Topic: Intelligent Document Processing (IDP)
How Global Logistics Company Deutsche Post DHL Group Reduced Transaction Costs Through Standardized AP Processes
Documents exist in a quarter of business operation scenarios or more. If you pick any industry, you will easily find documents, sometime even paper ones, holding back digital transformation. Deutsche Post DHL Group embarked on their automation project by analyzing their Finance activities to determine which processes and tasks could be automated effectively with RPA.
December 28, 2021
Essential Skills Needed to Make Procure-to-Pay a Reality
Procure-to-Pay (P2P) has become the Holy Grail of Accounts Payable (AP) automation, whose ultimate value is in delivering the AP department from a cost center to a strategic source of cashflow and profits. Only by gaining visibility and control over the content of your Supply Chain operations (from ordering to shipping, receiving, and ultimately payment) can P2P be achievable.
December 27, 2021
Leveling Up Document Processing with ABBYY Vantage v2.1
With the release of ABBYY Vantage v2.1, we are introducing more than 50 new enhancements to support your journey forward in solving complex document processing challenges using best-in-class no-code intelligent document processing powered by ABBYY’s leading artificial intelligence (AI) technology.
December 13, 2021
What Is Intelligent Document Processing, and How Does It Work?
Intelligent Document Processing can deliver significant benefits. By applying document skills in a way that closely supports the way humans understand and manage content, IDP saves time and money while also reducing the risk of costly errors.
December 8, 2021
Clearing the Document Bottlenecks in Your Supply Chain Operations with a “Skills” Approach
Supply chains run on documents at every point in their processes, from sourcing to shipping to customs clearances and payments, and the ability to handle documents directly impacts a company’s resilience, adaptability, competitive position, and profits. Yet the approaches to handling documents is antiquated, often relying on legacy optical character recognition (OCR) procedures enhanced with robotic process automation (RPA) workarounds. What if there was a better way?
November 18, 2021
Overcome the Increasing Challenges of Unstructured Content in Financial Services
Financial services is driven by enormous amounts of unstructured data, and the sources of that unstructured data continues to grow in variety and complexity. The ambiguities of these unstructured files make them more difficult to handle than data held in a database format.
November 17, 2021
Document Challenges Accelerate the Great Resignation
There’s nothing more frustrating than not being able to find something—especially when you desperately need it to finish a job. But it turns out that millions of workers are actually wasting weeks on end just looking for information in documents, according to new research commissioned by ABBYY.
November 12, 2021
ABBYY Vantage Named 2021 Trend Setting Product by KMWorld
We are proud to share that our latest innovation, ABBYY Vantage, has been named one of KMWorld’s 2021 Trend Setting Products—a list curated by KMWorld that showcases advanced products and service—offerings that are designed to help organizations derive greater benefit from their information, share knowledge efficiently, make better decisions, enable compliance, effectively support employees, and communicate seamlessly with customers.
September 24, 2021
Energy Company Ameren Transforms Finance and Accounting with ABBYY Intelligent Automation Solutions
Ameren, a US-based energy company set out to transform its Finance organization as way to streamline operations and give back hours to its employees. To date, Ameren's Center of Automation has provided more than 50,000 hours of savings to business partners through process automation.
August 30, 2021
Got Document Processing Challenges? There’s a Skill for That.
Imagine wanting to process invoices, receipts, and purchase orders as part of a procurement process. ABBYY has a skill for that in the ABBYY Marketplace. These skills help companies accelerate document processing, increasing accuracy, efficiency, and faster cycle times.
August 9, 2021
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