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Thoughts on document scanning, document management, and office automation.

Student Loans Erased Due to Missing Paperwork: A Lesson in Document Management

With borrowers facing billions of dollars in education-related debt due to the rising cost of higher education over the past few decades, student loans are already a hot topic. The topic has gotten even more attention lately due to the discovery that billions of dollars – $5 billion to be exact – in student loan debt may vanish completely due to missing paperwork and poor recordkeeping on the part of private lenders. While that might be great news for indebted students, it’s terrible news for these lenders.

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Your Business Continuity Plan Needs Document Scanning

Have you thought about how an unforeseen catastrophe might affect your business? Even something as random as an electrical fire or crane accident can lay an unprepared company low. Were a catastrophic event to take place that affected your organization’s base of operations, how would you deal with the fallout?

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How Cloud Document Management Meets the Needs of Today’s Decentralized Workforce

Today’s workforce is increasingly decentralized due to the use of freelancers and the desire of employees to work remotely. According to a recent McKinsey study, this trend will continue with 40% of the American workflow being freelancers by 2020. Organizations must change the way they plan, manage and execute work to meet this new phenomenon.

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Mobile Invoice Processing is Here

Digitech Systems has a great infographic showing how you can more efficiently process your invoices by automating your accounts payable processes.

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How to Respond to Document Requests Quickly

One reporter recently wrote about his experience requesting information from the State Department. After a long wait and finally getting a response, he learned that there is a backlog of requests because “the office lacks copy machines that can handle the volume required.” Astonishing, but not surprising to me.

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How Hospitality Businesses Can Offset the Coming Minimum Wage Hikes

In the extremely competitive hospitality industry, operational efficiency is something that is always top of mind at all management levels. But for restaurants and hotels in New York state, looming minimum wage increases are now making it a more important factor in an organizations’ success than ever before.

Read more

An Automated Retention Schedule Helps You Stay Compliant, Efficient and Profitable

Storing paper records in long-term box storage facilities can be a cost-effective way to meet these guidelines if those documents never need to be retrieved. But the recent fire in a box storage warehouse in Brooklyn exposes the inherent risks of analog versus digital storage.

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Student Loans Erased Due to Missing Paperwork: A Lesson in Document Management

With borrowers facing billions of dollars in education-related debt due to the rising cost of higher education over the past few decades, student loans are already a hot topic. The topic has gotten even more attention lately due to the discovery that billions of dollars – $5 billion to be exact – in student loan debt may vanish completely due to missing paperwork and poor recordkeeping on the part of private lenders. While that might be great news for indebted students, it’s terrible news for these lenders.

Read more

Have you thought about how an unforeseen catastrophe might affect your business? Even something as random as an electrical fire or crane accident can lay an unprepared company low. Were a catastrophic event to take place that affected your organization’s base of operations, how would you deal with the fallout?

Today’s workforce is increasingly decentralized due to the use of freelancers and the desire of employees to work remotely. According to a recent McKinsey study, this trend will continue with 40% of the American workflow being freelancers by 2020. Organizations must change the way they plan, manage and execute work to meet this new phenomenon.

Digitech Systems has a great infographic showing how you can more efficiently process your invoices by automating your accounts payable processes.

One reporter recently wrote about his experience requesting information from the State Department. After a long wait and finally getting a response, he learned that there is a backlog of requests because “the office lacks copy machines that can handle the volume required.” Astonishing, but not surprising to me.

In the extremely competitive hospitality industry, operational efficiency is something that is always top of mind at all management levels. But for restaurants and hotels in New York state, looming minimum wage increases are now making it a more important factor in an organizations’ success than ever before.

Storing paper records in long-term box storage facilities can be a cost-effective way to meet these guidelines if those documents never need to be retrieved. But the recent fire in a box storage warehouse in Brooklyn exposes the inherent risks of analog versus digital storage.