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- An Input management solutions capture information from a wide variety of file format and document types.
- Master Concept helps you capture business critical information from paper, fax and electronic data sources into business-ready content suitable for processing by enterprise applications. You’ll easily automate the processing of billions of documents annually, quickly and accurately converting their contents into information that is usable for all enterprise business processes in a timely and cost-effective manner.
- All documents, regardless of format, are either scanned, faxed or received electronically. These documents will go through an image enhance process making optimal to begin to identify the document, whether it is a contract, PO, or correspondent. Metadata is then extracted from the document based on its classification. As an option, the data can be validated against a third party application, such as ERP / LOB, to ensure that the information extracted from the document is accurate. At the end of the process the digitized documents and metadata are delivered and stored within EMC Documentum and / or any datastore / ERP systems.
- For example, A Bank scanned all documents within their legal department. The bank has achieved significant labor productivity improvements among high-valued staff in their legal department and reduced costs for physical storage space, shipping costs, and paper suppliers. The Bank achieved a return on investment of 113% with a payback period of 18 months. After having the system in place for 3 years they have saved an estimated $17.9 million by scanning in all documents.
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