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APIs: The Cornerstone of LegalTech, Part 2
In part one of our series on how APIs are empowering a new generation of LegalTech solutions, we looked at some of the technology obstacles facing today’s legal organizations. We also covered the basic principles of how API integration works and how it can bridge the gap between legacy systems and new applications. In part […]
How FinTech Accounting Software Is Overcoming Spreadsheet Challenges
Electronic spreadsheets have been a mainstay of business operations since their introduction four decades ago, but the way organizations use them has changed significantly during that time. Today, the financial industry needs FinTech accounting software that facilitates online spreadsheet collaboration without creating unnecessary risk or disrupting workflows. Spreadsheets in the Tax and Accounting Industry Although […]
The Long-Term Potential of Temporary Staffing Automation
Many organizations continue to face talent shortages in 2019. Staffing Industry Analysts reports continuing revenue growth for temporary staffing agencies because organizations need existing workforces with contingent employees, but the agency also notes that contingent worker strategy has to continually evolve to remain relevant. Monster suggests that firms offering “total management solutions” are more likely […]
Should You Build or Buy Software Features for Document Management?
This is a hot topic for many software vendors. They often have an enterprise content management system that brings data together, but they lack document viewing and processing functionality. They want to make document management seamless without requiring users to download and open documents outside the ECM. Sound familiar? If so, you’re likely wondering whether […]
Cloud API Conversion: Bridging the Document Divide
Document conversion is a top business priority, but many companies don’t have the systems and solutions in place to streamline this process. A quick search for “how do I convert…” returns a host of file names, from .doc to .jpg to .pdf and tiff. It’s a common query that lacks internal ability and forces users […]
AI and Machine Learning: Enhancing Today’s Technology for Tomorrow’s Data Processing
The fourth era of computing is upon us. Mobile devices offer the equivalent data processing capability of the mainframe systems of decades ago. Virtual assistants and advisor bots are in our homes, offices, and pockets to make our lives easier no matter where we are. Machine Learning vs. Artificial Intelligence Machine learning (ML) extends […]
Streamlining Data Capture in the Age of COVID-19 with FormSuite for Structured Forms
When it comes to the COVID-19 crisis, the only constant is change. As noted by Insurance Business Magazine, this creates a “growing opportunity” for insurance firms to embrace digital transition and improve their processes — provided they can quickly embrace insurance claim form automation to underpin underwriters’ efficiency. This is no small task. From […]
How COVID-19 is Reshaping the InsurTech Industry
From large payouts and losses in some segments to rapid growth in others, the insurance industry has experienced seismic shifts due to the COVID-19 global pandemic. To keep some semblance of normalcy during these changes and the aftermath, organizations are turning to InsurTech solutions for help. According to Deloitte, InsurTech investments remain strong, with […]
The Information Governance Revolution
Governmental information management is lagging behind. As private organizations embrace digital transition, many public agencies remain committed to paper processes. NextGov notes that just 28 percent of government survey respondents say their agency has implemented a “comprehensive data governance plan” and 20 percent said their department still relies primarily on paper records. The result? Reduced […]
Insurance Technology Trends
4 Ways Automation Can Revolutionize the FinTech Document Lifecycle
FinTech companies may be on the cutting edge of software innovation, but even their most sophisticated applications need the ability to accommodate a variety of document-heavy processes used in the financial services industry. That’s why 94 percent of them leverage some form of digital document management solution, whether it’s one they built in-house (43 […]
Passenger Creates Improved Community Platform With PrizmDoc
In today’s world, brands must focus on their consumers’ experience in order to retain business. While some companies hire market researchers to go out and collect data, Passenger recognized the need for a simpler, more cost-efficient way to gain insight. The company created Fuel Cycle, an online community platform to help the world’s leading brands […]