Iron Mountain, a provider of storage and information management services, has announced a partnership with Hyland, a provider of enterprise content management software, to help reduce the costs and inefficiencies associated with manual, paper-based back office business functions like accounts payable, contracts management and other back-office processes.
Through the partnership, Iron Mountain is introducing “Iron Mountain Workflow Automation powered by Hyland,” a set of solutions that automate the workflows for these functions, enabling organizations of all sizes to convert to digital ways of working, saving time and reducing costs.
By combining Iron Mountain’s records management and document imaging processes with OnBase by Hyland’s hosted workflow software, customers can work more efficiently by integrating physical and digital information.
According to the companies, the new combined solution can assist organizations in achieving streamlined A/P processing, reduced employee involvement to exception handling, and reduced cost per transaction; streamlined monthly financial close, improved controls, visibility, tracking and dispute resolution; freedom from routine tasks, process visibility with quantitative metrics and audit tracking; and faster turnaround, along with minimized risk of noncompliance penalties and missed opportunities for renegotiation.
Source: KM World
Shared Services Forum, India, felicitates Rahul Singh (President – Financial Services Division, HCL Technologies) with the PIONEERING BUSINESS ACHIEVER AwardView
Rahul Singh (President- Financial Services Division, HCL Technologies), made a presentation on GLOBAL INDIA – RIDING THE DIGITAL WAVEView
ONGC embarked upon realignment of its multi-faceted business activities through the powerful medium of IT. The IT mission was realigned ‘To develop an integrated, flexible and standardized Information Technology architecture to position ONGC towards fundamental competitive advantage’. To achieve this objective, Project ICE – Information Consolidation for Efficiency was born,out of the strategic vision of … Continue reading Project ICE @ Oil and Natural Gas Corporation Ltd...Read More
Key initiatives taken during BPM Implementation/ Automation: FileNet enabled, progressive payment life cycle reduction from 90 days to 53 days further reduced to 17 days in Jun’13 with >85% payment on time through VPOT (Vendor Payment on Time) program Fully automated in-house tool was developed for revenue reporting by integration of the billing systems with … Continue reading BPM Strategy at Airtel Centre of Excellence...Read More