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Growing investment in Business Process Automation drives growth in Data Capture Solutions

Recent findings from Global Industry Analysts (GIA) reveals the market for automated data capture is witnessing significant growth driven by expanding business process applications in healthcare, government and retail sectors.

 
PRLog - June 3, 2014 - LEOPARDSTOWN, Ireland -- A key factor contributing to this market growth is the need for accuracy in data and compliance requirements. Analysts Research and Markets further support these findings forecasting growth of over 12% by 2016.

SoftCo’s automated data capture and forms processing solutions are rapidly becoming an essential component of business processing. With SoftCo customers recognising a reduction in direct costs of up to 80% and enhanced productivity compared to manually processed forms there has never been a better time for implementing an automated data capture strategy.

SoftCo’s intelligent data capture and processing software is feature-rich, incorporating intelligent indexing, barcode recognition, image enhancement tools, automatic document controls and a range of configurable data entry and validation tools to increase speed and enhance system performance.

SoftCo’s capture solutions extract key information from any type of business document, including invoices, purchase orders, forms and applications, and feed the data into business applications. The process involves the use of advanced technologies including WebCapture, Email Collector, Invoice Capture Services (ICS) with the ability to receive and extract data irrespective of format (paper, EDI, XML, PDF, email).

“SoftCo’s intelligent capture solutions enable organisations transform high volumes of documents into actionable data for use in vital business processes” commented Robert Hickey, Senior Project Manager, SoftCo. “By combining SoftCo’s capture solutions with business process automation organisations can reduce costs, ensure compliance and eliminate risk.”

To learn more about SoftCo's solutions visit www.softco.com

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SoftCo
***@softco.com

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Contact Email:
***@softco.com
Source:SoftCo
Location:Leopardstown - Dublin - Ireland
Industry:Software, Technology
Tags:business process automation, data capture solutions, streamline business processes
Shortcut:prlog.org/12331683
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