[Webinar Slides] Learn Top Tips to Managing and Processing the Paperwork in your Business
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Are you looking to automate your business processes and other types of paperwork through automation? Check out these webinar slides to discover new ideas on how to succeed with automation in a variety of industries. Then, take the next step on improving your processes and join us for the World Paper Free Day virtual event on November 4th, 2016. You'll get the tips and tricks from the automation pros! (http://info.aiim.org/world-paper-free-day)
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[Webinar Slides] Learn Top Tips to Managing and Processing the Paperwork in your Business
- 3. Underwri(en by: Opera(onal Challenges § Similar for many organizaHons § Long processing Hmes § Delayed response Hmes § Poor accessibility and sharing Opera&onally, 58% say their biggest business problems is things ge8ng stuck in a process Source: AIIM Industry Watch Process Improvement and Automa(on 2016
- 4. Underwri(en by: Applica(on Processing § Struggle to scale § Outdated methods of processing documents § They use manual processing methods § Inability to efficiently prioriHze high-priority applicaHons § Difficulty idenHfying them Too long to find content (62%), duplica&ve efforts (52%) Source: AIIM Industry Watch State of the Industry 2016
- 6. Underwri(en by: Major Financial Ins(tu(on Improves Workflow Efficiency by 96% AWer Automa(on § Major Financial Ins(tu(on Improves Workflow Efficiency by 96% AWer Automa(on Objec(ve Benefits Achieved Reduce mortgage loan processing Hme from over 2 hours to under 20 minutes CVISION’s Trapeze reduced loan packet processing Hme to under 5 minutes each. Enable prioriHzaHon of loans with criHcal deadline requirements Trapeze enabled employees to idenHfy high- priority loans to be separated out and processed first. Maintain processing quality with reliable accuracy rates Automated data field extracHon performed with very high accuracy rates. Classify document types accurately Automated document classificaHon excelled with 99.5% accuracy. Automate document assembly in a reliable manner Documents were automaHcally split, merged and reordered with near-perfect accuracy rates. Preserve ease of use within the organizaHon’s exisHng workflow Trapeze integrated seamlessly into the exisHng system for a single, simple workflow.
- 7. Underwri(en by: Invoice Processing § Labor-intensive § Excessive Hme keying in informaHon § Invoices arrive through different channels including fax, mail, and email § Increasing volumes of invoices can overwhelm the accounHng department 58% describe their inbound handling as ad hoc Source: AIIM Industry Watch State of the Industry 2016
- 9. Invoice Processing Success: Calculating Savings Manual Process Automated Solution Employees Required Invoices Processed / Hour 30 100 Accuracy Rate 97% 99%
- 10. How does Automated Invoice Processing Help?
- 11. Underwri(en by: Recommenda(ons § IdenHfy how content is arriving at your door § Electronic and paper § Assess how it can be brought into the process sooner § Capture at first touch point § Automate as much as possible § AutomaHon streamlines the process § Delivers consistency and accuracy
- 14. Underwri(en by: