by Kevin Craine | 5/5/15
Despite the increasing digitization of business today, the truth is that across all industries many key business processes are still burdened with paper. Loan origination, claims processing, accounts payable, human resources – these are just a few examples of fundamental activities that continue to be plagued by paper-bound workflow. Indeed, in the face of the modern digital office, many companies continue to fight a war with paper.
by Christopher Zybert | 4/22/15
In order to fully understand the benefits a paperless solution can provide, you must first understand how your entire organization is currently using paper. Paper-intensive processes are generally addressed in a ‘departmental vacuum’, neglecting to account for the countless other paper processes that are being employed. For example, an Accounts Payable department might begin to scan their invoices for easier management. However, the very same company is most likely still managing their HR documents the old fashioned way.
by Kevin Craine | 4/20/15
First developed over 30 years ago, capture systems have evolved from simple solutions for basic scanning into sophisticated and capable systems for enterprise wide document automation. Document imaging, text recognition and data capture systems have existed for years – and the technologies and capabilities have evolved significantly over time – but studies show that many organizations are just now beginning to capture the true value of capture technology.
by Amy Weiss | 4/8/2015
On March 24, Lexmark announced its plans to acquire software and solutions provider Kofax. A little more than a week later, on April 7, the company announced a new corporate brand and logo. The two news items, taken separately, are interesting. Together, they signify a critical new direction for the Lexington, Ky.-based company that many still refer to as a hardware manufacturer.
by Mitch Taube | 4/6/15
There is no denying that a document management system capable of workflow automation vastly simplifies a company’s processing, storage and retrieval of data. But it’s not enough in today’s rapidly changing and wildly competitive business landscape.
by Ken Neal | 3/23/15
This my second column in a three-part series on how sharpening six key communication skills can help information managers succeed—in their current job and in their career. As a reminder, these skills function together, as an integrated system or “communications workflow,” adding up to much more than any one skill individually. Previously, I focused on being brief and being clear. In this post I spotlight the third skill, being receptive, which includes asking questions and listening.
by Kevin Craine | 3/16/15
There has never been a more exciting time to be in the business of Enterprise Content Management. The convergence of technological and cultural trends make ECM the place to be if you want to stand on the front line of business process improvement and information governance. But with so many innovations and advances, it can be difficult to know which industry trends will take you on a path to success and which ones will lead you to a dead end. Here are three important trends in ECM to consider as you map your path forward.
by Ted Ardelean | 3/11/15
According to a recent industry survey report issued by Canon Business Process Services1, the accounts payable (AP) function is the most frequently outsourced process with Finance & Accounting. The reason: organizations optimize AP—by leveraging the advantages of outsourcing—as one of the most effective ways to improve overall business performance.
by Christopher Zybert | 4/1/15
It is generally understood by the business world that going paperless plays an integral role in reducing costs and improving services. However, it is important to note that becoming paperless should not be the main focus. Instead, the ultimate objective is to optimize processes – and eliminating paper is the first step in doing so. Companies of all sizes, across all industries, are beginning to realize the true potential that going paperless can provide.
by Pattie Simone | 3/2/15
Manned missions to Mars are actually just a few years away. Yet, here on Earth, many companies still struggle with figuring out how to run their companies better. The laundry list of challenges – and the initiatives to fix them - grows every day, and can include a number of things, including becoming greener; streamlining processes; trimming costs; understanding and using multiple real-time communications tools; servicing clients better; and helping employees to become more productive.