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As the United States Postal Service closes facilities and scales back service, there is no shortage of companies looking to keep money moving with electronic transactions. Banks have been especially active in this area as they look to cut costs and adjust to new business realities. Many companies...
The BancTec team is in Las Vegas this week, enjoying the HIMSS12 Annual Conference & Exhibition at the Venetian Sands Expo Center! For healthcare payers and providers, HIMSS12 is an opportunity to find new solutions for tackling the most vexing business challenges. With many looking to...
BancTec is showcasing its Intelligent BPO, the smarter way to outsource financial and back-office processes, this week at the Association for Financial Professionals (AFP) Annual Conference in Boston. Intelligent BPO moves beyond simple, labor-arbitrage-focused outsourcing to help businesses...
You can outsource your business processes to save money. Let’s take that as a given. But your savings are limited if your business processes are cumbersome to begin with. A broken process that’s outsourced is still broken. The BancTec approach to outsourcing is different. Our clients—1,600...
One of the most consistent challenges CFOs encounter every day is how the finance function can be more conducive to the success of their business. Investment in financial planning and analysis is not always prioritized due to the fact that it’s much more difficult to guarantee a sustainable hard-...
When it comes to your most critical pieces of data and protecting it from outsiders, you can never be too careful. Unfortunately there are times when unauthorized users, regardless of the technical safety measures you have in place, breach and access your private information. When it comes to...
Companies of all sizes participate in the handling of large amounts of business-critical and sensitive information on a daily basis. Unfortunately, many also lack the technology, standardized processes, and trained personnel to handle the document flow in the most efficient and safe manner....
This blog post is the third in a series of four over the implementation of ICD-10. The increased level of specificity from the latest iteration of the ICD healthcare classification system presents its share of challenges for physicians and healthcare providers. The inherent risk associated with...
“What goes up, must come down” was first uttered in reference to gravity not gas prices, but that is surely what happened. Just before the end of the year, the average cost of gasoline in the U.S. was hovering just over $5 per gallon before it plunged to less than $3.50 per gallon in January. Over...