Polydocs

Automate Data Capture for Infor ERP

AI

“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

Increase productivity with Doc²

Doc²
from Daniel Jordan

Increase productivity with Doc²

How Doc² Document Capture Increases Productivity and Avoids Errors

In the era of digital transformation, businesses need efficient document management solutions to stay competitive. Manual document processing is slow, error-prone, and often leads to information silos. Doc², a cutting-edge document capture solution, is here to revolutionize document management by enhancing productivity and minimizing errors. In this blog post, we will explore how Doc²’s document capture features can transform your organization’s approach to document management.

Doc²: A Game-Changer in Document Capture

Doc² harnesses 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, organizations can save time, minimize errors, and improve overall efficiency.

Key Features of Doc²

AI-Powered Data Extraction: Doc²’s AI and ML algorithms accurately extract crucial data from documents, reducing the need for manual data entry and accelerating processing times.

Optical Character Recognition (OCR): Doc²’s advanced OCR technology enables accurate text recognition and capture from documents, even when dealing with different languages and varying document formats.

Seamless Integration: Doc² is designed to integrate with your existing content management, enterprise resource planning (ERP), and other software systems, ensuring a smooth workflow and easy data transfer.

Data Security & Compliance: Doc² adheres to the highest industry standards for data protection and privacy, safeguarding your sensitive information while maintaining regulatory compliance.

Scalability: Doc²’s scalable solution accommodates your growing business needs, capable of handling increasing volumes of documents as your company expands.

User-Friendly Interface: Doc²’s intuitive interface simplifies navigation, allowing users to quickly adapt to the platform and start streamlining their document capture processes.

The Benefits of Doc²’s

Boosted Productivity: By automating document capture, your team can spend less time on manual data entry and focus on more strategic tasks, leading to increased productivity.

Reduced Errors: Doc²’s advanced algorithms minimize the risk of errors associated with manual data entry, leading to more accurate data and better decision-making.

Time & Cost Savings: Streamlining document capture processes with Doc² can result in significant time and cost savings for your organization.

Enhanced Collaboration: Doc² facilitates better collaboration by making it easier for team members to access and share critical information, leading to improved decision-making and faster response times.

Improved Compliance: Doc² helps maintain data security and compliance, reducing the risk of breaches and ensuring adherence to industry regulations.

Conclusion

By adopting Doc² for document capture, organizations can unlock 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 looking to optimize their document capture processes.

Image credits header & post images from bing AI

Doc²: For Efficient Business Processes

Doc²
from Daniel Jordan

Doc²: For Efficient Business Processes

and Streamlining Invoice Capture

In today’s competitive business environment, streamlining invoice capture processes is crucial for enhancing efficiency and maintaining a healthy cash flow. Manual data entry can be time-consuming and error-prone, leading to delays and inaccuracies. Doc², a state-of-the-art invoice capture solution, is here to revolutionize the way businesses manage their invoicing processes. In this blog post, we will delve into how Doc² optimizes invoice capture for more efficient business processes.

Simplifying Invoice Capture with Doc²

Doc² leverages advanced technologies, such as artificial intelligence (AI), machine learning (ML), and optical character recognition (OCR), to automate and streamline invoice capture. By automating data extraction and reducing manual intervention, businesses can save time, minimize errors, and improve overall efficiency.

Key Features of Doc² for Invoice Capture

  • AI-Powered Data Extraction: Doc²’s AI and ML algorithms accurately extract critical data from invoices, reducing the need for manual data entry and accelerating processing times.
  • Optical Character Recognition (OCR): With its advanced OCR technology, Doc² can accurately recognize and capture text from invoices, even when dealing with different languages and varying invoice formats.
  • Seamless Integration: Doc² is designed to integrate with your existing enterprise resource planning (ERP), accounting, and other software systems, ensuring a smooth workflow and easy data transfer.
  • Data Security & Compliance: Doc² adheres to the highest industry standards for data protection and privacy, safeguarding your sensitive information while maintaining regulatory compliance.
  • Scalability: Doc²’s scalable solution accommodates your growing business needs, capable of handling increasing volumes of invoices as your company expands.
  • User-Friendly Interface: Doc²’s intuitive interface simplifies navigation, allowing users to quickly adapt to the platform and start streamlining their invoice capture processes.

The Benefits of Streamlining Invoice Capture with Doc²

Implementing Doc² in your organization can lead to numerous advantages:

  • Time Savings: By automating invoice capture, your team can spend less time on manual data entry and focus on more strategic tasks.
  • Cost Reduction: Streamlining invoice capture processes with Doc² can result in substantial cost savings by minimizing errors and increasing efficiency.
  • Improved Accuracy: Doc²’s advanced algorithms reduce the risk of errors associated with manual data entry, leading to more accurate data and better decision-making.
  • Enhanced Cash Flow Management: Faster invoice processing times help businesses improve their cash flow management and maintain better control over their finances.
  • Greater Visibility: Doc² provides real-time visibility into your invoice processing, enabling you to monitor progress, identify bottlenecks, and make data-driven decisions to optimize your processes.

Conclusion

By adopting Doc² for invoice capture, businesses can unlock 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 looking to optimize their invoice capture processes.

Image credits header & post images from bing AI

Introducing Doc²

Doc²
von Daniel Jordan

Introducing Doc²

A Comprehensive Invoice & Document Capture Solution

In today’s fast-paced business environment, managing invoices and documents can become a daunting task. Organizations are constantly searching for solutions that can streamline their processes, reduce errors, and save valuable time. Introducing Doc², a cutting-edge invoice and document capture solution designed to simplify your workflow and increase productivity. In this blog post, we will provide an overview of Doc² and explore its features and benefits that make it an indispensable tool for modern businesses.

A Revolution in Invoice & Document Capture

Doc² is a comprehensive solution that combines advanced technologies like 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. This powerful tool not only automates data extraction but also seamlessly integrates with your existing systems, eliminating manual data entry and significantly reducing the risk of errors.

Key Features of Doc²

  • AI-Powered Data Extraction: Doc² leverages AI and ML algorithms to extract critical data from invoices and documents with impressive accuracy, minimizing the need for manual intervention and speeding up your processing time.
  • Multi-Language Support: Doc²’s advanced OCR technology supports multiple languages, enabling businesses to process documents in their preferred language with ease.
  • Seamless Integration: Doc² can easily integrate with your existing enterprise resource planning (ERP), accounting, and other software systems, ensuring a smooth and streamlined workflow.
  • Data Security & Compliance: With Doc², you can trust that your sensitive data is secure. The platform adheres to the highest industry standards for data protection and privacy.
  • Scalable Solution: Doc² is designed to grow with your business, offering a scalable solution that can accommodate increasing volumes of invoices and documents.
  • User-Friendly Interface: Doc² features an intuitive interface that makes it easy for users to navigate, reducing the learning curve and allowing your team to start using the platform quickly and efficiently.

The Benefits of Implementing Doc²

By implementing Doc² in your business processes, you can reap numerous benefits, such as:

  • Increased Productivity: By automating invoice and document capture, your team can focus on more strategic tasks, leading to improved productivity and overall efficiency.
  • Reduced Errors: Manual data entry is prone to errors. Doc²’s automation and accuracy minimize these risks, leading to more accurate data and better decision-making.
  • Time & Cost Savings: Streamlining your invoice and document capture processes with Doc² can result in significant time and cost savings for your organization.
  • Improved Compliance: Doc² helps maintain data security and compliance, reducing the risk of breaches and ensuring adherence to industry regulations.

Conclusion

Doc² is a game-changing invoice and document capture solution that can revolutionize the way your organization manages its data. Its advanced features, seamless integration, and user-friendly interface make it an essential tool for businesses looking to optimize their processes and stay ahead in today’s competitive landscape. Explore the potential of Doc² and transform your business operations for the better.

Image credits header & post images from bing AI

Online retail lives on it …

Order
from Leni

Online retail lives on it …

Without any order, online retail cannot survive. But orders are also the order of the day in manufacturing companies or for service providers. Orders are documents that companies either place or receive. But what is meant by “purchase order”? What must be included in a purchase order?  What types are there?

A purchase order refers to an order to a supplier to deliver a specific good

It is likewise a binding declaration of intent by the buyer to purchase goods on the specified terms. Purchase orders are legally binding, meaning that the supplier is obligated to deliver the goods on the agreed terms and the buyer/customer has an obligation to accept and pay in return.

Although a purchase order is not bound to any particular form, it should be clearly written to eliminate errors/misunderstandings.

The following items should be included in a purchase order regardless of the transmission method (letter, fax, mail, electronic): 

  • General data (address of the purchaser and the supplier,..)
  • Reference to the offer
  • order explanation / order number
  • exact information about the ordered goods (price quantity)
  • terms of delivery and payment.
  • if necessary reference to the AGBs

Legally seen (BGB §§ 145 ff) an order is either an application or an acceptance. For example, if you receive an offer from a supplier and then place an order, this is called an acceptance. In this case, the purchase contract is concluded under the conditions stated in the offer.

On the other hand, if an order is placed without a prior offer, it is called a request. In this case, the supplier usually confirms the order by means of an order confirmation, and a purchase contract is then concluded as a result.

In a company, compiling or placing a purchase order is often a routine purchasing task. But purchase orders, just like invoices, are documents that need to be processed. With DOC², we want to support you in exactly this. DOC² is our software solution for intelligent and simple document processing. It is based on KI swarm intelligence, is constantly learning and gives you real added value in the area of document processing. You gain time that you can invest elsewhere. And time, as we all know, is money. 🤑

Want to learn more about how this is possible?

Then don’t hesitate to ask us.

Contact
order

Image credit: Header & Featured image from jannoon028 onFreepik