Document management software and workflow automation.

Records management is a structured approach that determines how records are stored and managed throughout their lifecycle.  In this article, we’ll tackle the basics from explaining the difference between a document and a record to defining its benefits and goals.

From service agreements to vendor contracts and everything in between, keeping track of contracts can quickly become overwhelming. This is where contract management comes in. It’s essential for any business that wants to protect its assets, prevent lost revenue, mitigate risk and comply with regulatory requirements.

Small- to medium-size businesses (SMBs) prioritize differently than large corporations. One size fits all does not apply when it comes to identifying the issues that are most related to keeping the company solvent and successful. Top 10 Challenges Small Businesses Are Facing Today, a recent article in the magazine Small Business Trends notes that SMBs’ most pressing concerns include better cash flow management, managing increasing employee healthcare costs, and dealing with anti-business government regulations and skyrocketing federal income taxes.

Digital accounting has transformed how businesses operate and manage their finances. The traditional methods of managing financial data through spreadsheets and manual input are shifting to keep up with the demands of modern-day technology. 

In this article, we discuss its role and identify the significance of integrating digital processes. We also highlight the benefits of digital accounting and provide you with the steps to take to harness the digital transition successfully.