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Why Data is So Important to Manufacturing Budgets

Centage

Technology has been a boon for manufacturing in a million different ways – from online ordering, to faster invoicing, to optimizing sales teams. And with data collecting sensors and Internet of Things (IoT) devices, businesses can predict maintenance and replacements for critical equipment which helps to avoid downtime.

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What the Heck Is Power Automate?

Collectiv

Approval Flows Approval flows automate the process of requesting approval for things like invoices, budgets, or scheduling requests. Some of these tasks include saving emailed reports to SharePoint, sending bulk emails to communicate salary changes, or triggering status changes when a new sales lead comes into the system.

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Mid-Year Update on Key Trends to Watch

Bramasol

For example, RPA processes handling repetitive and rule-based tasks, such as data entry, document processing, and invoice reconciliation can be guided by new, higher level AI insights and learning capabilities. Customer Experience and Personalization: AI enables businesses to deliver personalized experiences to their B2B customers.

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9 Signs Your Startup Needs a Fractional CFO - By JP Puchulu

Boston Startup CFO

They can also bring to your attention many key details that must be communicated to investors to secure their interest. Improving your billing and collections : A CFO can help you review your billing and collections process and suggest ways to improve it, such as by implementing systems to track invoices and follow up on overdue payments.

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B2B Startups Welcome Another Unicorn With TripActions Funding

PYMNTS

With artificial intelligence (AI), Fraugster has developed a software solution that prevents fraud for online retailers, analyzing data from multiple sources and cross-checking information to determine whether a transaction is fraudulent or not. Based in Germany, Fraugster raised more than $13.9 SESAMi/Capital Match.

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Electronic Invoicing Opens A Door To SMB Digitization

PYMNTS

Chamber of Commerce found that 79 percent of SMBs surveyed said they’re using digital tools to communicate with customers and suppliers, with similar penetration rates found in SMBs’ efforts in sales, customer information and advertising. The impact and ROI of electronic invoicing can be more immediate, too.

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How Data Errors Thwart Firms’ Automation Goals

PYMNTS

Automation of business processes can quickly get derailed if the data that a system is working with is incorrect. You need to understand the data elements of what’s causing orders or invoices to have someone have to look at it.”. Conexiom has recently focused on data management with its services.