Iron Mountain’s records management processes combined with Hyland’s
workflow software improves efficiencies by integrating physical and
digital information
BOSTON--(BUSINESS WIRE)--
Iron
Mountain Incorporated® (NYSE:IRM), the global
leader in storage and information management services, today announced a
partnership with Hyland, one of the global leaders in enterprise content
management software, to help reduce the costs and inefficiencies
associated with manual, paper-based back-office business functions like
accounts payable, contracts management and other back-office processes.
Through the partnership, Iron Mountain introduces Iron Mountain Workflow
Automation™ powered by Hyland, a set of solutions that automate the
workflows for these functions, enabling organizations of all sizes to
efficiently convert to digital ways of working, saving time and reducing
costs.
Removing paper is cited as the single, biggest improvement for workplace
productivity by nearly half of information professionals, according to
the Association for Information and Image Management (AIIM, Paper Free
Progress, 2016). By combining Iron Mountain’s records management and
document imaging processes with OnBase® by Hyland’s hosted workflow
software, customers can work more efficiently by integrating physical
and digital information.
NES Rentals, a leading heavy-equipment rental company, uses this
solution for Accounts Payable to streamline workflows processes at their
85 branch offices. “We process more than 17,000 monthly invoices with
more than two thirds of those needing no attention from our staff,” said
John Christiansen, NES Rentals Shared Services Manager. “Iron Mountain
with Hyland provides efficiencies throughout our A/P processes, which
allows our staff to focus on resolving more complex administrative
issues and increase the level of service to our organization.”
“Managing workflows in this age of mixed paper and digital information
is one of the top issues we hear from our customers,” said Ray
Aschenbach, senior vice president and GM of the Information Governance
and Digital Solutions business at Iron Mountain. “Our customers have
long trusted us with their information and we’re here to help solve the
challenge of transitioning from physical information to digital
workflows, enabling them to manage, govern, and gain maximum value from
their information. By partnering with a technology leader like Hyland,
we will have deep capabilities in all areas of digital and physical
enterprise content management.”
Iron Mountain Workflow Automation™ powered by Hyland solutions can
provide the following benefits:
-
Accounts Payable – Streamlined A/P processing, reduced employee
involvement to exception handling, reduced cost per transaction;
-
Accounts Receivable – Streamlined monthly financial close,
improved controls, visibility, tracking and dispute resolution;
-
Human Resources – Freedom from routine tasks, process
visibility with quantitative metrics and audit tracking;
-
Contracts Management – Faster turnaround, minimized risk
of noncompliance penalties and missed opportunities for renegotiation.
“Much of Hyland's success over the last twenty-five years has been built
on the backbone of our partner community, and we've developed a keen
understanding of what it takes for an organization to be a successful
solution provider,” explains Bill Kavanaugh, vice president of sales at
Hyland. “Iron Mountain's profound understanding of the markets it serves
and its investment in people, training and resources gives us confidence
that this will be a strong partnership for years to come.”
Working with partners like Hyland, Iron Mountain expects to be able to
continue delivering solutions designed to improve other paper-based,
manually-driven processes for organizations of all sizes, creating
greater efficiencies for managing information that deliver bottom-line
impact. For more information on the Iron Mountain Workflow Automation
solution, visit www.ironmountain.com/workflow-automation.
About Hyland
Hyland is a leader in providing software
solutions for managing content, processes and cases for organizations
across the globe. For 25 years, Hyland has enabled more than 15,500
organizations to digitalize their workplaces and fundamentally transform
their operations. Named one of Fortune’s 2016 Best Companies to Work
For®, Hyland is widely known as both a great company to work for and a
great company to do business with. For more information, please visit OnBase.com.
About Iron Mountain
Iron Mountain Incorporated® (NYSE: IRM)
is the global leader in storage and information management services.
Trusted by more than 230,000 organizations around the world, Iron
Mountain’s real estate network comprises more than 85 million square
feet across more than 1,400 facilities in 46 countries dedicated to
protecting and preserving what matters most for its customers. Iron
Mountain’s solutions portfolio includes records
management, data
management, document
management, data
centers, art
storage and logistics, and secure
shredding, helping organizations to lower storage costs, comply with
regulations, recover from disaster, and better use their information.
Founded in 1951, Iron Mountain stores and protects billions of
information assets, including critical business documents, electronic
information, medical data and cultural and historical artifacts. Visit www.ironmountain.com
for more information.
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Source: Iron Mountain