Is Imaging and OCR reinventing itself?

I have been looking into the old technologies that gave birth to OCR and its many advantages. I used to think that probably this technology may not last long as part of the new digital infrastructure but I realized that this is going to stay for long time may be until we stop manufacturing printers and/or we stop writing. The form factor and types of devices that does OCR will change but the technology will remain the same. The industry does thrive more right now on buzzwords like Cloud OCR and Mobile OCR. Let’s try to discuss a few point in this blog around the same:

Security – The security is improved everyday but when something goes on the cloud, it does create a sense of insecurity and fear of data breach. Put something up in the cloud, and who knows who will access your data and how they plan to use it. Again, it is more to do with the infrastructure than the technology.

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Why automate your Accounts Payable processes?

By automating your Accounts Payable processes, you will see several benefits:

    • Early payment discounts and avoided late payment penalties: By accelerating the invoice approval cycle time, vendor discounts for early payment, which were previously unattainable, can now me taken advantage of. Also, you can avoid having to pay unnecessary penalties for late payment.
    • Accuracy: By accelerating the invoice approval cycle time, vendor discounts for early payment, which were previously unattainable, can now me taken advantage of. Also, you can avoid having to pay unnecessary penalties for late payment.
    • Improved visibility and forecasting: Decision makers need the right information at their fingertips in order to make informed decisions. CoreIntegrator Workflow allows management to see the where your invoices are at any point in the process.

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The Business Process Playbook – Will the Perfect BPM Tool Solve All Your Problems?

Business Process Management has become an undeniable tool in increasing the efficiency of a corporate economy. BPM was once explained as a systematic approach to align people, process and systems spanning across multiple organizational departments to deliver effective, efficient and quality output for driving Business. However, now with smart technology playing out the digital transformation phase, the tools provide information to take manual and automated decisions to breakdown a bottleneck and convert that into an opportunity.

The process data plays a critical role by capturing data across process driven applications from each department in the organization. When pushing it to cloud and developing SaaS integration, the data captured assists in taking highly curated analytical decisions at a much granular level.

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