Automatic incoming invoice processing as a critical success factor

The processing of incoming invoices in a company is, in principle, associated with a relatively large amount of work and thus high costs. Especially if the company has a majority of analog incoming invoices and performs invoice verification and processing...

November 5, 2020

Parashift Parashift Platform

Parashift Platform release update calendar week 44

This week we have continued to work on shaping the validation interface of the Parashift Platform so that you not only have an easy-to-understand and use interface, but your employees can also do their jobs really quickly and efficiently. To...

October 31, 2020

Parashift Parashift Platform

Parashift Platform release update calendar week 43

For the first time, I have the pleasure to present the latest feature releases of our platform to the public. I would also like to take this opportunity to show you more generally how the user interface of the new...

October 30, 2020

Finance & Insurance

Why challenger banks use OCR and machine learning

Challenger Banks are not called challenger banks for nothing. With their contemporary thinking and actions, they challenge not only established banks but also other neo-banks. The rapid rise of some challenger banks should not have escaped the attention of the...

October 29, 2020

News

Automatic reconciliation of credit card statements with receipts or invoices

Happy employees = higher productivity = more successful company. A successful company is progressive, which can be seen in the way it handles its finances. Companies that let their employees pay for business expenses such as food, travel and hotel...

October 27, 2020

News

Self-service for tenants, owners & craftsmen in the online portal of the property management companies

Fortunately, digitization does not stop at the dialog between property management companies and their tenants, owners and craftsmen. Not so long ago, communication was still exclusively by telephone and e-mail (or by mail…), but many property management companies now offer...

October 24, 2020

News

Why your marketing should design loyalty programs

Loyalty programs are an integral part of offline marketing and have been for years. They create a bond between the brand and the customer. Buy a product, receive adhesive, stick adhesive on a loyalty card, take the full trading card...

October 22, 2020

Finance & Insurance

Transform your KYC process with AI OCR

Many of today’s “Know your Customer” (KYC) process designs at banks and other firms are inefficient, cost-intensive due to manual processing and are therefore not only a thorn in the side of the banks themselves, but also for the customers...

October 20, 2020

News

Modern document extraction for cost-efficient contract processing

Regardless of the size of the company, contracts and their specific conditions practically always form the basis of existing and future business relationships. Accordingly, it is worthwhile for companies to take a comprehensive look at the entire contract management process,...

October 15, 2020

Finance & Insurance

Document processing in the insurance industry

Since it has been common practice in the insurance industry to receive a huge amount of documents every day, one might well think that in 2020, document processing is automated for the most part. It is therefore all the more...

October 8, 2020

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Author: Lenja Weidenfeld