There are numerous benefits to digitization transformation of your business or organizations documents using state of the art technology such as RPA Software and IDP software. Listed below are just a few.
1. Quick Return On Investment
First and foremost your company will see a quick ROI. The automation process, especially for miniscule administrative tasks, will not only save on time it will also save a significant amount of money. No longer will multiple employees need to be tasked for an extended period of time on items that digitization software can complete in minutes or hours. Automation allows employees to focus their time and attention on the areas within your business that earn the most profits. This allows more focus on the aspects of your business that drive it forward.
2. Streamline Document Workflow With Digitization Transformation
With the digitization of your company’s documents, your business is allowed to streamline and not get hung up on the small everyday processes. As your business grows, so does the ever-evolving technology. Invoices are one area that businesses can really streamline and improve upon. What used to be a small group of employees entering data manually have now become various departments, needing more employees and managers overseeing these processes, as your company expands. This turns the once small cost of processing an invoice into an exuberant amount of money. Luckily, through digitization transformation these invoices can be processed faster and more reliably.
3. Happier Employees
An extra bonus to implementing RPA and IDP software is the moral of your employees. Surveys have shown, time and time again, that employees who work with AI software and digitized documents are happier and the workplace morale is way up. Employees will fatigue at the cumbersome task of inputting data, day after day. Employee retention is also higher at companies that implement digitized documents, saving money on the costs of new hires and training.
4. Easy Access to Data
One of the best aspects of the digitization transformation of your businesses documents is the availability of your company’s documents. Whether the information was on an email, text, handwritten invoice, letter, table, PDF, or Excel sheet, your employees will be able to find what they are looking for with lighting fast speed. The efficiency of being able to locate documents quickly will save your employees valuable time and save your company money.
5. Simple Integration
iKAN software and processes are easily integrated into third party systems. First your company’s documents are captured, either by scanning or uploading. Then the documents are processed, where the text is extracted from the document and assigned a category. Afterwards the documents are validated, where the data is shared with the business app. Finally it is routed and stored for future retrieval in the third party system of your choice. The process is simple and uncomplicated. Once the documents are integrated your company can allow or deny access to any document, depending on the access level of your employee. This allows businesses to enforce file security with using monitored document access.
6. Quick Problem Solving
Even if your business does not have a third party platform already in place, iKAN Software Solutions can provide your company a solution to increase document workflow. iKAN has been in business for over 20 years and has helped hundreds of companies solve their document workflow problems. Utilizing IDP, ML, and NLP, all with the assistance of the latest AI has made iKAN software a leader in transforming companies document processes into low cost, money-making businesses.
7. Ongoing Support
iKAN Software Solutions prides itself on offering quality support that will continue as long as we are in business together. The software is easy to use and simple to set up. Getting started is a breeze with our professional team that is in place to walk you and your company through every step of the way. Once you embark on the digitization transformation of your document centric business you will wonder why you didn’t start sooner.