Industry Insider

As technologies evolve, we have seen the rise of auto-tagging, auto-classification, and auto-categorisation tools that attempt to take over the task for describing the content we create. These tools apply metadata tags automatically so we don’t have to.

It’s likely that some of your financial processes are automated, but not all. With all the advances around automating invoice processing, sales orders, financial posting, payment approval, purchase requisition approval and more, one would think enterprises have this part of the business all dialled in with no manual work being performed. Unfortunately, that is not the case.

Computer scientists at the University of Nottingham and Kingston University have solved a complex problem that has, until now, defeated experts in vision and graphics research. They have developed technology capable of producing 3D facial reconstruction from a single 2D image - the 3D selfie.

Stonebridge Solutions has implemented an automated accounts payable management platform for Adelaide Brighton Limited (ABL), one of Australia’s leading construction material manufacturers with  more than 1,500 staff.

The Australian Securities & Investments Commission (ASIC) is creating a new Chief Data Office as part of plans to evolve the way the regulator will capture, share and use data in the period leading up to 2020.

Digital transformation is one of those catch-all concepts that you find turning up in all kinds of discussions these days. It’s not a strategy and it’s not a plan, although it’s often confused with both.

Leading UK bank NatWest has launched the UK’s first paperless mortgage, which promises to dramatically reduce turnaround times.

Paramount WorkPlace, a provider of web-based and mobile spend management and procurement software solutions, has launched an on line Procure-to-Pay Calculator. It enable companies to quickly quantify the return on investment (ROI) resulting from automating the procure-to-pay (P2P) process via basic metrics on existing invoice processing and staff salaries.

As someone who often finds himself explaining machine learning to non-experts, I offer the following list as a public service announcement.

Organisations today are faced with exponential amounts of data entering the business in many different formats, from a wide range of sources. Most is categorised as unstructured data: email, video, audio, web chat, social media messages. While dealing with business data can seem like a burden, it is actually invaluable for mitigating risks within your organisation.