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Digital Mind

Blog posts

19.12.2023.

Digital Mind, supported by investment from Livonia Partners, acquires leading Polish Microsoft Dynamics partner EIP Dynamics

Digital Mind

Digital Mind AS, a business process digitalization specialist for large and mid-sized organizations in Baltic states, announced that it has acquired a 100% stake in EIP Dynamics Sp. z o.o (referred to as EIP Dynamics), a prominent Microsoft Enterprise Resource Planning (ERP) solution provider in Poland, that serves some of the largest companies in the country and internationally.

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02.06.2023.

Conexus engaged Digital Mind to help it design and deploy ultra-efficient document management processes.

Digital Mind

Challenges Established in 2016, Conexus Baltic Grid AS stores and supplies natural gas to customers located throughout Estonia, Finland, Latvia and Lithuania. With enough underground storage capacity to hold two times Latvia’s annual gas consumption, Conexus plays a vital role in energy security across the Baltic region. Conexus is on a mission to develop its […]

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01.06.2023.

No need to fear, we can cooperate

Digital Mind

Chairman of the Board of Business Technology Company Digital Mind AS Rinalds Sluckis Much like any development, artificial intelligence also ebbs and flows. After accumulating enough knowledge, a new remarkable product sees the light of day, but this is often followed by a period of calm. Let us recall the sensational victory of a computer over […]

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10.05.2023.

Digital Mind business line SigningServices spins-off in to a new company TrustLynx and attracts investment to scale

Digital Mind

Key facts: As of 13.04.2023, Digital Mind announces division of SigningServices business line in to a separate company – TrustLynx OÜ. TrustLynx has attracted venture capital from Startup Wise Guys and FundingBox VC to accelerate its development and expansion to new markets. DigitalMind remains as institutional investor and partner of TrustLynx to provide uninterrupted service […]

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05.12.2022.

Neste Latvija refuels and goes paperless

Digital Mind

Neste Latvija has significantly streamlined its fuel card application process – working together with Digital Mind, they have transformed their client onboarding and service experience from paper-based to fully digital. The fuel card is a popular service among Neste’s customers – it’s a payment card valid across all Neste gas stations in Latvia, Lithuania, Estonia, and Finland, which also offers other perks such as discounts with selected vendors.

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24.11.2022.

Ziemeļlatvijas Mežsaimnieks sows the seeds for a sustainable and innovative future

Digital Mind

With the help of Digital Mind, Ziemeļlatvijas Mežsaimnieks (ZLM) has adopted a centralized project and data management system, which allows an efficient and intuitive task assignment and execution. Digital Mind implemented a well-proven solution based on the Microsoft ecosystem, which consists of a model-driven app, Power Automate, and SharePoint. By embracing this transformation, ZLM has affirmed its commitment to innovation and customer satisfaction.

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15.06.2022.

airBaltic’s ground team gets off to a flying start with Microsoft Teams and Power Apps

Digital Mind

Thanks to the digital solutions implemented by Digital Mind, the ground-handling unit of the Latvian airline airBaltic has started using mobile devices to perform its duties, thus saving 1,000 paper prints. Accounting data entry time has also been reduced from 2 days to 15 minutes. Combining Power Apps and Microsoft Teams, the airBaltic team has […]

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06.06.2022.

Illusion of digital development might cost us competition

Digital Mind

We are often willing to think that we represent a digitally developed country. To some extent, it means living in the past and illusion. Living in the past, because we had one of the fastest internet connections in the world once, but this title has already been taken over by many countries. Living in an illusion, because there are sectors that have truly transformed, for example, widely accessible state and local government services in the digital environment, nevertheless the results are quite different in the private sector. One should admit that the available infrastructure in Latvia is still at an excellent level; however, it is just a tool to be applied, otherwise it does not matter.

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20.05.2022.

Digital Mind AS announces acquisition of ERP solution professionals Alna Business group

Digital Mind

Digital Mind AS, a business process digitalization specialist for large and mid-sized organizations in Baltic states, announced that it has acquired a 100% stake in Alna Business UAB, Alna Business Solutions UAB, and its subsidiary in Poland Alna Business Solutions Sp. z o.o (referred to as Alna Business group), a leading Enterprise Resource Planning (ERP) […]

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27.04.2022.

6 benefits of intelligent process automation

Digital Mind

By introducing intelligent process automation (RPA - robotic process automation) in a medium or large company, the organisation, its employees, and its customers will benefit. In addition, when assessing the benefits, it is important to not only consider the immediate return on investment, but also benefits that are not immediately measurable in monetary terms, but will have a long-term impact, such as a reduction in routine tasks will increase employee satisfaction and loyalty to the company.

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RPA examples

Chatbot knowledge migration

Every now and then you can run into a situation where data just can’t be exported from one system and imported to another. Surely, RPA can help with this. In this case, we had two applications: one that has russian language knowledge and the other didn’t.In order to transfer vocabulary, someone had to gather all […]

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BI report overview preparation

Most of the medium and large size companies have some data warehouse and analytics solutions. Department managers keep producing more and more complex reports to get the data out of their systems and make data-driven decisions. In this case the management needs a few simple data sheets combined from all those reports from different sources. […]

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Customer monthly data entry and Invoicing

For companies who charge their customers for services such as time resource (consulting) or utility resources (electricity, gas, water) it is crucial to make invoicing by fact as easy as possible. But, of course, accountants use one system for their financial processes and invoicing, and the consumed resources are measured and logged in some other […]

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Document generation for Fixed Assets

Fixed Asset acts are one of the documents that every administrative accountant wishes to prepare and print from their ERP systems with a single click. In some systems and organisations that is possible because either the system has many implemented features that allow such a document generation or the documents that are not too complex […]

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Payment Journal preparation

Usually department managers or the head of the company review outstanding vendor balances and approve/decline payments afterwards processed by accountants. This specific process requires a spreadsheet with total vendor balances. Each company lists vendors in a separate sheet. This spreadsheet is generated from ERP. When all the approvals are registered, this spreadsheet is passed to […]

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Campaign Approval Process

Today I am going to share how we manage RPA – a process that involves a lot of people and requires a lot of communication between them. When someone creates a new campaign with discounted products it needs to be approved by product/brand managers and account managers. This means sending e-mails, making phone calls, reminding […]

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VAT posting from Write-offs

This is one of the monthly processes that make our accountant unavailable for a week (either end/start of month or some 20th dates of government report deadlines). If we want some help from these people without causing them to do more overtime work to catch up the lost time, we need to help them – […]

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Fixed Assets depreciation proposal generation and posting

When company grows, it starts to gather more and more fixed assets. For accounting that means more actions regarding their depreciation. This usually is a straight forward process which users do manually. They have to open ERP, filter specific Fixed Assets, and enter a specific date for all of them. They have to generate a […]

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Regular currency rate updates

Currency rates usually are imported by some web service. But where it is not an option, users are forced to update the rates manually. That means opening official website of the central bank of the desired country, finding the latest rates, opening the ERP, navigating to the currency rates register, and entering the date and […]

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Importing Bank statements (XML files)

Surely most ERP solutions offer Bank statement import. Unfortunately, as “gateway/online connections” directly to banks are costly and more complex to develop, updating info from bank still happens through XML files. Users log in the bank, download statements, save them in specific folders, then open ERP, navigate to a specific function, enter some parameters, and […]

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