Accounting & Business Services Archives • Page 4 of 5 • Parashift IDP Software

The advantages of fully validated position data in accounting

Modern OCR solutions are becoming increasingly relevant and popular. Consequently, the estimated annual growth rate of this market is correspondingly high. Specifically, approximately 10% per year. The question now arises as to why this industry is estimated to be experiencing such...

September 29, 2020

Accounting & Business Services

The costs of manual and software-supported invoice extraction part 3

This article is the last in our mini-series on the costs of manual and software-based invoice extraction. But first a short recap. In the first article, we looked at the different cost positions that are usually relevant for manual invoice extraction. Often...

September 24, 2020

Accounting & Business Services

The costs of manual and software-supported invoice extraction Part 2

This blog post follows on from the last article, where we looked at the various cost positions that are usually incurred in manual invoice processing. We will now calculate these costs for the sample company Musterfirma AG. Note: Like the company,...

September 22, 2020

Accounting & Business Services

The costs of manual and software-supported invoice extraction Part 1

Many companies still process incoming invoices manually. According to rough estimates, this is a proud 90% of companies. This despite the fact that even with a relatively small number of invoices, the required effort quickly becomes expensive and, with increasing volume,...

September 17, 2020

Accounting & Business Services

Never miss cash discounts again thanks to faster throughput times

Does your company receive all sorts of cash discounts that you can take advantage of on a regular basis? If so, according to a survey by Levvel Research, you are one of the 33% of companies that do. Around 16% of...

September 10, 2020

Accounting & Business Services

Automation as job killer in accounting: Fact or myth?

When people talk about automation, digitalization and robots, they quickly come to the idea that human labor is being replaced by modern technology. While this may certainly be the case for certain technologies and industries, automated document extraction does not...

September 8, 2020

Accounting & Business Services

The advantages of automated invoice processing in your accounts payable department

When it comes to the question of which business area would tolerate an upgrade, accounts payable departments in particular should be examined more closely. After all, there is often plenty of scope there to generate disproportionate impact with only marginal...

July 7, 2020

Accounting & Business Services

Swiss QR invoices: OCR and data extraction with Parashift

Not long to wait now. On 30 June, the QR invoice will replace the two existing Swiss payment slips in red and orange. An era ends and a new one begins. The new Swiss standard contains a barcode with the most...

June 19, 2020

Accounting & Business Services

5 reasons why you should outsource your document capturing

Companies of all types and sizes are confronted – to varying degrees – with challenges in the craft of information management. Even the average company produces an enormous volume of documents every year. This because quite often already only single...

June 4, 2020

Accounting & Business Services

Skill shortage trust: Why automation of simple tasks is so important

One might think that with the omnipresent digitization, jobs such as data scientists, digital transformation managers or software developers have become the most sought-after professions. But if you look at the statistics, the reality looks different.According to the Swiss Job Market...

June 2, 2020

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Category: Accounting & Business Services

The advantages of fully validated position data in accounting

The costs of manual and software-supported invoice extraction part 3

The costs of manual and software-supported invoice extraction Part 2

The costs of manual and software-supported invoice extraction Part 1

Never miss cash discounts again thanks to faster throughput times

Automation as job killer in accounting: Fact or myth?

The advantages of automated invoice processing in your accounts payable department

Swiss QR invoices: OCR and data extraction with Parashift

5 reasons why you should outsource your document capturing

Skill shortage trust: Why automation of simple tasks is so important

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Category: Accounting & Business Services

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