Articles

How much does it cost to process an invoice…?

It’s an interesting question and one that many business leaders don’t take the time to ask. Many businesses take the approach that the cost of an invoice is the value of the figure on the bottom of the last page. Unfortunately that is just the amount that comes out of your bank account, it is not the cost I’m talking about. I’m talking about what it costs you over and above the value of the invoice to process, approve, code and pay that invoice.

How RPA Can Make Data Extraction and Migration Easier

Is there a role for robotic process automation (RPA) in data extraction and migration? A contextual definition of data migration provided by UiPath is “the movement of data from an older legacy system to its new replacement system”. The crux of the matter is that legacy systems will be switched off upon data extraction and migration. So, migration should be handled properly, because once it’s switched off, there’s no turning back.

NZ Privacy Commissioner happy with data on Australian Azure cloud

The New Zealand Office of the Privacy Commissioner (OPC) has entered into a contract with Microsoft to store all applications and data on external servers. After conducting its own Privacy Impact Assessment on the use of Microsoft cloud services, it will store the data in Microsoft’s data centres in Sydney, with possible backups in Melbourne.

Text Analytics Boosts Australian Defence Intelligence Capability

The Joint Command Head Quarters of the Australian Department of Defence (HQ JOC) is deploying a high speed text extraction and analysis application, Sintelix, developed by Semantic Sciences.

Accounts payable (AP) has a reputation problem

In many ways, it’s well-deserved. In a recent survey conducted by the Institute of Finance and Management (IOFM), controllers unloaded about the aspects of AP they found most burdensome and backward. Compared to accounts receivable, payroll, tax and audit, AP was considered by controllers to be the most time and labour-intensive function of all.

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