AR) is perhaps the most instrumental process for any organization. The reason behind it is that inappropriate AR management could result in distorted cash inflows, which could eventually impact the ROI of…
Technology disruption is the new norm of the insurance industry. Ever since breaking away from the traditional BFSI umbrella, insurance providers have been hedging their bets on digital transformation. Today, they are empowered to easily…
Innovation in the insurance industry has become a key catalyst to win market share. In the past, insurance providers have been slow adopters of technology disruption. Recent studies, though, have shown that the tides are…
Enterprises have started realizing the potential and capabilities of deploying RPA solutions in their business operations. That is why the applications of RPA are extending rapidly including one of the core operations in the Retail…
In the age of fast-growing technology and increasing competitiveness globally, it requires us to seize every opportunity possible either to enter a new market or to sustain in the existing market. But it is quite…
The 21st century has drawn industries closer to the definitive approach of providing unreal and rich customer experiences. Hence, it is of no surprise that customer demands have increased, competition has turned out to become…
