Date Added: Sep 2012
Despite the increasing digitization of business today, paper remains the lowest common denominator for many important financial activities. Scanning to capture documents for storage is a great place to start, but the goal of current best practices is the fully automated extraction of all relevant data from any document, whatever the data source may be.
Today's leading financial organizations have put solutions in place to quickly and accurately capture documents, extract data and move that data to a business process. Successful process engineering using document automation solutions streamlines operations, eliminates errors and lost data, reduces costs, and delivers greater customer satisfaction. IBM's Enterprise Ready Intelligent Capture (ERIC) is a coordinated approach to document input and processing that combines distributed and centralized scanning with fax and electronic conversion across numerous department applications through a standard enterprise wide capture portal.
This in-depth Enterprise Management Associates® (EMA) white paper explores "Enterprise Ready Intelligent Capture" as a way for organizations to make critical improvements to long-standing paper-bound functions and workflow.