Apr 15

Can OCR Automate Your Invoice and Utility Bill Processing?

By admin Data Entry Services, Document Processing, Invoice Processing, Utility Bill Processing

OCR (Optical Character Recognition) works by converting images of handwritten or printed text into machine-encoded text. This text is made readable by machines and aims to automate data extraction through data capture technology. While this technology is used widely today, it does require some manual effort in order to produce the highest amount of accuracy, especially with utility bill auditing. Depending on the quality of the handwritten or printed text, OCR technology may choose a specific character based on what it determines is the best match. So how well does OCR automate your invoice and utility bill processing? Read More

Apr 04

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Top 5 Technologies Impacting Utility Bill Processing

By admin Document Processing, Utility Bill Processing

Data entry is the most commonly implemented method of utility bill processing. However, traditional data entry methods are incredibly inefficient. While there have been improvements over time, many businesses are still inefficiently entering utility bills by hand. This slow and redundant process has a higher likelihood for errors and a slower cycle time increases the chance of late payments. With the rise in automation technology, businesses have been finding solutions to utilize technologies impacting utility bill processing. Read More

Feb 27

Love1

In-House Cloud Management vs Cloud Outsourcing

By admin Business Process Outsourcing, Data Security

Cloud computing offers on-demand network access for a variety of different tools and resources providing businesses with increased flexibility and improved management. Businesses quickly find that an in-house IT management team becomes costly. Outsourcing companies can provide customized cloud service solutions based on the unique needs of a business whether it is just a server to view and upload documents or a fully outsourced process. Outsourcing cloud management enables the ability to provide technology solutions at a lower cost while also providing back-end IT support to meet all in-house business challenges. Read More

Jan 18

Love4

What is the Key Component to a Successful RPA Implementation?

By admin Business Process Outsourcing, Business Process Automation

Machine learning and artificial intelligence greatly increased the efficiency of businesses by automating various back-end processes. Using tools such as data capture and bots allows a larger volume of data to be extracted and verified to reduce the turnaround time. By utilizing a set of rules, it allows a more uniform and consistent set of data to be extracted. While these modern technologies such as RPA have been shown to increase efficiency, there are often variables that are overlooked which can easily lower accuracy and quality. Read More

Jan 11

Love2

Transforming Data Through Automated Data Capture

By admin Business Process Outsourcing, Business Process Automation, Data Entry Services

In today’s business world, there is a greater need for increased efficiency to capture, understand, and utilize large sets of data. Automated data capture optimizes the ability to extract data through automated means. Simply put, it helps reduce the amount of time and effort required to process data-intensive processes. Automation of the data extraction process also helps streamline and maintain data consistency to reduce manual errors. Read More

May 18

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How can Outsourcing Data Capture Enhance Data for Your Business?

By admin Business Process Outsourcing, Business Process Automation, Data Entry Services No Comments

Documents contain a vast amount of data which can be utilized for important decisions to increase business growth. As volumes of documents increase so does the need for quick and accurate data. Outsourcing data capture can be performed in an automated and manual process to ensure that all of the data is accurate and of high quality. Read More