Lauren has 10 years of professional writing and editing experience, from memoirs to financial blogs and web copy. She has collaborated with Nvoicepay to write about the financial technology industry since 2016.
Maslow's Hierarchy of Needs, a common psychological theory, describes basic needs that must be met before an individual is able to achieve self-actualization. It's possible a similar theory can be applied to business. But should automation be considered an end goal, or a basic necessity?
Post-pandemic businesses have adapted by interfacing with technology to get the same tasks done with less redundancy and bulk. Daily operations have stripped down to bare essentials, some bearing costs to the customer, but many renewed in their devotion to make a more human connection with those they serve.
COVID-19 overhauled the U.S. healthcare system overnight. Systems we paid little mind to before, whether they are life-saving medical supply manufacturers, critical hospital budgets, or ICU capacity limits, now garner universal attention. Another area of the healthcare industry is stepping into the forefront--back-office procedures. Here's how healthcare facilities can resolve their financial strain.
Manufacturing businesses across the country are overwhelmingly stuck with manual payments process that cost more time and money than necessary.
Many organizations suffer from slow internal processes that lengthen payment cycles. Unfortunately, stretching days payable outstanding to near-delinquent payment terms has a much bigger...
Big changes are likely on the way for fintechs. Regulators will soon address what constitutes a bank and a non-bank, the classification of which is complicated by partnerships between the two....