Breakthrough Document Automation Products Help Customers Save Time and Money
Greenwood Village, CO – March 8, 2016 – Digitech Systems and Panasonic have partnered to showcase breakthrough document automation technologies at the ITEX Expo, taking place March 7-9, 2016 in Fort Lauderdale, FL, where Digitech Systems is sponsoring the Document Management Technology Zone.
Despite efforts to “go digital,” many businesses are still struggling to manage an ever-growing pile of paper-based information. For example, the Institute for Finance and Management (IOFM) estimates that more than 70% of invoices in the United States are still paper-based.1 When information is trapped in paper form, businesses struggle with executing processes efficiently, protecting sensitive data from prying eyes, and reducing the cost of doing business.
Through a technology partnership, Panasonic scanners can be combined with PaperVision® Capture, from Digitech Systems, to simplify the process of converting paper documents into electronic files that can be easily found through a simple keyword search. PaperVision® Forms Magic™, an artificial intelligence (AI) driven component of PaperVision Capture, can even sort documents into types automatically and extract critical business information to send to other lines of business applications.
For example, these technologies can help with AP automation. Paper invoices would be converted into electronic files by the Panasonic scanner and then sent to PaperVision Capture. Capture’s AI technology would sort the scanned invoices into categories and then extract business information such as invoice number, vendor, date, line items and invoice total to send to an accounting application like Microsoft® Dynamics GP, SAP®, or Oracle®. Electronic invoices can then be routed through approvals and payment processes more quickly and cost-effectively while simultaneously reducing accounting errors.
Visit Digitech Systems and Panasonic at the ITEX Expo Booth #611 to see a demonstration of these breakthrough document automation tools in action.
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®. By significantly reducing the cost, Digitech Systems has moved ECM from a luxury convenience to an essential element for every well-managed business.
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.
About Panasonic Solutions for Business
Panasonic delivers game-changing technology solutions that deliver a customized experience to drive better outcomes—for our customers and our customers’ customers. Panasonic engineers reliable products and solutions that help to create, capture and deliver data of all types, where, when and how it is needed. The complete suite of Panasonic professional solutions for government and commercial enterprises of all sizes addresses unified business communications, mobile computing, security and surveillance, retail point-of-sale, office productivity, visual communications (projectors, displays, digital signage) and HD video production. Panasonic solutions for business are delivered by Panasonic System Communications Company of North America, Division of Panasonic Corporation of North America, the principal North American subsidiary of Panasonic Corporation.
All brand and company/product names are trademarks or registered trademarks of the respective companies. All specifications are subject to change without notice. Information on Panasonic solutions for business can be obtained by calling 877.803.8492 or at us.panasonic.com/business-solutions/.
Connect with Panasonic for Business:
About Panasonic Corporation of North America
Panasonic Corporation of North America provides a broad line of digital and other electronics products and solutions for consumer, business and industrial use. The company is the principal North American subsidiary of Osaka, Japan-based Panasonic Corporation and the hub of Panasonic’s U.S. branding, marketing, sales, service, and R&D operations. In Interbrand’s 2014 annual “Best Global Green Brands” report, Panasonic ranked number five overall and the top electronics brand in the report. As part of continuing sustainability efforts, Panasonic Corporation of North America relocated its headquarters to a new facility, adjacent to Newark Penn Station in Newark, NJ. It is the first newly constructed office tower in Newark to earn both LEED Platinum and Gold certifications from the U.S. Green Building Council. Learn more about Panasonic at us.panasonic.com/news.
Connect with Panasonic:
1 Institute of Finance & Management and The Accounts Payable Network. (2015). “The Accounts Payable Certification Programs.” 36.