For over 20 years companies have been selling different versions of OCR and data capture software promising to replace data entry for your employees. We have bought the products hoping that someone eventually would live up to their hype. It would be extremely valuable to a company like ours to be able to automate data capture tasks. But so far, the data capture service our company offers always requires more than just OCR and data capture software to be viable. Here’s what we’ve learned from decades of failure attempting to use OCR capture software as the solution for data capture.
Each month Recordsforce has a company meeting where we get EVERYONE together. We used to do it in a conference room, but now we have it via a Zoom meeting. We review the company goals and our progress towards reaching them. We discuss any housekeeping issues and then we review some Flashlight Award nominations and announce the Flashlight Award Winners.
Recordsforce employs hourly part-time and entry-level staff in positions that do not require any higher education. In many industries, that’s an invitation to pay minimum wage, exclude benefits and paid holidays, and treat them as “expendable”…..even when it turns out those employees are now “essential.”
What Is Accounts Payable Automation?
Accounts payable automation begins with a need. A need to move client paperwork through the system more efficiently, a need to validate and clear invoices more quickly; the list goes on. The bottom line is this: your need is to get your accounts payable team to work faster, more efficiently, and with less human error.
In all likelihood, you work in an office that has everything to be expected - a water cooler, desks, snacks, maybe even a few bean bag chairs. However, you probably also have a large filing cabinet (maybe even multiple filing cabinets) collecting dust in a supply closet, or worse, taking up valuable floor space in the middle of your office. Even though scanning and document management technology has advanced to the point where organizations can operate completely paperless, filing cabinets are still prevalent in offices around the country. How can that be?
Accounts payable departments are a great example of a job where valuable employees often end up doing lots of “bad” work. Imagine your hiring ad for an A/P clerk stating:
At Recordsforce, we know what good invoice workflow should look like. We’ve been doing it for over 10 years, and at this point, we’ve pretty much seen it all. Most people we talk to who are managing their invoice approval workflows in-house know that there are errors in it, but can’t pinpoint why. Below we’ve listed the most common reasons invoice approval workflows are riddled with issues.
When documents get wet, the clock starts ticking. You have less than 24 hours before mold and mildew beginto form. The faster you act, the sooner you can avoid devastating document deterioration. Follow these steps you’ll be able to minimize the damage done to your most important papers after you suffer water damage.