Small Business Actions After COVID-19: A New Infrastructure for a New Working World
As of 26th May 2020, the systematic kickstarting of economies across much of Europe and North America is underway. Small businesses are breathing a sigh of relief. Economies the world over will now begin recovering and rebuilding. Never in modern times has the world collectively ground to a halt as it has since March 2020. […]
Everything You Need to Know About Zonal Optical Character Recognition
You’d be forgiven for scratching you’re head and quietly marvelling over how quickly receipt scanning software is advancing. The last few years alone has seen the technology improve comprehensively to the point that reliable data extraction and storage makes managing your finances a breeze. Arguably, one of the more notable developments has been the introduction […]
Four Trends Currently Impacting Food CPG
The consumer-packaged goods (CPG) food industry is booming. Not only that, it’s evolving rapidly. Leading brands across the sector have completely re-imagined their brands to achieve mass-market appeal. From diversifying their products to reflect the growing onus on sustainability and organic foods to using less non-biodegradable packaging, and even utilizing a receipt parser and other innovative […]
How AI Will Shape the Future of Accounting
AI is penetrating a wealth of global sectors. This isn’t a trend, it’s an evolution, one the promises to revolutionize commercial processes and communication. From telecommunications chatbots which automate responses to consumer queries to mining data in the biopharma industry for use in drug production and, of course, receipt extracting, AI-powered ecosystems are beginning to […]
Is RPA Technology Good for Your Business
RPA can be used with OCR for receipts e.g. using OCR to extract line item data via a receipt API like Tabscanner. Then use RPA to enter the data intelligently (RPA is able to categorise the receipt data however needed). Is RPA Technology Good for Your Business or Is Relinquishing Control Likely to Lead to […]
Four of the Best Expense Tracker Apps of 2020
The best business expense tracker apps enable users to optimize their expenditure and provide the surest receipt tracking. This, in a nutshell, allows businesses to maximize their profits by keeping their overheads manageable. Not only that, importing credit card transactions and complete integration of most accounting software can be easily achieved, giving users a comprehensive […]
Five Things That Brands Need to Know About Their CPG Audiences
2019 saw CPG marketing teams handle their fair degree of challenges. The increasing complexity of the customer journey, combined with keeping up with consumer marketing trends, such as the pressure on brands to produce sustainably packed goods, has triggered a change of strategy for many brands. This only scratches the surface of what brands need […]
A Deep Dive into RPA And Why It’s a Technology That You’re Sure to Hear More About
With the ever-evolving fluidity of technological innovation, even the most tech-savvy of professionals find it difficult to predict what’s on the horizon. However, they do agree that AI is sure to completely revolutionize our professional and personal lives in the coming years in myriad of ways. The much-lauded ingenuity of RPA (Robotic Process Automation) has […]
Four Ways to Support Your Mental Health in an Expense Management Position
According to the NHS, in 2017-2018, anxiety and depression accounted for 44% of all work-related ill health cases and 57% working days lost due to ill health. Those are astounding statistics. In the UK alone, half of all illness and absences are as a direct result of a mental health malady. It’s been hard to […]