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Documation has a long history of working closely with EMC Captiva, using their OCR software. This is a fully customisable capture solution that scans vendor documents and automatically extracts and validates the data they contain before exporting it to business systems for processing. Using intelligent document recognition technology (IDR), the OCR identifies incoming documents such as invoices and immediately begins extracting information such as purchase order number, invoice date, total amounts, line item data and more. The result is a faster, more efficient means of handling invoices.

Industry research shows that automation is yet again the way forward for cost saving and improved efficiency: Best-in-class Accounts Payable performance gives you 92% lower invoice processing costs and 81% faster invoice processing cycle times.

Implementing Documation alongside EMC Captiva's OCR software allows all business documents to be captured, processed through workflow and stored in the Documation solution. Using OCR to capture the data eliminates the cost and time associated with manual data entry. Another benefit is the reduced storage overheads as well as the ability for instant retrieval of all documents from a single environment.

Contact us to find out more about our partnership with EMC Captiva

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