Our configurable solutions can be rapidly implemented to equip your workers with the tools they need to process transactions and manage vendors from any location.
Advances in technology continue to expand the possibilities for data capture, making it increasingly important in the modern data-driven world. The most important aspect of taking advantage of the right set of data capture technologies is to have a thorough understanding of the data, your vendors, your companies requirements, and the financial contribution you expect.
It’s all about understanding the content and process Understanding the documents is extremely valuable when setting up a successful AI OCR (Optical Character Recognition) solution. OCR technology is used to extract text and information from images or scanned documents, and its effectiveness depends on understanding the quality and relevance of the documents being processed. Here’s […]
Is your financial back-office as efficient and cost effective as it can be? Reducing back-office costs is a common goal for many organizations looking to improve their financial efficiency. As you construct your budgets and develop operating plans for your financial back-office, here are some top strategies that can help you achieve increased efficiency, cost […]
Remember that transforming the financial back office into a profit center requires a well thought out strategic approach, alignment with organizational goals, and ongoing efforts to innovate and adapt to changing market conditions. Start a discussion with ICG Consulting about your back-office goals or request a demonstration of ICG’s back-office automation solutions that can help you to transform your financial back-office.
The investment may be worth it, but there are up front and ongoing cost. As summer winds down and we head into budgeting season, many companies will have Artificial Intelligence (AI) based solutions on their radar for the upcoming budget year. When formulating your budgets keep in mind that the costs of implementing advanced AI […]
Contact ICG Consulting today to start a conversation on how ICG’s AI assisted data capture solutions can deliver immediate value to your financial back-office.
Where to leverage artificial intelligence AI-assisted applications can greatly drive financial back-office automation by streamlining processes, reducing manual effort, and increasing accuracy. Here are a few AI-powered applications that can be utilized in financial back-office automation: It’s important to note that while AI-assisted applications can automate several aspects of financial back-office operations, human oversight and […]
AI can be an enabling technology and need not be an “all or nothing” proposition. Using elements of AI to augment and strengthen embedded technology solutions can provide significant short-term benefit
Artificial Intelligence (AI) plays a crucial role in data capture and OCR (Optical Character Recognition) applications, revolutionizing the way we process and extract information from various sources. For accounts payable (AP) departments and other financial back-office areas, AI assisted data capture can provide tremendous efficiencies and increased accuracy.
What are the factors to consider in an AP automation solution? When selecting an AP (Accounts Payable) Automation solution, there are several factors to consider. Of course your specific company and industry requirements will play a role, but in general here are some key things to look for: Beyond the technology it is important that […]
