# Automation
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Workflow tools abound in many different flavors and choosing the right one can be difficult. In episode 2 of this series, I highlight a few examples, examine the growth in the industry, and leave you with a few tips and takeaways. If you missed episode 1, be sure to check it out here: https://mydacfeed.com/view/video/back-it-exploring-business-process-automation-and-how-it-impacts-you-episode-1Sources: Workflow market size source: https://www.marketwatch.com/press-release/workflow-management-system-market-size-share-trends-research-analysis-growth-rate-business-opportunities-and-competitive-landscape-covid-19-impact-2021-01-12 Power Automate/Microsoft Flow release source: https://flow.microsoft.com/en-us/blog/announcing-ga/ Power Automate Forrester source: https://info.microsoft.com/ww-landing-forrester-TEI-of-power-automate.html Zapier info source: https://www.drift.com/blog/how-zapier-grew/
This recent piece by AI Authority shows accounts payable departments still largely process invoices manually. When the question was posed in a survey of accounting and finance professionals, “What is your organization’s location on the AI journey?” the majority of responses were split with 42% saying they were in the planning stage to 40% saying they were not planning on implementing AI tools at all. This indicates a lack of awareness of modern technology and tools.
On March 10th at 11am EST we are gathering the best of the best in the burgeoning Accounts Payable Automation market, where there is a battleground emerging for best of breed solutions to minimize errors, save money and streamline processes. Tap or click here to register for free today! With a compound annual growth rate of 12% the time is now for CFOs, AP Management and other Accounting Professionals to choose the solutions that are best for your business, consider your integration strategy and more--and we have created your short list!
This article from Jeshtal Sheth of Customer Think provides a great, simple overview of what Business Process Automation is, a few use cases, and other areas to consider automating.
With the expected growth to reach $152 billion by 2024, the Business Process Automation arena is a big area to explore. but we will break this down during this multi-part series. We'll explore best practices, areas to automate, and tools in these areas, and tips to help you along the way. So, join me during this journey as go through this adventure.Source:CAGR source: https://www.businesswire.com/news/home/20200723005562/en/Global-Shared-Services-Market-2020-to-2024---Industry-is-Driven-by-the-Need-for-Business-Process-Automation-and-Cost-Reduction---ResearchAndMarkets.com
AP Automation Battleground on March 10, 2021 at 11Am Eastern gives an inside view of how AP Automation solutions streamline process, save money and reduce errors as they comply with federal, state and local regulations. We have created your short list, now see which one is right for you.
How do we overcome the barriers of achieving a massive shift to digital B2B payments and away from paper checks? This article by Justin Main from CFO Daily News, outlines the answer to that question and dives into Interoperability.
People love to use tech buzzwords. Internet hype or not, check out the top 10 IT & technology buzzwords that everyone will discuss in 2021!
This What's Awesome and What Sucks podcast considers the cultural and people elements of digital transformation, showcases this research from Pega and speaks to our discussion with Matt James in the Sales Tax Laws Binge and Bob Evans in the Digital Acceleration Binge. Drop your thoughts below if you want to start a chat on what's up with this stuff.
In this blog by Pablo Moreno, we reflect on the growing implementation of digital transformation in the workplace and how we (might) see it evolve in the future.
Part two with Peter Joeckel of HandsFree ERP with a non-scripted look into where the world is going and what we should focus on now. for more from Peter, tap here to set up a discovery call to see how his POV can give your company a hand.
Bridget, John & Aaron share some of the key things to look forward to in the 2-hour sales tax laws digital event at 11am EST on Wednesday 2.24.21, join us by tapping here for free!