As you’ve seen with our automation ROI calculator, using manual data entry or working with a substandard OCR/document processing solution can take a serious bite out of your budget. Working with an automated document processing solution addresses more than just data entry, solving many other pain points…
- An inferior UX for accounts contributes to increased churn of employees, putting a strain on HR
- Weak internal collaboration will increase time chasing approvals across the board, creating potential compliancy breaches
- Communication bottlenecks with suppliers leads to time wasted chasing the correct documents and answering suppliers’ questions, creating bad relationships and problematic SLAs
- No internal checks and low match rates increases the risk of fraud
- Lack of high quality data limits your understanding of the real costs that could lead to cost savings
- High IT maintenance costs as your team is forced to maintain an inadequate document processing solution
Turium’s intelligent document processing platform automates the entire document lifecycle – data capture, validation, pre- and post-processing, approval workflows, reporting dashboards. Reducing manual data entry, team fatigue, and payment penalties.