time-consuming, expensive and 'human factor' risks associated with the document understanding process
For the majority of companies, it is a necessity to efficiently deal with a large volume of paper or scanned documents. It is important to understand the context when often, these tasks are resource consuming. This is especially true in situations when due to sensitivity, a document can be examined by just one senior person. In audit and law firms, well paid and highly qualified specialists waste up to 30% of their time on these types of operations. Then there is the issue of human mistakes when data is handled manually. This is 10% on average!
Documents Understanding Service
Our system identifies and mines interesting information from defined document types, according to criteria that you set in advance. It structures, stores, sends, and transmits or submits information collected to the specified recipient in an agreed format.
One way our service can be used is with an automatically created register with recognized and structured data from incoming supplier invoices. You can construct the robotized creation of purchase orders (POs) in your ERP system based on information from these invoices.
less mistakes and more time saved
- documents are processed much faster and 24 hours a day, 7 days a week. Human intervention is only required in exceptional cases
- employee working time is saved and can be redirected to more value-adding activities
- fewer data processing mistakes
- employees can better respond to document flow volatility
- flexibility with further integrations and data processing - you get the raw data and decide how to process it further
Dedicated Fuspac Cloud or Web Dedicated Fuspac Cloud
Our Document Understanding service can be provided on the Fuspac Dedicated Cloud or as a web server hosted in our cloud. Every deployment is dedicated exclusively to the client, so there are no risks of data loss or things becoming crossed with other companies.