outsourcing security

5 Tips On Ensuring Data Security When Outsourcing

In the information age, there is something more important to your company than your revenue. It's your data; it contains all the information anyone can ever need to sabotage your business. With it, hackers can control your business and take over your online systems, threatening everything you've built. The threat...

offshore company

Offshoring 101: Top 5 Countries To Build An Offshore Company And Why?

To this day, many attribute an offshore company to illegal activities due to a huge leak a few years ago. Still, there are plenty of legal reasons to set up one. After all, it provides a lot of benefits to corporations and to the country itself. Offshore entities are not...

data capture

6 Major Benefits Of Automation In Data Capture

We are creating more data than any other time in history. There are currently 2.7 Zettabytes of information online. That's a 1 followed by 70 zeros if you're counting. In fact, 2.5 quintillion bytes of data are created each day. That's a 1 followed by 18 zeros if you're keeping...

cultural differences in communication

Cultural Differences In Communication: Know The Facts

Customs and expressions vary all around the world. From country to country, you'll find hundreds of cultural differences in communication. In business, they can be extremely delicate. All modern businesses need to be aware of these differences in order to build professional relationships. In this post, we'll guide you through them....

paper to digital

9 Incredible Benefits Of Copying Physical Paper Documents To Digital Records

Shockingly, only 18% of businesses would describe themselves as 'paperless.' This is incredible when you consider that American businesses waste as much as $8 billion every year managing physical documents! The stats speak for themselves: On average it costs $20 for a company to file a paper document If you...

importance of business communication

Data Capture 101: Importance Of Business Communication

If your company understands the importance of business communication it has opened the door to a hard-wired future of success. How, when, and what is the role of communication your business displays reflects who you are as a leader. It reflects who you are as an innovator. The importance of...

Outsourcing data capture doesn’t mean ‘Out of sight, Out of mind!’

The outsourcing survey by Deloitte, a couple of years back, showed that 59% of businesses outsourced processes to improve cost efficiencies. A very close runner up at 57% was that it freed enterprises to focus on their core business. It also comes with a high level of improved quality as...

Creating AP Efficiencies Minimizes Payment Hassles

Bills are an essential part of business. As a small business you might be able to get away with time-consuming data entry, paper invoices and tallying through spreadsheets. But the bigger you grow the more the invoices. Big corporations can have many thousands each month, needing a specialized Accounts Payable...

soc2 certification

SOC II Certification: What Is It And Why Does It Matter?

There were 945 data breaches globally in the first half of 2018. 945! That's 4.5 billion compromised records in just 6 months! It is more important than ever to take every precaution to keep user data safe. One way that a company can make sure that they are keeping data...

what is gdpr

What Is GDPR And How Does It Impact Data Capture

Is your data capture mechanism GDPR complaint? If it isn't, you could face fines of up to 4 percent of your global turnover. What is the GDPR? It's the European Union's sweeping new privacy law. The GDPR protects European citizens and residents from data misuse and abuse as well as...

The impact of GDPR on data capture

This is a digital world and a frightening amount of personal information is being shared online. We are talking banking information, contact lists, our IP address, documents and social media feeds. Have we as consumers ever wondered how this data is collected, stored and used? This is why in May...

what is gdpr

What is Data Capture and How Can Your Business Benefit From Using It?

Your paper documents are holding back your business. Find out more about data capture and how it can give you the advantage. The current rate of data creation sees 2.5 quintillion bytes of information each day. Much of this information has been created in the last few years. You might...

HIPAA Compliant Hosting

Why Your Healthcare Business Needs HIPAA Compliant Hosting

If you work in the healthcare industry, you know how important confidentiality is. Here's why you could benefit from HIPAA compliant hosting. The Health Insurance Portability and Accountability Act (HIPAA) was passed in 1996. It’s legislation that ensures the data privacy of all medical information in the United States. Namely,...

Should You Outsource Data Entry? 5 Benefits You May Not Have Considered

Should You Outsource Data Entry? 5 Perks You May Not Have Considered Many companies choose to outsource data entry, but should yours? Explore these key time- and money-saving benefits you might not have considered.Businesses outsource hundreds of thousands of jobs every year. Have you ever considered taking this approach? Some...

8 Reasons Modern Businesses Need Automated Invoice Processing

8 Reasons You Need Automated Invoice Processing Automation keeps getting better, especially when it comes to tedious, time-consuming invoicing. Learn the benefits of automated invoice processing today! Around 80 percent of business leaders believe automation could save three hours every day. That's a total of 780 hours a year. Automation...

Streamlining Your Expenses with Accounts Payable Outsourcing

Streamlining Your Expenses with Accounts Payable Outsourcing The Pros & Cons of Accounts Payable Outsourcing If your accounting department is drowning in work, could accounts payable outsourcing help? Find out the pros and cons for your business. In 2018 alone, over $30 billion has been spent on outsourcing accounting business...

7 Tips for Outsourcing Your Data Entry Project

Outsourcing the Right Way: 7 Tips for Outsourcing Your Data Entry Project Data entry can take up valuable employee time, which is why so many companies outsource theirs. If you're thinking of data entry outsourcing, try these tips. Imprecise data entry entry can compromise the value of a company's database...

What To Consider When Considering ICR

Intelligent Character Recognition Data extraction using Intelligent Character Recognition (ICR): it’s the dream right? Scan your paper, load your electronic images, and stand back while the algorithms do their thing. The result is clean, usable, error-free data. Unfortunately, the expectation and the reality are often very different. While moving toward...

In A Commoditized Market

Anyone in the Data Capture industry can attest to the fact that it’s highly competitive. Common strategies used to differentiate and win new business may feel good, but they don’t scale. This article will help provide an understanding of what doesn’t work and how you can fix it. The most...