Top 5 Digital Transformation Trends in 2023

Whilst last year found most companies recovering from the aftermath of the Covid-19 pandemic, 2023 finds businesses coming out of survival mode, and looking onwards for strategic opportunities to achieve futureproof growth. To help you stay ahead of the curve in this digitally-saturated economy, here are our top five digital transformation trends to keep your sights on in the year ahead.

FINANCIAL AUTOMATION

Achieve End-to-end Accounts Payable (AP) Automation with bluesheets

Most companies still rely on paperwork-heavy practices to manage short term liabilities under the AP umbrella. Such antiquated practices are not only time and labor intensive, they also set the premise for instances of human error and internal fraud. Hence, the adoption of AP Automation is a necessary step towards optimizing operational effectiveness and efficiency.

FINANCIAL AUTOMATION

How can Intelligent Process Automation (IPA) Improve Customer Satisfaction

In a competitive market, it is crucial that businesses aim to continuously improve their allocation of resources, leveraging their employees’ expertise to deliver simultaneously efficient yet personalized customer experiences.

GROWTH

Growth vs Scale in APAC for Financial and Insurance Service Firms in 2022

Insurance companies, financial services and accounting firms alike can experience growth, but not all will have the ability to scale. What’s the difference? Growth is defined by increasing in size such as with revenue and resources.

CASE STUDY

Global Insurance Powerhouse Achieves 18% Cost Savings within 30 Days

With bluesheets' Smart Inbox technology, Mitsui Sumitomo Insurance Group (MSIG) reduced costs, improved staff morale, shortened claims processing time 60%, and increased fraud protection - all within the first month of deployment.

CASE STUDY

CAP Advisory saved 90% of their time by automating manual tasks with bluesheets

By setting up an automated workflow for processing financial data with bluesheets, CAP Advisory provides the best experience to their clients through thoughtful, analytical accounting consultation.

ACCOUNTING AUTOMATION

The Importance of Data Integration in Finance and Accounting

As a business grows, one of the major obstacles faced is a lack of integrated internal systems. Most organizations end up selecting software that is a good fit for their industry, size, etc, at that time and purchase them for company wide use. This software will usually lack the necessary requirements to seamlessly transfer information from one another, and instead, depend on someone to manually move and consolidate data between the platforms, which can lead to human error and many more problems. Take a look at the risks of not considering a seamless integration platform and what businesses can do to curb these problems!

FINANCIAL AUTOMATION

Old Versus New Fintech Predictions for 2021: Expense Automation & Remote Work

The fintech industry continued its growth in 2020 despite the challenges brought about by the pandemic.

ACCOUNTING AUTOMATION

5 Steps to Automate Your Accounting Practice

The advent and continued impact of COVID-19 have taught us just how invaluable remote work and digitisation is to our businesses.

ACCOUNTING AUTOMATION

AP & AR Automation: Welcome Bluesheets to the Xero marketplace!

These days, having systems that work together isn’t a nice to have, it’s a must have.

FINANCIAL AUTOMATION

Bluesheets AI: Bookkeeping on Autopilot

Maintaining financial records has always been an inefficient and labour intensive process that’s subject to human error.