Document Processing: Why and How to Automate

When it comes to winning the race for speed and efficiency, manual document processing is still the Achilles' heel of many organizations. You may have the most sophisticated automatic business process in place, but if you still need human intervention to validate your documents, you’ll always lag behind.

It’s just like the story of the rabbit and the turtle. The rabbit was in good shape to win the race but decided it was a good time to take a nap, allowing the turtle to surpass him. Now think of processes: to submit an expense and get a refund, for example, most steps are automatic, but the validation is still done with human intervention, which will slow the whole process down--that’s the rabbit nap in the story. I know, mind-blowing.

7 Incredible Digital Innovations in Media and Entertainment

Digital innovations are not a know-how topic in 2020 because the processes of the Fourth Industrial Revolution have swept not just manufacturing and traditional industrial practices but literally every field of human life. The process took its time and pace, but this year digitalization of business was significantly speeded up due to lockdowns caused by the ongoing fight with COVID-19. Today businesses that fail to introduce new technologies to their daily operations will not survive the competition; 34% of media and entertainment companies will no longer stay in the market without help from a digital transformation agency.

If you surf the web, you are likely to see the roaring and impressive implementations of robotics in all spheres of business, AI-based algorithms working with Big Data, and the ubiquitous blockchain going far beyond the financial sector. This article, however, focuses on the less famous, yet still groundbreaking elements of media and entertainment digital transformation.