According to Business Insider Report, 44% of businesses are looking to add automation to their payables processes as a way to capitalize on the efficiency and cost-cutting benefits it brings in, while also cutting fraud and increasing access to payment data.
Documents are part of every organization in one or the other form and handling/processing them become a cumbersome task when they are in bulk and when there is a huge number of documents to be processed manually.
Usually, an organization encounters the following major problems while dealing with its documents:
Hyper-Automation is automation of activities that were done by humans and exactly the way we would expect humans to do it. When we look at automation of activities it is primarily driven by the 5 human senses and humans have tried to mimic those in the real world and to elevate human life. From driverless cars to smart virtual assistants, from biometric sensors to connected devices, from smart cities to connected homes; the use of technology has become widespread. Many activities that we used to do physically are already automated, it has become a new norm for all of us and the future would be even more interesting with some amazing technologies shaping our lives in the coming years.
According to research, last year, most of the AP Leaders suffered a miserable state, a majority of 60% still face lengthy invoice and payment approval times. Invoice processing is the most important part of the accounts payable process, which is mostly performed manually. This blog will discuss how to use automation in invoice processing and make the process easier.
Welcome to Part 6 the last part of the six-part series on “How to Manage your Time, Instead of Time Managing Us “.
In the previous parts, we have explored how “Staying Healthy”, “Planning the Day”, “Managing the Daily Tasks”, Staying Motivated” & “Discipline” can help us in Manage our Time effectively. In this final part, let us all evaluate what worked and what didn’t for each one of us…..
Welcome to Part 5 of the six-part series on “How to Manage your Time, Instead of Time Managing Us “.
In the previous four parts, we have explored how “Staying Healthy”, “Planning the Day”, “Managing the Daily Tasks” & Staying Motivated” can help us in Managing our Time effectively. In Part-5, we will discuss about “Discipline”.
Self-discipline is the art of getting yourself to take action irrespective of your mental state
Welcome to Part 4 of the six-part “How to Manage your Time, Instead of Time Managing Us “series.
In Part 1,2 & 3, we have explored how “Staying Healthy”, “Planning the Day” & “Managing the Daily Tasks” helps us in Managing our valuable Time. In Part 4, let’s understand how “Staying Motivated“ is important
4. Staying Motivated
To be able to stick to our plan, it is important that we also stay motivated until the time the task is complete. Staying motivated needs, a lot of work on self. We cannot depend on external factors to keep ourselves motivated and expect to be happy and motivated throughout. We have to have very good self-control and strong will power to be able to manage our motivation.
3. Managing the Daily Tasks
Once planning and prioritization is done, the next important activity is to make sure we are able to manage the tasks in the given timeline. Else, the entire planning effort goes waste.
Welcome to Part 2 of the six part series on “How to Manage your Time, Instead of Time Managing Us “.
In Part 1, we explored how “Staying Healthy” helps us in Managing our Time. In Part-2 , we will dig deep into “ Planning the Day”
2. Planning the Day
This is the most critical step to achieving your day’s goal. Planning has to be good to make sure we are satisfied with our accomplishments at the end of the day.
Is there a magic potion for being productive, meeting deadlines, and delivering more than is expected?
Yes, there is and it is not any serum or tablet or capsule that you can just gulp down with a cup of morning coffee and expect things to happen magically.
It is understanding the essence of time and its a direct relation with success and money. If we respect time, time will respect us.
It is for nothing wise men and great leaders have said “Time is Money”. The one who has understood this is already on the path to success.
What is time management? How do you strive for a balance between your professional and personal life? How do you take care of yourself and still manage to deliver everything and keep your bosses wondering?
The best way to achieve all of this is by being self-managed.