Finance & Administration
SEAL for Financial Document Management Automation
Responsible for planning, controlling and auditing the company finances and cashflow, the finance department is a crucial component of any business. Though not always obvious, this department is a core enabler of a company’s growth and development. By implementing digital and automated processes to manage and distribute financial documents, finance managers can free up their staff to focus on strategic initiatives and serve the lines of business with accurate and relevant information.
SOLUTION PROFILE
The finance department of any company, regardless of its size, processes a significant volume of paper documents each month and much of the work involves dealing with documents containing sensitive information, which adds additional complexity to an already challenging role. So, it is essential that the finance team have complete control over the documents they work with every day. The reality though is that while more and more companies are using financial document automation to reduce costs and eliminate errors, many organizations continue to use outdated paper-heavy processes, leaving them behind in this world of digital technologies.
Challenges:
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Solution Overview
Based on SEAL, our next generation content and information governance platform, we have developed process-specific solutions that empower the finance team to protect and maximize the value of their documents by classifying and indexing them for access by any and all that require it. We offer solutions that enable the finance department to digitally manage critical content and business processes associated with financial documents, to help achieve compliance with industry regulations, a significant reduction in cost, and a corresponding increase in operational efficiency.
Value Proposition
Simple and convenient financial documents digitization. Combining OCR with powerful artificial intelligence and machine learning our solution extracts business information from documents and automatically routes it to the right users and systems.
Increased productivity trough automation and digitization of finance business processes:
Increased operational efficiency:
line-of-business applications);
How it looks
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Solution Benefits
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