FSN - Document Management

Work smarter not harder with intelligent data capture

Some business processes and transactions are easier to automate than others, so there are lots of areas where manual data processing and data entry still create bottlenecks of inaccuracy and tardiness. But some of these are disappearing with the help of intelligent data capture software, says Financial Systems News (FSN) writer, Lesley Meall.

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Version One announces new release of its document management software.

Version One has this week announced a new release of its document management product suite. Release 2.2 (R2.2), says the company, will offer a complete modernisation of Version One's paperless office solutions.

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Rise of "enterprise video" creates challenges for finance

Never before have so many finance professionals needed to know so much about so many technologies, and their potential impact on the organisations they work with and for. But the pervasiveness of video creates some special challenges for finance people, as end users and authorisers of information technology (IT) investment. FSN writer Lesley Meall considers some of the emerging opportunities and challenges: from cost control, through content management, to converting investment into business value, and talks to analysts about the ‘best practice’ approach.

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Wax Digital and e-Docs to reduce purchasing, paper and process

Wax Digital has partnered with specialist scanning bureau e-Docs UK to provide its sourcing and spend-management clients with a fully managed processing service for inbound paper invoices. e-Docs UK’s outsourced invoice scanning and data extraction services eliminate the need for Accounts Payable teams to manually key supplier paper invoices, greatly reducing labour-intensive processes and their associated costs.

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Can 'Social Business' tools bring business benefit?

Business use of social networking could go through the roof if new ‘social business’ tools fulfill their potential, says FSN writer Lesley Meall.

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Paper trail

If you are thinking of switching to e-readers or introducing e-books in the workplace or at home, you might want to wait a while. As FSN writer Lesley Meall discovers, despite the hype, virtual books may be one more example of information technology creating as many problems as it solves.

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Companies can save £1-2m by automating finance document processes

Benchmarking research into the finance function of global business organisation by Readsoft suggests adoption of automated processes in conjunction with invoice processing could help businesses cut cost per procurement to 92 per cent lower than the average.

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Virgin Atlantic adopts OB10's global e-Invoicing solution

OB10 announced this week that it has signed an agreement with Virgin Atlantic Airways Ltd to streamline the company’s global invoice process management, initially focused on their UK and US operations. This will include OB10’s e-Invoicing service in addition to their enhanced services including Purchase Order delivery, Invoice Validation and Invoice Status Check.

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All about content management systems

There was a time when enterprise content management systems and electronic document management systems and were the preserve of those with very deep pockets or very great need, but the increasing availability of cloud-based solutions has made these technologies a viable option for businesses of all shapes and sizes. So FSN writer Lesley Meall explores the options, and the terms of reference used to describe and market them.

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When does workflow become business process management?

While the Mitsubishi Corporation has been using the workflow functionality in IBM Cognos TM1 to standardise and streamline the budgeting processes across its regional European operations, media and publishing company Archant has been using the Appian Business Process Management Suite to remove repetitive tasks from its advertisement design and production processes and reduce its dependency on paper workflows. So you might describe both organisations as using workflow software to improve their management of business processes, and you would be correct. But as FSN writer Lesley Meall has found, the question of whether they’re both using business process management software is not so easily answered.

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