Traditionally, the activities of a business are divided into two offices: the front office and the back office. The separation between the two is fairly intuitive: the front-office acts as the profit center of the business and supports all of the functions that drive revenue into the business. The back office is the cost center […]
Organizations today collect massive amounts of data as part of their normal operations, but in order for that data to be put to use it must be collected, analyzed and presented in a meaningful way. If your organization collects data on physical forms, such as written medical claims forms or a physical credit card application, […]
As today’s companies collect more data than ever before, there is a growing need for efficient data management in corporations across industries. While some organizations have opened new departments, hired additional employees and developed capabilities for in-house data management, the cost of doing so has proved prohibitive for many small-medium sized businesses. As a result, […]
Back office business process outsourcing represents a significant opportunity for organizations of all sizes to achieve cost savings. Instead of creating new departments, hiring new employees and conducting back-office processes in-house, organizations can choose to outsource things like payroll, manual data entry, repetitive research tasks or image scanning to a third party – typically for a […]
Data management is one of the most important initiatives for businesses in 2018. Broadly speaking, data management includes the development and implementation of systems, policies, processes, and procedures that allow organizations to efficiently manage the information that they collect or generate in the course of doing business. In 2018, organizations are generating and storing more […]
Data entry is a routine task for thousands of businesses that collect information from their customers and wish to store, analyze, or otherwise make use of it. When it comes to governing an effective data entry process, accuracy is the name of the game. Depending on the industry and situation, a single inaccuracy in the data […]
Data entry plays a unique operational role in many organizations. On the one hand, data entry is typically seen as a low operational priority. While its function is often essential, business managers may view data entry as a process that should “just work” and little attention may be paid to ensuring the accuracy and integrity […]
Data entry and data management can directly impact business value and profitability depending on the quality of the data entry system. Which is exactly why a successful data entry system implementation system is so important. Getting it right the first time won’t just prevent headaches, it’ll save time and money. So, whether you’re upgrading your […]
One of the biggest determining factors of a successful data entry project is the design of the data entry process itself. Professional data entry experts always have a well defined data entry process, but for those outside the data entry field, it may be daunting or even impossible to successfully organize your data entry process. But fear […]
Back office business process outsourcing (BPO) is the practice of outsourcing supportive and administrative business processes like accounting, bookkeeping, data entry, human resources management or information and technology to an external company, rather than developing these critical business departments in-house. Companies across several industries have begun to outsource their back office services in an effort […]