DCA News Blog
Kofax Capture and Automating your Business Processes
Posted on 10/27/2010
Many times we hear management asking us to find ways to "work smarter." But that can be difficult to do without having the right technology to back it up. Without some investment in automation technology, the whole idea of "working smarter" will only result in frustrated employees.
Automated, intelligent scanning software, like Kofax capture, can dramatically reduce employee workload while cutting costs in the process. Two companies – a hospital and an insurance company – used Kofax capture solutions to achieve just that:
Hospital
A hospital had recently implemented an Enterprise Resource Planning (ERP) solution to improve operational processes. However, the processing of supplier invoices remained a manual procedure. This labor-intensive process included registering the invoice in the ERP system and then obtaining a number of approvals before the invoice could be paid.
The hospital installed a Kofax solution to automate the process. Now, invoices are scanned at a central location, the Kofax software extracts the relevant data and cross-checks it with the ERP accounting system and the approver receives notification via e-mail to start the approval process.
The hospital estimates a 30 percent cost savings per invoice.
Insurance company
Kofax technology helped a Japanese insurance company improve its tedious workflow involving the manual review of forms at numerous levels, manual data entry and lengthy company distribution process. A new process was implemented using Kofax Intelligent Capture & Exchange to scan, recognize, validate, verify and release the documents throughout the company. And, because the solution included Kofax Virtual ReScan, the quality of the documents was ensured throughout the process.
Thanks to this solution, the insurance company decreased the amount of time it takes from document origination to accessibility on the system from five days to two or three days. This solution has also freed up worker tasks, allowing them to focus on other duties.
DCA’s Kofax capture software can help you make an incredible impact on your company’s business processes and pocketbook without sacrificing quality in the process. DCA’s team is skilled in developing a Kofax solution that will help you achieve the results you’re after. To get the conversation started, call us (908) 735-0393 or contact us online.
Tags:
kofax
automation
document management
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