Article

Minimize Corporate Paperwork

If there’s anything that sucks up time and hinders productivity; it’s paperwork. Like most things, you need to strike a balance between the amount of paperwork required for control and the cost of that paperwork and the potential savings from the controls.. This promotes accountability without adding unnecessary work. By far, the best way to achieve this balance is through the use of technology. Information input is less time consuming and files can be stored and sorted with ease. Here are some ideas on how businesses, industries, and organizations have been able to use technology to fight the paperwork mountain:

Barcodes and Scanners – https://findarticles.com/p/articles/mi_qn4158/is_19950615/ai_n13988571
Handheld Computers – https://goliath.ecnext.com/coms2/gi_0199-1585761/Palm-Handhelds-Cut-Paperwork-Burdens.html
eForms – https://www.informationweek.com/news/management/showArticle.jhtml?articleID=15600307
eFile Taxes – https://www.irs.gov/businesses/corporations/article/0,,id=146959,00.html

Here’s how you can eliminate the need for expense reports and automate reconciliations.
 

Business people, laptop and meeting in planning, teamwork or coaching for project on bokeh background at office. Group of happy employees working on computer for schedule plan, ideas or team strategy

Why Your Finance Department Should Believe In Ghost Cards

AB-Best Places to Work in Fintech-Logo-2024 (1)

PEX Recognized by American Banker as “Best Places to Work in Fintech 2024”

Engineering working with drawings inspection on tablet in the office and Calculator, triangle ruler, safety glasses, compass, vernier caliper on Blueprint. Engineer, Architect, Industry and factory concept.

Building a Modernized Finance Organization: Forging the Path Ahead

Stay up to date on the latest PEX news!

Opinions, advice, services, or other information or content expressed or contributed here by customers, users, or others, are those of the respective author(s) or contributor(s) and do not necessarily state or reflect those of The Bancorp Bank, N.A. (“Bank”). Bank is not responsible for the accuracy of any content provided by author(s) or contributor(s).