It is not shortage of time that should worry us, but the tendency for the majority of time to be spent in low-quality ways Apr 1, 2024 Blog on AI and Automation “The road to hell is paved with the pursuit of volume. Volume leads to marginal products, marginal customers, and greatly increased managerial complexity…Hard work leads to low returns. Insight and do... Read more
Readiness of Finance Department for the Adoption of Automation and AI Apr 1, 2024 Blog on AI and Automation According to a report by Paro, there remains a significant gap in adoption of artificial intelligence (AI) and machine learning (ML) within finance. While 83% of surveyed executives say adopting AI is... Read more
Eighteen Percent Of Accountants Make Financial Errors At Least Daily Mar 7, 2024 Blog on AI and Automation “A man who has committed a mistake and doesn’t correct it is committing another mistake.” — Confucius We know that to err is human. But do you have any idea how big this issue is in the workplace? Con... Read more
IDC MarketScape Worldwide Intelligent Document Processing Software Mar 7, 2024 Blog on AI and Automation Data is commonly being described as the new oil. Just like oil, extracting meaningful value out of your existing data is non trivial. After all, the data you possess is usually dirty, difficult and/or... Read more
How Process Mining Can Help Improve Your Order-To-Cash Process Mar 7, 2024 Blog on AI and Automation Process mining is a data driven approach to understanding and optimizing the processes within your organization. By automatically extracting, transforming and loading (ETL) system logs, process mining... Read more
Blue Ocean Strategy Canvas for Digital and Human Employees Feb 16, 2024 Blog on AI and Automation Driven by the rapid advancements in technologies like AI and automation, "digital employees" are entering the workforce in droves, augmenting (and in some cases, replacing) their human counterparts. A... Read more
4 Types of Digital Humans Feb 16, 2024 Blog on AI and Automation Like it or not, "digital employees" are entering the workforce, driven by the rapid advancements in technologies like AI and automation. Compared to their human counterparts, digital employees offer b... Read more
How Process Mining Can Help To Uncover Maverick Buying In The Procure-To-Pay Process Feb 16, 2024 Blog on AI and Automation Process mining is a data driven approach to understanding and optimizing the processes within your organization. By analyzing the digital footprints in your system and application logs, process mining... Read more
Why Employees Don't Follow Processes Strictly Jan 19, 2024 Blog on AI and Automation “You can’t improve what you don’t measure.” — Peter Drucker And you definitely can’t measure something which you don’t even understand in the first place. Is it any wonder then that data from Opinium ... Read more
Cybersecurity Risks for Low-Code No-Code Applications and Bots Jan 19, 2024 Blog on AI and Automation 65% of all enterprise applications will be based on low-code/no-code platforms by 2024, estimates Gartner. The proliferation of applications and automations created by citizen developers using such pl... Read more
The 3 keys to automation success Jan 16, 2024 Blog on AI and Automation The 3 keys to automation success: Make automation-first a strategic imperative — It is easy to pay lip service to the importance of automation, particularly as organizations continue to grapple with t... Read more
Hype Cycle for Artificial Intelligence, 2023 Jan 16, 2024 Blog on AI and Automation The introduction of ChatGPT in late 2022 has heralded a new era in AI. Already, it is the fastest-growing consumer application in history, having reached 100 million monthly users a mere 2 months afte... Read more