You wouldn’t make a large decision – like purchasing a home or a car – without all of the information, right? You want to have all the data to ensure that the choice you’re making is the right one. The same goes for managers and executives at companies. Today’s technology, like artificial intelligence (AI), business process automation (BPA), robotic process automation (RPA) and other automated tools, is helping create a data-driven decision-making revolution.
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Look around you right now. If you're in a public place, count how many people are on some sort of electronic device. If you're reading this from your cell phone, tablet or laptop, well, you prove my point. We are in an era dominated by mobile devices, cloud computing, smart analytics and the Internet of Things and, because of this, digitizing processes and procedures is becoming increasingly important in the workplace. Yes, beyond just streaming Netflix from your phone. Society has gone digital, and the rise of digital technology has caused a dramatic shift in how businesses need to understand the benefits of new and emerging technologies in order to meet the changing needs of today’s consumers.
If you're one of the enterprises that has taken the plunge into integrating a document management solution, we want to say kudos! Once you've experienced the benefits of a paperless automation solution, it's hard to look back at your previously paper-based processes and say, "Gosh, I sure do miss that manual data entry!"
Many of our blog readers have either already automated your financial processes with paperless automation software, like MetaViewer, or are looking for ways to automate. And if you’ve been enjoying the benefits of automation, you’re probably looking around like a kid in a toy store wondering, “What else can I automate!?!”
You probably know about big data, but how are you managing it? As the amount of data that flows into your company from various business processes continues to grow, how will you reign it in and use it to understand your current and potential clients better?