20 Dec What is Intelligent Capture?
By Alvaro Martinez
You are most likely familiar with the phrase Intelligent Capture, but do you know the true meaning of such phrase? Well here is a quick definition; Intelligent capture is the process of identifying and extracting critical information from incoming paper and electronic documents without extensive guidance from a user. When leveraged in combination with content management or business process automation software, organizations can use the extracted data for digital routing and delivery of relevant documents.
Benefits of Intelligent Capture and Data Extraction
- Reduce manual data entry
- Minimize errors associated with manual steps
- Automatically verify the validity and accuracy of data
- Automatically index documents
- Employees spend time on value-added activities
- Maximize processing and input cycle times
- Speed routing to accelerate transaction cycles
How does Intelligent Capture works?
The Intelligent Capture products that Shamrock offers perform data extraction that pulls key information directly from paper and electronic documents faster and more accurately than other technologies, without requiring templates, anchors, keywords or zones. Intelligent Capture forms a complete document processing system that combines automatic document classification, extraction, and validation, as well as archiving and uploading of data into many enterprise resource planning (ERP) systems. This advanced, intelligent capture technology enhances the accuracy and speed of any process that requires more than the standard character and form recognition of traditional OCR all in a comprehensive package that delivers results from day one.
Intelligent Capture provides real-time insight and analysis into your capture process with immediate access to metrics and key performance indicators. These analytic tools deliver comprehensive detailed views of key process steps, including access to metrics that show extraction rate accuracy for every document and details about overall performance enabling timely and decisive action. In addition; Intelligent capture offers an audit trail that assists in compliance with government regulations and maintains precise retention of records and other sensitive data.
You can explore more about Shamrock’s Intelligent Capture solutions here