For businesses, there are many ways to approach workflow to provide effective, yet flexible planning. Plans change, new situations arise, and a business needs to be adaptive enough to manage this flexibility. A lot of companies have moved to what is called an agile workflow, which allows them to maintain a plan of action, but also leaves enough flexibility for the unknown.

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For a business owner, accounts receivable is one of the most important company metrics and also one of the more confusing ones. It refers to outstanding balances owed to a business by other parties. Where possible, payees expect payment at the time a service or a product is provided, but businesses often have some form of financing that allows a customer or a client to carry a balance which is to be paid off over time. We can think of this as a quasi IOU from a customer or a client to a business.

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We are excited to announce that Comindware has won top awards in three G2 indies, including “Fastest Implementation”and “Best Support” in G2’s 2020 Index Reports for Workflow Management Software and “High Performance” in G2’s 2020 Index Report for Business Process Management Software.

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New year is on its way and we believe it is right time to get insight into workflow management system trends shaping 2020 and suggesting valuable ideas for improving your business effectivity. Recent years it got common for CIO to delve into workflow management through the lens of digital transformation, which is all about ensuring your business is ready to welcome the future and succeed. In this article, we’ll dive into the key workflow management trends with respect to digital transformation context and bring to recollection 2018-2019 trends which are still actual.

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International Organization for Standardization (ISO) a non-governmental organization through its member experts comes up with standards for goods, services and systems internationally. ISO ensures that quality is met under the laid down criteria. Its members now number 160 countries.

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If you want to run a successful business, there are financial terms you should familiarize yourself. For instance, you should understand the difference between CapEx and OpEx before you dive into strategic investments and CapEx project management. (more…)

The way the Accounts Payable (AP) department processes invoices essentially affects business performance. While the manual invoice management method works, it tends to be time-consuming, tedious and less reliable.

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As businesses evolve and more work needs to be done, the conventional solution is to either overwork the people or hire more people to do all the extra work. As things stand nowadays, companies cannot afford to keep hiring more people. High-skilled jobs are already difficult and expensive to fill, and getting more people on board to do low-skilled and sometimes merely repetitive tasks can set cost-saving goals back.

This is where business process automation (BPA) solutions come in handy.

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“Workflow” is a broad term that covers any series of tasks that results in an outcome. The process of changing the oil in a car is a simple workflow, as is baking a cake, designing a circuit, or creating an annual report. The digital workflow definition is different just in regards to tools that are involved in the process management. These tools include the digital task manager instead of paper notebook, workflow engine that automatically routes tasks, system for tracking progress and reporting results. You probably know from experience that when you have a “system” for accomplishing something you tend to be more consistent and do a better job of it, because you are less likely to skip steps. (more…)

Visual workflow management is a technique, and it is adaptable to any organizational setup. One essential component of visual workflow management is developing processes that can be visualized from a “top view,” so that all steps in a process can be seen at once. It’s similar to how a flowchart works, but better because you can build automated steps into visual workflows. (more…)