MHC Blog • Enterprise & Business Automation • CCM • CX • DX • ECM

What Is Data Extraction? A Guide

Taylor Pettis July 6, 2021

In this article, we’ll walk you through what data extraction is, why it matters to a business, and give an example of how it can be used to improve something as fundamental to a company as its AP department. (…)

Straight Through Processing (STP): Definition, How It Works & More

Taylor Pettis June 30, 2021

The concept of straight through processing (STP) comes up across many sectors, from securities trading to AP and AR. But what does it mean, exactly? We’ll walk you through the definition and why it matters (…)

Notes Payable vs Accounts Payable: What’s the Difference?

Taylor Pettis June 24, 2021

Organizations use accounts payable (AP) and notes payable (NP) to monitor debts. Because AP and NP are both documented as liabilities on a balance sheet, people are often confused by their differences.(…)

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Accrued Expenses vs Accounts Payable: How Are They Different?

Taylor Pettis June 14, 2021

In this article, we’ll help you understand the definitions of accrued expenses and accounts payable, and walk through the key differences between them. Both are critical for keeping your balance sheet (…)

Accounts Payable vs Accounts Receivable Illustration

Accounts Payable vs Accounts Receivable: Differences, Processes, and Tips

Taylor Pettis June 9, 2021

Two of the most important processes for any business are accounts payable (AP) and accounts receivable (AR). It’s important to understand the difference between these two. (…)

Healthcare Digital Transformation Trends Illustration

How a Pandemic Pushed Healthcare Digital Transformation Trends

Taylor Pettis April 1, 2021

Prior to 2020, healthcare would rise to our collective global attention here and there. Enter a global pandemic, and healthcare and digital together are transforming our every-day lives. (…)

Insurance Legacy Systems Are Putting Your Business at Risk

Taylor Pettis March 31, 2021

Your ability to take care of customers depends on your organization’s internal health. This is where insurance customer communications management systems can change the game. (…)

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How to Improve Communication with Customers in Business

Taylor Pettis March 24, 2021

Discover why customer communication is so important for your business and what you can do to improve your communication skills and achieve a better performance for your clients (…)

Your Answer for Change Management in Healthcare is Automation

Taylor Pettis March 23, 2021

Automation is one advancement that feels new and unfamiliar at first, but once it starts working for and with healthcare professionals, the question changes from “why do we need this?” (…)

6 Must-Have Features for Your Healthcare Enterprise Content Management System

Taylor Pettis March 16, 2021

Healthcare providers need time to focus on what’s most important – patients – while their enterprise content management system (ECM) for healthcare works in the background to control the chaos (…)

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