Across the entire Record-To-Report (R2R) cycle, businesses face the extremely labor-intensive and risk-prone process of completing a close cycle within specific timelines and that too in an error-free manner. However, with automation available to improve process efficiency and effectiveness, the benefits of the R2R solution are immediate and demonstrable. For long, Excel spreadsheets, despite inherent
Though organizations tend to deliver end-to-end automation beyond RPA by combining complementary technologies to augment business processes, there is a lack of guidance to assemble RPA with other tools. This hinders end-to-end process automation, causing these organizations to miss out on strategic business values. Robotic Process Automation or RPA may provide quick relief as a
Beyond proofs of concept, CIOs and CEOs want to see evidence of hard returns on investment for how IoT improves business processes, optimizes operations, enhances workforce productivity, increases revenue, and drives customer loyalty in a quantifiable manner. For extended, the Internet of Things (IoT) benefits have not gone beyond hypotheticals and potential opportunities. However, in
GIS can be used to great success in the telecommunications industry, including designing and applying efficient infrastructure to power 5G. Throughout the stages of development, GIS makes each step easier Every part of a telecom’s business involves location. All the vital information and key data points, including customer information, network ownership, weather forecasts, and competitor
Many businesses are turning to Cloud analytics since it has enticing features and functionalities that benefit them. Many new analytics tools, ecosystems, and capabilities in the Cloud can be quickly leveraged to test, pilot, and roll out new offerings. As a result, many businesses seek Cloud service providers who can assist them in allocating resources
With the advent of COVID and the subsequent global trade upheavals, supply chain organizations have a once-in-a-lifetime opportunity to transform their operations. Companies that don’t prepare for future supply chain disruptions risk being disrupted and left behind by their competition. Supply chain was always vital, but more often than not, it was considered a low-profile
The critical imperative of re-thinking your existing Process-To-Pay (P2P) process is to move away from the siloed business functions. Many facets of the conventional Procure-to-Pay cycle is plagued with bottlenecks such as complex workflows, manual operations, and delays. The strategic shift to the next phase of transformation will help organizations identify inefficient spend practices and
Barring a few niche areas, LiDAR has not been widely adopted. However, that’s going to change soon as more and more companies are inkling towards Web-based AI service for analyzing LiDAR data for their benefit, people, and society. LiDAR is an acronym for a remote sensing system known as light detection and ranging. LiDAR is
At a high level, one needs to bring together technology and product portfolios with the people and ecosystem partners necessary to increase business performance and minimize risk. A flexible Enterprise Performance Management (EPM) solution can and provide the best value for your stakeholders. Businesses are looking at automating their processes like never before. Efficient month
COVID-19 has compelled many companies to overhaul their technology and migrate their services to the Cloud, permitting them to significantly lower their typical operating costs. Amazon Web Services (AWS) is one of the most reliable and scalable cloud services available, offering businesses a suite of services that can be used to power everything from small