Automation in Revenue Recognition: the advantages of automating resource intensive processes

Ever since the IT growth almost 20 years ago, there have been so many new technologies that have transformed the way the world works. Businesses around the world have been transformed by technical enhancements.  There’s a huge assortment of office productivity tools that have completely transformed the way we look at commerce. Communication tools based on VoIP services, workflow and automation tools and advanced payroll softwares, have all impacted how efficiently and how easily we run payment processes.  The rise of such tech has not only brought the world closer where clients and stakeholders are easier to connect, it has also helped streamline businesses and standardize processes, effectively enhancing revenue generated, positively impacting bottom line.