In a rapidly changing business world, digitalization of business processes is no longer a choice – it is a necessity. Many companies in the private sector, financial industry, and other fields still rely on manual processes, paper documentation, and outdated systems. This can lead to delays, errors, and unnecessary costs.

It took us a while to get back to working temperature after the New Year holidays and the inevitable bouts of colds and flu, but we have not forgotten that the new year is always an opportunity for change, both in our private and business lives. Given the increasing importance of digital transformation, setting clear goals for business improvement has never been more important. OWIS, as an integrated business process management solution, brings a perspective that helps organizations turn these goals into reality.

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.

This year, with special pleasure, we organized the first OWIS Forum, an event that brought together more than 150 experts, users and all those who work daily on the development and improvement of our system. The forum was an opportunity to share knowledge, exchange ideas and create the foundations for new solutions that will lead us all forward together.

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.

In the age of accelerated digitization and remote work, effective management of incoming invoices is becoming an increasing challenge for many companies. Digital technologies not only simplify business processes, but also enable remote workers to efficiently perform their tasks from any location.