IDC MarketScape for Worldwide Intelligent Document Processing (IDP) Software 2023-2024 Vendor Assessment
IDC MarketScape named Hyland a Leader in intelligent document processing for its IDP capabilities and strategies.
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With the increasing amount of content generated daily, accuracy and completeness of business data defines the success or failure of critical decisions.
Data capture is the process of extracting information from paper or electronic documents and converting it into data for key systems. It’s where most organizations begin their information management and digital transformation journey.
Automated data capture solutions reduce manual data entry and help control the chaos of paper-based processes. Workforces can easily collect relevant data from multiple forms of content and use it for designated workflows.
By employing and maintaining a single enterprise information platform with data capture features, organizations reduce costs, accelerate processes and improve customer service.
With connected systems, employees working from anywhere have access to accurate information by:
This provides staff with the most up-to-date, accurate information when they need it, without redundancies inherent in working with multiple systems. Employees are able to focus on more high-level tasks and customer service.
When used alongside the platform’s content management, and process automation and workflow capabilities, the capture process can be configured to occur at any point in a document’s lifecycle.
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Incorporating these automated capabilities into workflows offers fast, tangible benefits including:
Reduces handling of physical paper: In a remote work setting, digital documents are a must. This method of data processing eliminates the need to transport piles of documents around the office and between buildings, as well as storage, courier and file destruction costs.
Paperwork processes become simpler and easier by capturing documents where they originate, on a wide variety of devices, without the need to manually sort or insert separator pages prior to the scanning stage. Staff can use these tools to automatically sort and identify documents, and they can be configured to deliver electronic documents to designated recipients.
Speeds the capture of electronic documents: Using intelligent capture technology like Brainware results in an even faster and easier capture process.
IDC MarketScape named Hyland a Leader in intelligent document processing for its IDP capabilities and strategies.
Intelligent capture:
Eliminates manual data entry: Organizations reduce errors as well as the most tedious aspects of paperwork processing. That means employees won’t have to manually process business checks, or go through mail to extract information.
Even for a small team, reducing the manual data entry effort surrounding document processing lowers labor costs, accelerates business processes and improves customer service by ensuring employees have up-to-date information at their fingertips. Scaling these capabilities across a larger department or organization yields even better results.
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Hyland’s content services centralize vital data and technology infrastructure in one secure location, making content and processes manageable from one platform. By employing and maintaining a single enterprise platform with data capture features, organizations reduce costs, accelerate processes and improve customer service.
Deployed in the cloud or on premises, and expertly tailored to your needs and industry, Hyland solutions dramatically impact employee and customer experiences.
Find out more in Discover Hyland: An introduction to our content services.