When tech giants like Facebook and Google lost $122 million to a sophisticated fake invoice scam, the story became an example of how important it is to have robust processes and technologies in place to prevent similar incidents. The Evaldas Rimasauskas scam exposed key weaknesses in invoice management, and below we will analyze in detail how it happened and how OWIS could help prevent such situations.

When was the last time you heard someone say, “I’ve always dreamed of spending my career organizing filing cabinets and searching for lost contracts?” That’s right. A new generation of employees—millennials and Gen Z—are not only rejecting paper-based processes, they’re also expecting modern solutions from their employers that will allow them to do work that inspires them and brings real value.

Automation is one of the most cost-effective strategies for any organization. The process of automatization is as effective as it is simple. Documents that once took days of prep time can now be done in a matter of seconds.