Productivity Now

Insight at the intersection of automation, productivity, and technology.

What Netflix and Foxtrot RPA Have in Common

foxtrot-rpa-netflix

Deloitte reports that “exponential” technologies, including data automation tools such as Foxtrot RPA, are opening up significant areas of business opportunity. This is especially true in the broadcast industry where highly repetitive, manual processes still exist. To eliminate these mundane routines, media companies like Netflix are looking to Foxtrot RPA to develop a culture efficiency […]

May 23rd, 2017|Robotic Process Automation|

Process Automation: Technology Solution and Staffing Innovation

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In the report, “Top financial services issues of 2017: Thriving in uncertain times,” PwC stated that 2017 could be a breakout year for digital labor or Robotic Process Automation technology in banks and credit unions. We say, “We agree!”  Of course, EnableSoft has been developing RPA software for the financial services industry since 1995 […]

May 16th, 2017|Process automation|

Rapid Adoption of Productivity Innovations

Seeking to explain how and why new ideas and technology spread, Everett Rogers discussed the following five factors in his book, Diffusion of Innovation:

  • Relative Advantage – How improved is the innovation over the previous alternative?
  • Compatibility – How hard is it to integrate a product or service into one’s business or life?
  • Complexity – […]
May 9th, 2017|business process automation|

What to Do When a Loan Officer Leaves

loan_officer_RPA

According to the Bureau of Labor Statistics, the median length of employee tenure is 4.2 years. The retention rate is even lower than that in the finance industry, where Insperity reports a turnover of 17.4 percent each year.

With this in mind, financial institutions should prepare for workforce attrition like they prepare for regulations. […]

May 2nd, 2017|Financial Institutions|

Handling the Busy Work of Healthcare Collections

healthcare-collections-foxtrot

In an industry where more than 60 percent of physicians cite declining reimbursement as the top threat to profitability, it is time to lower collections costs and increase the accuracy of data operations and revenue cycle management (RCM).

According to RevCycle Intelligence, 85 percent of healthcare organizations say collecting payment from patients after they have […]

April 25th, 2017|Healthcare|

Using Web Automation Software to Manage Dormant Bank Accounts

Web-automation-software-dormant-bank-accounts

Account maintenance is a constant responsibility for bankers, but account use isn’t always constant for customers. In fact, financial institutions lose many accounts every year when they, by legal mandate, have to transfer or escheat to the states unclaimed funds in dormant accounts.

Whether checking, savings, certificates of deposit or even contents of safe deposit boxes, […]

April 18th, 2017|Financial Institutions|

Streamlining Revenue Cycle Management for Your Healthcare Organization

Revenue-cycle-management

Now more than ever, hospitals and other healthcare providers must position their personnel and data in the most efficient way to achieve full revenue capture.

In our white paper, RPA Accelerates Healthcare Collections & Revenue Cycle Management, we address how medical organizations can rely on Robotic Process Automation (RPA) software to improve their collections operations […]

April 11th, 2017|Healthcare|

Unleashing Shared Services Productivity

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At the North American Shared Services & Outsourcing Week in Orlando, EnableSoft’s Foxtrot RPA team joined approximately 1,000 high-energy and optimistic attendees to discuss best practices and the latest trends in the shared services space. Organization reps from a range of different industries, including financial services, retail, utilities, restaurants and more, enjoyed the expert presentations […]

April 4th, 2017|Shared Services|

Growing Pains vs. Gains: Two Ways to Handle Bank Data Conversions

Digital technologies threaten to disrupt the banking industry, forcing financial institutions to adapt or replace legacy systems at an uncomfortable pace. But, it isn’t the technology transformation alone that poses a risk. These changes require data conversions that are too often time-consuming and error-prone processes.  Robotic Process Automation (RPA) software programs may be the key to […]

March 28th, 2017|Financial Institutions, Healthcare|

Robotic Process Automation: The Swiss Army Knife for Business Operations

RPA- Swiss- army-knife

The Swiss Army knife epitomizes multi-purpose utility, all contained in a very handy carrying case. In many ways, Robotic Process Automation (RPA) software is the Swiss Army knife of data operations, capable of very quickly and economically carrying a financial institution, healthcare organization or other company to new operational heights.

RPA software, which mimics […]

March 21st, 2017|Robotic Process Automation|