Go Beyond OCR to Raise the Bar on Cash Flow

Use Intelligent Document Processing to improve Accounting data quality

How Digital Intelligence can be applied to accounting processes - ABBYY eBook

There’s a relationship between the quality of content in paper and digital documents and the Accounting processes they enable. Poor quality disrupts processes, making it hard to meet KPIs for payment and cash flow.

Intelligent Document Processing (IDP) solutions raise content quality by adding modern technologies like neural networks and machine learning to the OCR. This improves the automated capture, recognition, field extraction, and validation of both structured and unstructured document content. The newest IDP solutions apply analytics to provide Accounting with an even higher level of digital intelligence.

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This eBook will explain the difference that these new technologies can make in Finance and Accounting, so you can achieve results like

  • 30 to 40 percent increase in productivity—Automated balance sheet reconciliations
  • 30 to 40 percent increase in productivity—Automated purchase order approvals and tracking
  • 30 to 40 percent increase in collections—Predictive modeling for identifying late payments

Thank you for your interest in ABBYY.

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