Every business that decides to go digital has to go through a transition process wherein the existing physical documents are converted into digital data. This is a meticulous process that takes significant time and effort. You need scanning devices and…
Document indexing is making your documents search-ready based on certain characteristics or information in it. Indexing can be done on database documents or text documents. In databases, the table is indexed by the columns that are mostly accessed or searched…
Every business has to deal with invoices whether they purchase or sell goods or services. A consolidation of the sales or service invoices would give an idea of the turnover made by the business. A consolidation of the purchase invoices…
Data capture involves many techniques using modern technologies. Tools and technical knowledge are equally important when it comes to capturing information. Achieving high quality information is not an easy job. It requires the right technology applied optimally to render quality…
While more companies are opting to delegate their non-core business processes to a competent offshore BPO partner, there are a few that are still worried about some basic necessities such as data security and control over the information. Selecting the…
If you have taken a house on mortgage loan, you need to know about Mortgage Protection Insurance or MPI. MPI is like a special life insurance that takes care of your mortgage payments in case the payer dies or becomes…
Invoices help the businesses account for the cash inflow. For most of the businesses, sales invoices form the major source of cash inflow and unless they are properly input they will not be able to account the cash-flow accurately. This…
Mortgage processing is a high-valued business service that requires ample time, effort and expertise. It involves much documentation, verifications and validations, title checking, credit score checking and other processes that are not only cumbersome but also critical. Since the mortgage…
BPOs have become an important part of all types of businesses. From market research to customer care, BPOs are inevitable to get some of the most important jobs done whether they are core or non-core. Thanks to globalization, the IT…
Back office functions are essential to keep track of what’s happening in your business. But many small businesses find it difficult to manage the back office processes effectively due to the lack of resources and funds to maintain an in-house…