Friday, May 1Digital Marketing Journals

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A CFO’s Guide to Financial Automation — Benefits, Use-Cases & Impacts | by Megha Verma | Sep, 2022
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A CFO’s Guide to Financial Automation — Benefits, Use-Cases & Impacts | by Megha Verma | Sep, 2022

This post originally appeared in Signity SolutionsTimely and precise closing of books is at the top of every CFOs list, and in most cases, it takes weeks for the finance and account department to accomplish that arduous task. Besides, it’s imperative for CFOs to match pace with transforming regulatory regimes and accounting practices worldwide.All these consume a lot of time and effort, leaving not much bandwidth for what CFO’s actually be doing, like:Collaborating with the business linesAnalysisOffering crucial cross-functional insightsAll in all, being a Chief Financial Officer means knowing much more than just advanced knowledge of Finance and Accounting concepts. Indeed, it means understanding how an entire company and the industry work and how you can make that company more profitable...
How can OCR help with RPA and Document Processing? — Techashton | by Shaip | Jul, 2022
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How can OCR help with RPA and Document Processing? — Techashton | by Shaip | Jul, 2022

OCR or Optical Character Recognition is a fun way to read and understand documents. But why does it even make sense? Let’s find out. But before we proceed, we need to wrap our head around a less common machine learning term: RPA (Robotic Process Automation).For the unversed, RPA is Robotic Process Automation, which is instrumental in helping businesses eliminate repetitive tasks. Document processing happens to be one such task- where the focus is often on invoices and handwritten tasks. Simply put, OCR can help with this aspect of document processing- the one involving tons of error-prone identification.So let’s dive right in and understand the process better:What is OCR in RPA?Trust us; we wouldn’t overcomplicate things. OCR or Optical Character Recognition is a machine learning tool capa...
8 Business Automation Ideas to Save Time and Money | by Megha Verma | Mar, 2022
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8 Business Automation Ideas to Save Time and Money | by Megha Verma | Mar, 2022

Making smarter decisions about your business processes is critical to ensure lower time-to-market and high ROI. Future fit technology executives know the importance of optimizing business operations efficiency and workflow processes to remain ahead in the competitive landscape.Whether your organization is small or large, now is a good time to create automation opportunities by integrating the Robotic Process Automation model into your existing processes. And start streamlining business operations ranging from automated emails to optimizing customer services that enhance the business value & ROI.This blog post has outlined the best business automation ideas that any organization or department can get started with.Accounting TasksMost accounting processes are time-consuming and need manu...