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Leverage AI to Automate Invoice Processing using ServiceNow’s Low-Code Solution

Perficient

With the onset of digital technologies, the transformation of manual tasks into automated processes is a game changer. One of the examples is managing the 12-b1 fees, which are marketing and distribution costs in mutual funds. One such transformative solution is Automated Invoice Processing. What is Automated Invoice Processing?

Training 221
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Leverage AI and Automated Invoice Processing using ServiceNow’s Low-Code Solution

Perficient

With the onset of digital technologies, the transformation of manual tasks into automated processes is a game changer. One of the examples is managing the 12-b1 fees, which are marketing and distribution costs in mutual funds. One such transformative solution is Automated Invoice Processing. What is Automated Invoice Processing?

Training 221
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Examining industries: The importance of industry analysis for financial institutions

Abrigo

How industry analysis can improve your credit risk management Understanding your customers' businesses leads to better loan pricing, structure, and risk management. Takeaway 2 Carefully considering a new customer's industry ensures it is a good fit for your risk appetite and helps better manage your customer relationship.

Analysis 195
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Solve This Problem with Your Strategic Horizon

South State Correspondent

This all compares to about a 40%+ return invested in improving processes (loan, branch, cash management, etc.) In comparison, investments in new technology or new business lines pale in comparison to other strategic investments due to the time and effort it takes to get a business line off the ground.

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How to Set Your Strategic Planning Time Horizon

South State Correspondent

Research & development, product design, human capital and brand building is usually a next year item when it should be a next decade exercise. Bank management is hyper-focused on net interest margin. Expense control, loan growth targets, managing cost of funds and customer acquisition dominate executives’ time.

How To 195
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Data-driven strategies for banks and credit unions: Start here

Abrigo

Takeaway 2 Do you have the right technology to efficiently generate strategic insights now and on an ongoing basis? Staff producing the reports must communicate with management and inquire what management wants to glean or achieve from the data insights. Would you like other articles like this in your inbox?

Strategy 195
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Walgreens Adds To Digital 3.0 Momentum

PYMNTS

This new platform will also dramatically enhance WBA’s marketing effectiveness and power the company’s strategic initiative around mass personalization — delivering the right offers and content to the right customer, in the right context, at the right time and through the right channels,” said the company in a statement.

Exercises 249