A new whitepaper from Artsyl Technologies argues that back office functions, like accounts payable, accounts receivable and customer service shouldn’t be manual labor - and that intelligent data capture technology available today has the potential to empower process owners to do more value-added work in a way that supports business growth, cost reductions and greater process transparency.
In the past, intelligent data capture technology made sense of large companies involved in high-volume, transactional operations like accounts payable vendor invoice processing, accounts receivable/customer service sales order processing.
While those scenarios still reflect the most common use cases for intelligent data capture, companies of all sizes, with even a relatively modest number of vendors and monthly invoices can benefit. At the same time, lower-volume, but higher-value processes now can benefit from the ability to intelligently extract information from unstructured documents, so workers don’t have to manually re-key information or manually file documents.
Although vendor invoices and sales order automation comprise the most common solutions provided by Artsyl, the company continues to discover a growing array of use cases across dozens of industries.
Universities and secondary schools have relied on intelligent data capture to gain a competitive edge when it comes to processing admissions. They’ve also relied on intelligent data capture to process lengthy, complex utility bills in a way that allows them to aggregate data and better manage/monitor usage.
Non-profit organizations have come up with all sorts of innovative applications for intelligent data capture - including processing of hand-written scorecards for marksmanship competitions. They’ve also created their own service organizations to help their members to more efficiently handle common back office operations in a way that lowers costs and allows them to focus on their constituents.
To learn more about intelligent data capture, download the latest Artsyl whitepaper.