Complications in Medical Revenue Process Open the Door For Business Process Outsourcing

June 14, 2013
Vincent Vallejo

  From the outside, the average billing cycle for a medical appointment looks pretty simple: Go to the doctor, pay for the visit (with your own money or insurance), repeat as necessary. For healthcare providers, though, that couldn’t be further from the truth. The reality is more like this:...

Document Imaging Can Cure Your Company’s Addiction to Paper

November 26, 2013
Nick Loy

In August and October, I wrote about the transition from paper to digital. Part 1: Document Imaging and the End of Paper Part 2: Document Imaging Can Help Companies Transition to a World Without Receipts It’s not just about a shift in our primary “information storage medium.” The digital revolution...

Document Imaging and the End of Paper

August 6, 2013
Nick Loy

The days of paper as an “information storage medium” are almost over. The end is near.   For instance, movie tickets no longer need to be printed. A purchase can be verified with a photo ID or confirmation number. The same is true with airline tickets. Libraries are scrambling to negotiate with...

Outsourcing a Better Option in the Face of USPS Challenges

February 15, 2013
Banctec

The US Postal Service’s just-announced service cutback is the latest in a series of cost-cutting moves impacting the inbound mail processes of businesses across the nation. USPS has plans to eliminate Saturday mail delivery. “Eliminating Saturday delivery will really only save the Postal Service...

How to Improve Your Document Management System by Going Digital

January 3, 2013
Banctec

Businesses send, receive and process millions of documents every day in a multitude of forms, shapes and sizes. From claims, invoices and payments to surveys, vouchers and general correspondence,document management systems keep a business running. Ineffective document management can be a breeding...

Is Your Mailroom Efficient?

October 3, 2011
Banctec

Which is more efficient: Delivering mountains of mail by cart throughout your facility or one inbound mail process doing document management work for everyone? Processing high volumes of inbound mail by hand can be slow and expensive. A digital system recognizes forms, letters, invoices and other...

BancTec Outlines Economic Impact of U.S. Postal Service Consolidation

September 3, 2013
Michael Alfonsi

While the U.S. Postal Service is saving money by closing and consolidating about 50 percent of its mail processing centers, these moves are costing American businesses real money by increasing the cost of capital. BancTec, as a global leader in business process outsourcing and financial transaction...

Complications in Medical Revenue Process Open the Door For Business Process Outsourcing

June 14, 2013
Vincent Vallejo

  From the outside, the average billing cycle for a medical appointment looks pretty simple: Go to the doctor, pay for the visit (with your own money or insurance), repeat as necessary. For healthcare providers, though, that couldn’t be further from the truth. The reality is more like this:...

New Credit Cards May Fall Short on Fraud Control

February 3, 2015
Michael Alfonsi

Credit card technology has evolved significantly from the days of carbon copy swiping machines. The credit card’s most recent facelift in the form of its magnetic strip, however, may itself be outdated. And it’s that magnetic strip that is fraught with problems, as criminals can skim information...

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