The insurance industry is thriving. So it is critical for insurance companies to maximize their chances of getting paid. Although the accounts receivable process may seem unimportant, insurers stand to gain a lot by improving their AR mechanisms. It’s time to focus on them and nurture the customer experience, especially in this age of digitization.
Print Service Providers (PSPs) are no strangers to transformation. With a long history of reinvention and overcoming adversities, they are once again adapting to the new digital reality. Among companies that are growing, a clear majority attributes their growth to securing more clients, more work from current clients or increasing client retention. In other words, what moved them forward is their active pursuit of results, and not general favorable business conditions that otherwise would have helped everyone in theory. This change carries a certain weight since business conditions have been harsh for commercial printers.
What’s the best strategy for communicating with customers these days? That is the big question many companies are facing, regardless of their industry. Business communications in recent years have been conducted through multiple channels. Some people defend the rise of digital while others decry the death of paper. But why favour one over the other? Several studies show that the smartest choice is a balance between the two. Paper and digital communications are meant to coexist. Read on for the proof.
Traditional businesses are facing a different set of circumstances than businesses born in the digital era. Knowing those differences can be a powerful lever in carrying out your business. They each have specific needs and unique capabilities. By considering the differences, you can build a more qualitative, and thus more effective, business relationship!
The business-to-business (B2B) sector continues to grow and is becoming more digital, mainly due to e-commerce and online sales. If businesses want to remain competitive, it’s time they put the proper tools in place to manage the resulting administrative burden. It’s time they digitize and optimize their processes for purchases, but also for product delivery.