Accelerating Finance & Accounting Operations with Intelligent RPA

August 10, 2018

Option 3 has been working closely with the client - one of the largest automobile manufacturers in the world - on automating their Finance and Accounting processes. Invoice processing for one of their financial operations was becoming extremely complex because there were a large number of invoices to be processed for several different vendors located across multiple geographies, and these invoices varied extensively in the format as well.

Spotlight

HRP

Trading since 1945 HRP is one of the longest established refrigeration and air conditioning wholesalers in the UK. HRP has strong pre and after sales support for an impressive portfolio of products to include but not limited to Mitsubishi Heavy Industries, Danfoss, Emmerson Copeland, Friga Bohn, Embraco, BOC Refrigerants and Lawtons copper tube. All products are available locally from a national branch network.

OTHER WHITEPAPERS
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Knowledge management best practices for engineering and construction

whitePaper | January 20, 2022

Knowledge is any organisation’s biggest asset, but in construction and engineering, the culture of knowledge management is specifically important due to the information-, regulation- and process-saturated nature of the industry.

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AI Requires Tailored DRAM Solutions

whitePaper | April 6, 2020

For over 30 years, DRAM has continuously adapted to the needs of each new wave of hardware spanning PCs, game consoles, mobile phones and cloud servers. AI/ML may be the biggest challenge yet. Artificial intelligence is the study and application of providing hardware and software that attempt to emulate human intelligence. Therefore, as human beings adapt to different tasks, AI must adapt. Indeed, if AI is to scale to the diversity of human tasks, it will not be via a single, monolithic solution. For every task a human can perform, AI must adapt through a unique combination of hardware and software components.

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SIMPLIFYING MODEL-BASED SYSTEMS ENGINEERING

whitePaper | June 23, 2022

Model-Based Systems Engineering (MBSE) is perhaps one of the most misunderstood and often abused acronyms in the engineering vernacular. Many companies struggle to understand how it will improve their entire product lifecycle and address the ever-increasing complexity of products. In many companies, executives and middle management experience a lack of understanding regarding the rapid pace of today’s technology and its impact on organizations and processes. Technical practitioners may gain additional insight as they focus their energies on establishing strong MBSE practices. The successful implementation of MBSE includes transformations and enhancements in three key areas: organization, process and technology. This white paper shares proper planning and implementation considerations in adopting an MBSE practice. It provides a high-level view, defines critical components to help success and identifies many problematic areas to avoid in an implementation journey.

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Top seven tips to increase engineering productivity by frontloading CFD

whitePaper | November 1, 2019

The global competitive landscape for manufacturing is squeezing everyone – from the Tier 1 automotive companies to electronics goods manufacturers. It is shortening the required time to market and with little warning. This high-pressure environment requires high productivity from its players resulting in either doing things faster and leaner without compromising quality or giving the game away to a hungrier competitor who is willing to do whatever it takes.

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2021 engineering and construction industry outlook

whitePaper | April 28, 2021

The US engineering and construction (E&C) industry began 2020 on a bright note—and then COVID-19 hit. Despite the challenges that have resulted, there are reasons to be optimistic. Explore five engineering and construction industry trends that will impact the coming year, from connected construction to new business models.

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An Update on Insolvency in the Australian Construction Industry

whitePaper | August 19, 2022

The construction sector in Australia has long been affected by insolvency and broader liquidity issues. In the last year, construction companies accounted for 26% of businesses that entered into insolvency, and insolvencies in the construction sector more than doubled. This year, contractors have been further squeezed by inflation, supply chain issues and labour market shortages. As the federal government has wound back its COVID-19 economic stimulus packages, further collapses seem inevitable.

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Spotlight

HRP

Trading since 1945 HRP is one of the longest established refrigeration and air conditioning wholesalers in the UK. HRP has strong pre and after sales support for an impressive portfolio of products to include but not limited to Mitsubishi Heavy Industries, Danfoss, Emmerson Copeland, Friga Bohn, Embraco, BOC Refrigerants and Lawtons copper tube. All products are available locally from a national branch network.

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