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AP Automation Series: Levels of Data Capture for Ease & Efficiency in Accounts Payable

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In our last post in our AP Automation series, discussed the elements of a basic content management system, including invoice capturing, indexing, workflow and storage and how to implement as a very easy first step in the electronic AP Process. In this post we will provide an overview of how various technologies can read data and how this information is shared. Additionally, we’ll explain  basic capture with structured templates to more advanced technology like barcode readers, Optical Character Recognition and Intelligent Data Capture, and the benefits of each. Now that we understand the basic elements of a Document Management System, we … Continue reading

The Five Phases of Capture: Where Do You Fit on the “Capture Continuum?” – Guest Post

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Today, document capture solutions are primarily deployed at the departmental level, supporting applications such as finance, human resources, logistics, loan processing or medical claims. Tighter integration between capture technologies and business solutions and processes has proven to dramatically improve worker productivity, lower costs and mitigate risks. You may be missing significant opportunity, but with all the technological solutions available how do you know which one is right for you? One way to determine your direction is to explore capture systems and capabilities by using a “Five Phase” approach. Capture systems have evolved from simple solutions for basic scanning into sophisticated … Continue reading