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Exploring the Benefits of Contextualizing OCR Data

Why AI is the Key to Contextualizing OCR Data Optical Character Recognition (OCR) is a technology that stands for efficiency and productivity. By converting scanned images and printed text into editable digital files, OCR has revolutionized the way we handle data-intensive tasks. Yet, amidst the buzz surrounding OCR’s capabilities, the power to utilize OCR for […]

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Contextualizing OCR-Captured Back-Office Data with AI

Unlock invoice insights by using AI to contextualize back-office data In today’s data-driven business landscape, the sheer volume of information generated by back-office operations can be overwhelming. From financial transactions to procurement processes, organizations are inundated with data. However, without proper context, this data fails to provide meaningful insights and actionable outcomes. This is particularly […]

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Is Your Company Prepared for Economic Growth?

Back-office efficiency and flexibility is a lynch pin! The economy appears to be entering a period of substantial economic growth. Stabilizing inflation and lower interest rates are seen as signs of future accelerated growth. In times of economic growth the spotlight often shines on the forefront of businesses – the customer-facing interactions, products, and initiatives. […]

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Automation in C-Stores & Travel Stops

Automating back-office processes can deliver big savings! Back-office automation in convenience stores and travel stops can offer numerous significant benefits including enhancing overall operational efficiency, customer service, and profitability. Here are some key advantages available by automating back-office functions: Implementing back-office automation in convenience stores and travel stops allows businesses to operate more efficiently, reduce […]

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Back-office Automation in Food Distribution

Foodservice distribution companies can reap big rewards! Back-office automation in foodservice distribution can bring about several benefits, streamlining operations, improving overall efficiency and adding to the bottom line. The economic and supply chain benefits of automation cannot be overestimated. Here are some key advantages to automating your back-office processes: Implementing back-office automation in foodservice distribution […]

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Unleashing Efficiency: AI-Assisted Rules-Based Workflow

November 17, 2023

In the dynamic landscape of business operations, the integration of artificial intelligence (AI) into rules-based workflows has emerged as a game-changer. AI-assisted rules-based workflows bring a new level of efficiency, accuracy, and adaptability to various processes, including those in the financial back-office.

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Is Your Solution Capturing the Right Data?

You may be getting accurate extractions, but is it capturing the data you need? All data capture solutions, and solution providers, are not created equal. Capturing data accurately and capturing the right data are both essential aspects of effective data collection and management, but they refer to slightly different concepts that will have a major […]

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Is EDI Right for Your AP Operation?

Factors to consider in evaluating EDI In today’s economically challenging business landscape, organizations are constantly seeking ways to streamline their operations and improve efficiency. One area where this is particularly important is Accounts Payable (AP), where managing invoices, payments, and vendor relationships can be a complex and time-consuming process. Electronic Data Interchange (EDI) is a […]

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