Greenwood Village, CO – October 1, 2014 – Digitech Systems announces the launch of PaperVision® Capture R78, which introduces Business Rules to speed and simplify complex processes like Accounts Payable (AP). Known for improving efficiency, tight information control and lower cost Enterprise Content Management (ECM), Digitech Systems understands that information is at the heart of business processes, and these new capabilities make it even easier to boost the efficiency of your critical tasks.
More than half of invoices in the United States are still paper-based, yet a 2014 survey indicates that companies who convert to e-invoicing and automated processes save, on average, more than $5.00 per invoice!1 With savings like these, what’s scaring so many away from e-invoicing? Many companies have hesitated to covert financial processes because current solutions are complex and require cumbersome customization to implement.
Benefits of PaperVision Capture R78:
PaperVision Capture facilitates job workflows to solve complex information management challenges. Known as Business Rules, these pre-packaged items can streamline information challenges such as verifying metadata against parameters such as being within a certain date range or matching values against database information such as National Provider Identifiers (NPI—a national directory of hospitals, doctors and other healthcare facilities). Unlike most available scanning applications, which require extensive customization to address specific information challenges, Business Rules require no custom code or professional services to implement.
- Convert vulnerable paper records into electronic files that are protected by user login, encryption, and multiple layers of system security.
- Extract data and route it to the appropriate individuals to improve decision-making.
- Improve the accuracy of financial information by verifying metadata against purchase order and invoice values, double-checking sums and line item totals automatically, and flagging items in need of additional review with the Business Rules for AP and the AP Processing step.
- Implement quickly, because Business Rules are ready to go.
HK Bain, CEO of Digitech Systems said, “PaperVision Capture Business Rules make it very easy for organizations to solve some of their most pressing information management challenges. For example, Business Rules for AP convert paper-based, manual activities into automatic processes that verify information, leaving your staff to handle only exceptions rather than every invoice. PaperVision Capture will dramatically improve the efficiency of accounting staff, ensure data accuracy, and save businesses money.”
This version is currently available for PaperVision Capture users. Visit https://www.digitechsystems.com/products/papervision-capture/ to learn more.
About Digitech Systems, LLC.
Digitech Systems, LLC. enables businesses of any size to more effectively and securely manage, retrieve and store corporate information of any kind using either PaperVision® Enterprise content management (ECM) software or the world’s most trusted cloud-based ECM service, ImageSilo®. Digitech Systems has moved ECM from a luxury convenience to an essential element for every well-managed business by improving efficiency, boosting information control and saving organizations money.
Digitech Systems continues to raise the standard of excellence in the ECM sector, as evidenced by the numerous awards they have received including the InfoWorld 100, CRN’s Emerging Tech Dynamos and multiple Nucleus Research ROI Awards. In addition, Buyer’s Lab has recognized both PaperVision Capture and PaperVision Enterprise as the best products in the enterprise capture and ECM fields. To learn more about the company’s software and services that deliver any document, anywhere, anytime®, visit www.digitechsystems.com.
1 Schmidt, D. (2014). Benchmarking Survey: Billing and Invoicing Mechanics – Electronic Delivery will soon Overtake Paper Invoices: Part I. Retrieved from: http://credittoday.net/public/2601print.cfm