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SKY Tech provides Enterprise Content Capture solution that reduce the time and efforts involved with your company's current labor-intensive processes. Our Team can reduce your company's processing cycle time from days to hours.
The solution is modular based solution. Each module is open for customization as per business needs. Solution accepts input from multiple sources & even ability to capture contents from structured, semi-structured, and unstructured document formats. The information from document automatically extracted, verified and delivered to existing business system (like SharePoint, Filenet, ERP, CRM, etc..
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On average, it takes 17 seconds to manually enter an invoice into an accounting system assuming only a few fields need to be keyed. This does not include any manual sorting or handling time. Keying in information from paper invoices is still the most time consuming and costly activity in accounting departments, yet it is probably the least value-added task.
Industry research shows that companies still receive over 80% of invoices on paper and as much as 70% of all invoice processing costs are associated with document handling and data entry processes. Therefore, if a company can reduce the amount of document handling and manual data entry, the costs of processing invoices can be significantly reduced.
Advancements in optical character recognition (OCR), intelligent document recognition (IDR) and forms processing have greatly improved the capability of document capture software. Today’s technology can process semi-structured documents, such as invoices, as quickly and accurately as structured forms.
Invoices are captured as digital images from which data is extracted, including the invoice number and date, vendor, purchase order number, total amount due and line-item details. The data is then validated against data from other company systems or by an operator before being exported into accounting, enterprise resource management (ERP) and document management (EDM) systems.
Datafinity is an Authorised Reseller for Kodak Imaging products. We can offer very competitive prices and excellent support on the entire Kodak range. For more details on specific scanners please select from the list opposite or use the scanner selector tool for an overview of the product range
