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Intelligent Digital Applications | Incture

Unstructured documents require a high degree of manual intervention which can deter cost efficiencies for an organization, increase the risk of errors and lead to loss of data.<br><br>Join us in the webinar on hyperautomation driven Cherrywork digital applications processes integrated with the document skills of the ABBYY Vantage platform to implement resilient finance and accounting processes for SAP customers.<br>https://incture.com/

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Intelligent Digital Applications | Incture

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  1. How Financial & Accounting processes are becoming More Resilient than ever with Document Intelligence High Manual Load: An estimated 36% of enterprises use paper invoicing and 47% rely on manual processes for approval High Operational Cost:  The average cost to process an invoice is $12.90 Missing Data & Poor Visibility: Around 58% of businesses say they need real-time visibility into accounts payable An error rate of for even the most redundant tasks 10% Time wasted in dealing with document  related challenges cost organization  per year in compensation costs alone $19,732  Organizations need to hire more people as labour represents a median of of the total costs of invoice processing 60% Physical documentation can lead to loss of data Cherrywork® suite of intelligent digital applications have hyperautomation capabilities to Streamline and  automate finance and accounting processes Reduce duplicate or erroneous payments Mitigate the risk of fraud 04 02 06 Document Recognition Collaboration & Monitoring Payment VANTAGE 01 03 05 Incoming Documents Document Verification Invoice Completion Efficiencies Gained. Resilience Delivered. 360° 100% 80% Reduced manual entry resulting in operational efficiency and staff productivity Streamlined and standardized rule- based business process workflows to drive cost efficiencies Visibility with easy auditing and increased transparency with data For more information, write to us at info@incture.com

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