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Automate Data Capture for Infor ERP

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Increased efficiency and competitive advantages

efficiency
from Leni

Increased efficiency and competitive advantages

through intelligent technologies

In today’s dynamic business environment, it is critical to continuously improve a company’s efficiency and productivity in order to remain competitive. One of the most effective ways to achieve these goals is through business process automation. Below, we’ll take a closer look at the importance of automation in the enterprise and how DOC², our best-in-class software solution for intelligent document processing, can help you achieve this.

What is behind the term “automation”?

Automation is the process of having machines or software solutions take over tasks, processes or procedures that were originally manual. A program that follows set rules or logics dictates the sequence of automated tasks. In automation, humans assume only a monitoring or control function.

What types of automation are there?

Depending on the automated portion of a process, a distinction is made between partial and full automation.

Partial automation is a mixture of automated and manually executed process steps, whereas in full automation the entire work process is the responsibility of a machine or software solution.

What are the goals of automation?

  1. Increased efficiency: Workflows and processes are to be optimized in order to save time and resources. Tasks are performed faster, more precisely and with less effort.
  1. Increasing productivity: By automating repetitive and time-consuming tasks, employees can focus their time and energy on more demanding and strategically important activities.
  1. Error minimization: Automation aims to reduce or eliminate human errors that can occur in manual processes. This leads to higher accuracy and quality of work results.
  1. Cost reduction: using automation technologies results in fewer personnel needed for repetitive tasks, thus saving operating costs. 
  1. Scalability and flexibility: Automation enables companies to adapt to growing demands and changes in the market. Processes can be easily scaled and adapted to keep pace with business growth or new requirements.
  1. Competitive advantage: Companies that successfully implement automation can gain a competitive advantage. They can work more efficiently, respond more quickly to customer requirements and bring innovative solutions to market faster.

What are the benefits of automation for companies?

Automation offers numerous benefits for companies of all sizes and in all industries. One of the most obvious impacts, as we have also already seen in the goals of automation, is increased efficiency. By using automation technologies, companies can speed up time-consuming processes while minimizing human error. This leads to a significant increase in productivity, as employees can focus their attention on more challenging tasks instead of spending time on repetitive and monotonous activities.

In addition, automation enables tasks to be performed consistently and without error. Human errors can have costly repercussions and lead to delays, customer dissatisfaction, or even legal issues. By using automation technologies, companies can ensure that processes are executed accurately and consistently, which also improves the quality and accuracy of work.

Another important benefit of automation is cost reduction. By automating workflows, companies can reduce operating costs by requiring fewer personnel to perform repetitive tasks. This allows companies to invest resources in other areas, such as research and development or improving the customer experience. In the long run, this can lead to significant cost savings and strengthen the company financially.

DOC² supports you in automation

To reap the benefits of automation, the right technology is critical. This is where DOC² comes into play. DOC² is a state-of-the-art software solution for simple and intelligent document processing that helps companies automate and optimize their document processes. With DOC², companies can efficiently capture, extract, classify and process documents. DOC² leverages the power of artificial intelligence (AI), machine learning (ML), and optical character recognition (OCR) to automate and streamline document capture. By automating data extraction and reducing manual intervention, companies can save time, minimize errors, and improve overall efficiency.

Conclusion

Automation enables organizations to improve performance, reduce costs, and remain competitive.

The revolution in data processing through DOC²

data processing
from Leni

The revolution in data processing through DOC²

In a world where data has become one of the most valuable resources, companies are increasingly faced with the challenge of effectively using the information they collect and processing it as quickly as possible. Digital data processing has proven to be an invaluable tool in helping companies optimize their data flows. In this article, we will highlight the opportunities and benefits of digital data processing for businesses and how DOC², a smart and simple document processing solution, can help you realize the full potential of your data.

The Rise of Digital Data Processing:

In today’s data-driven business world, the ability to process information quickly and efficiently is a true competitive advantage. Digital computing offers businesses the ability to analyze large amounts of data in real time, providing insights that can revolutionize their decision-making. From automated data extraction to artificial intelligence (AI) and machine learning, the possibilities are endless.

Data-driven decision making:

Informed decision making is key to the success of any business. Digital computing gives companies access to vast data sets that they can analyze and interpret. Using data mining techniques and advanced analytics, companies can gain valuable insights that help them make informed decisions and adapt their business strategies. From customer segmentation to demand forecasting to production process optimization, data mining offers a wealth of opportunities to drive business success.

DOC²: The intelligent solution for document processing:

As a business looking to realize the full potential of digital data processing, take a closer look at DOC². DOC² is a smart and simple solution based on cutting-edge technologies like AI and machine learning. With DOC², you can automatically extract data from documents, capture it, and store it in a structured way. The solution allows you to quickly and accurately process documents in various formats, such as PDFs, scans, or even handwritten notes.

DOC² offers a variety of benefits for companies that want to optimize their data processing. First, automated document processing with DOC² saves valuable time and minimizes errors. Manual data entry is eliminated, resulting in greater accuracy and efficiency. Employees can focus on more strategic tasks, while repetitive and time-consuming tasks are handled by DOC².

Another advantage of DOC² is its scalability. Whether you are a small start-up or a large enterprise, DOC² can be customized to meet your unique needs. The solution can grow with your business and adapt to changing needs. You can easily add new document types and formats and continuously expand the power of DOC².

In addition to these benefits, DOC² also offers a high level of data security. By using the latest security technologies, your sensitive company data is protected. Confidentiality, integrity and availability of your data are top priorities with DOC².

Conclusion

Digital data processing is an important step for companies to strengthen their competitiveness in today’s business world. Automating and optimizing document processing enables more efficient use of resources and provides valuable insights for informed decision-making. With DOC² as an intelligent document processing solution, organizations can reap numerous benefits, including time and cost savings, data-driven decision making, and scalability. Unlock the full potential of your data and ensure your business thrives in the age of digital transformation. Start using DOC² today and experience the revolutionary power of digital computing.

data processing

Image credits: Header- und Beitragsbild von rawpixel.com auf Freepik

The benefits of no-code and low-code platforms for companies

no-code
from Leni

Efficient and flexible

The benefits of no-code and low-code platforms for companies

Efficiency, flexibility and automation are topics that are becoming increasingly important and relevant for companies of all sizes. When we look at the evolution of technology, we quickly realize the need to automate manual processes in order to increase efficiency and remain competitive.

In the world of software development, there are two terms that keep coming up: No-Code and Low-Code. But what do these terms actually mean and how do they differ from each other? In this article, we will define no-code and low-code platforms, explain how they work, highlight their differences and benefits, and present a solution that incorporates both. 

What is No-Code?

No-Code is a method or platform that can be used to create applications or software solutions and do so without any programming knowledge at all. It is an approach that aims to reduce the complexity of programming so that people without a technical background are able to create applications.

Examples of no-code platforms: Bubble and Adalo

What is low-code?

Low-code is a method or platform that allows applications or software solutions to be developed with a minimal amount of traditional, hand-written code. It is a development approach that aims to reduce programming effort by providing developers with visual and abstracted tools.

Examples of low-code platforms: OutSystems and Mendix

How does a no code and low code platform work?

No-code platforms:

  1. Visual development environment: a no-code platform provides a visual development environment that allows users to build applications without writing code. You can simply drag and drop elements and functions into the user interface.
  2. Pre-built building blocks: No-code platforms offer a variety of pre-built building blocks that can perform various functions and actions. These building blocks can include elements such as buttons, forms, tables, database connections, user authentication, and more. Users can select these building blocks and insert them into their application.
  3. Configuration and Customization: Users can then configure and customize the application’s features by simply clicking on the various elements and changing the properties.
  4. Integrations: No-code platforms typically provide pre-built connectors or APIs to facilitate integration with other systems and services. This allows users to incorporate data into their applications and extend functionality.
  5. Test and Deploy: After the application is built, no-code platforms allow users to test their application to ensure it works as expected. They can then deploy the application, either internally to employees or externally to end users.

Low-code platforms:

  1. Visual development environment: A low-code platform also provides a visual development environment, but it is more for developers. Here, developers can create applications faster and more efficiently by using pre-built building blocks and components.
  2. Building blocks and components: A low-code platform provides pre-built building blocks and components that developers can insert into their applications. These building blocks can include features such as user interface elements, database connections, integrations with external systems, workflow logic, and more.
  3. Configuration and customization: Once the building blocks are placed, developers can configure and customize them to achieve the desired behavior. This can be done by setting properties, setting events or writing custom code.
  4. Integrations: Low-code platforms facilitate integration with external systems and services. They often provide pre-built connectors or APIs to connect to databases, cloud services, payment gateways and other applications.
  5. Deployment: once the application is developed, developers can typically deploy it in a number of ways. This can include deployment to a local server, to the cloud, or to mobile devices. Low-code platforms often offer features to automate the deployment process to ease implementation and shorten time-to-market.

Low Code vs. No Code: What are the differences?

The main difference between no-code and low-code platforms lies in the complexity of the development/application. While no-code platforms aim to allow non-developers to create applications, low-code platforms offer developers more flexibility and control over the development process.

In addition, they also differ in the way they work, as described above. Low-code platforms are, in a sense, a graphical tool for dealing with familiar and sometimes complicated programming languages, while no-code platforms strive to separate themselves completely from text-based code. This means users should be able to tackle and complete their own projects without in-depth know-how. 

And thus, there is also a difference in the target audience. Low-Code is aimed at programmers / developers who want to make it easier to work on the source code, but also end users with little programming knowledge. No-code, on the other hand, is aimed more at end users who want to create their own application software without the help of developers.

Advantages and disadvantages

No-code and low-code platforms offer a variety of benefits that can help organizations speed up development and increase productivity. Here are some of the key benefits:

  1. Time savings: applications can be developed faster with no-code and low-code platforms because they are based on visual development tools and require less to no code. 
  2. Increased productivity: because no-code and low-code platforms require less coding, developers and non-developers can work faster and more efficiently. 
  3. Lower costs: fewer developer hours are required and development time is reduced. This can be especially beneficial for smaller companies that may not have the resources to employ a large team of developers.
  4. Ease of scalability: no-code and low-code applications are typically scalable, which means they can be easily adapted to meet the needs of the business as it grows or changes. This can help the business remain flexible and adapt to new challenges and opportunities.

DOC² – the solution for document processing based on no-code-low-code.

The transition from no-code to low-code can be fluid. This is exactly the case with DOC². Because DOC², our simple and intelligent solution for document processing, is based on no-code and low-code. 

DOC² is a comprehensive solution that combines advanced technologies such as artificial intelligence (AI), machine learning (ML) and optical character recognition (OCR) to deliver unparalleled accuracy and efficiency in capturing, processing and extracting valuable data from invoices and documents. It is designed to grow with your business, providing a scalable solution that can handle increasing volumes of invoices and documents. In addition, DOC² has an intuitive user interface that makes it easy for users to find their way around, shortening the learning curve and enabling your team to use the platform quickly and efficiently. Find out more about how DOC² works and who

Conclusion

In summary, both no-code and low-code platforms are designed to make application development more accessible. However, no-code tools are best suited for those who have little to no programming experience, while low-code tools are better suited for more experienced developers who want to speed up their development workflows.

“You’re wasting time!”

time
from Leni

“You’re wasting time!”

Has anyone ever told you that you are wasting time? Or haven’t you ever asked yourself the question: How can I use my time more wisely and effectively? 

In today’s business world, time and cost play a huge role in staying competitive. One of the most time-consuming tasks in many companies is document processing. In this area, many companies still have employees spending hours typing up documents and manually transferring and reviewing data from point A to point B. This is a problem because it takes a lot of time to process documents. This poses a problem, as it simply takes up too much time and therefore incurs costs. Fortunately, there is a solution: automated document processing, or IDP. In this blog post, you’ll learn what “IDP” is, how it can help companies save time and money, and why DOC² is the right solution for your business.

What is IDP?

IDP stands for Intelligent Document Processing. It is an advanced technology that allows companies to automatically process, classify and extract data from documents. This technology can be used in almost all areas of document processing, including invoicing, contract management, human resources, and more.

How can IDP save companies time and money?

IDP can help businesses save time and money by enabling them to process documents faster and more efficiently. Here are some of the key benefits of IDP:

  1. Reduced manual workload: IDP automates many of the time-consuming manual tasks normally required in document processing, such as sorting, classifying and extracting data. This reduces the workload for employees and allows them to focus on more important tasks.
  2. Improved accuracy: IDP uses machine learning and artificial intelligence to process documents automatically. This means less human intervention is required, reducing the likelihood of errors and improving the accuracy of results.
  3. Shorter processing times: IDP can process documents much faster than humans. 
  4. Better compliance: IDP can also help companies become more compliant. This is because the technology ensures that all documents are classified and extracted correctly, which in turn helps ensure that all relevant regulatory requirements are met.

Why DOC²? How does it help to avoid wasting time?

DOC² is a state-of-the-art document capture solution. It harnesses the power of artificial intelligence (AI), machine learning (ML) and optical character recognition (OCR) to automate and streamline document capture. As a result, it is able to capture, classify and extract data from any type of document (invoices, delivery bills, AB, contracts). 

By automating data extraction and reducing manual intervention, companies can save time, minimize errors and improve overall efficiency.

Conclusion

Say goodbye to time-consuming manual processes. Automate your document capture with DOC². By using Doc², your organization can achieve significant efficiency gains, reduce errors, and save time and resources. 

With its advanced features, seamless integration, and user-friendly interface, DOC² is the ultimate solution for organizations that want to streamline their document capture processes and stop wasting valuable time.

time

Image credits: Header & Feautured image from svstudioart on Freepik

GDPR

GDPR

GDPR

What is the General Data Protection Regulation?

The General Data Protection Regulation (GDPR) is a regulation of the European Union. The GDPR is a standardization of data protection in Europe. It regulates how data and especially personal data may be collected and/or processed by companies, associations, public authorities and private individuals. On the one hand, this is intended to give citizens better control over their data and, on the other hand, to ensure the free movement of data within the European Single Market.

Principles of the GDPR:

Art. 5 of the GDPR sets out the various basic principles for data processing. These regulate how the storage and processing of data can take place in accordance with the law.

  • Lawfulness of processing
    A legal basis is a prerequisite for any data processing.
  • Purpose limitation
    When collecting data, the purpose for the collection must be defined and communicated to the data subject. It must be legitimate and unambiguous and may not be used for any other purpose. The data subject must be informed of any subsequent changes. In addition, the data subject is given a right of objection with the change, if applicable.
  • Data minimization
    Only the data that is actually necessary to achieve the purpose should be collected. This means that for a reservation in a restaurant, the date of birth or marital status need not be requested.
  • Accuracy
    All data must be factually correct and always up to date. This means that all outdated data must be deleted or modified immediately.
  • Storage limitation
    Data may only be stored as long as it is necessary to achieve the purpose.
  • Integrity and confidentiality
    The collected data must be adequately protected against unauthorized or unauthorized processing, but especially against disclosure to unauthorized third parties or accidental loss. The appropriate technical and organizational measures must be introduced for this purpose.
  • Accountability
    The controller who collects the data is responsible for compliance with the above points and must also be able to demonstrate this to the supervisory authorities.

Objectives of the GDPR:

The objective of the GDPR is to protect the fundamental rights and freedoms of a natural person and in particular their right to protection of personal data. Everyone should be able to make informed decisions about what happens to their data. 

What is the threat of a breach of the GDPR?

Failure to comply with the data protection principles can have unpleasant consequences. Violations of the personal data processing principles may result in a fine of up to €20,000,000 or, in the case of a company, up to 4% of its total annual worldwide turnover in the previous financial year, as well as action by the supervisory authority (Article 83(5)(a) GDPR).

Image credits: Header- and featured image from Wilfried Pohnke on Pixabay

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