ABBYY Sponsors AIIM Survey: Winning the Paper Wars -- Capture the Content and Mobilize the Process Troops
Poster: SySAdmin
Posted on August 6, 2013 at 7:14:01 AM
ABBYY Sponsors AIIM Survey: Winning the Paper Wars -- Capture the Content and Mobilize the Process Troops
Findings Show 12-Month Spend to Increase Sharply for Mobile Capture, OCR, BPM/Workflow and AP/AR
MILPITAS, Calif., Aug. 6, 2013 /PRNewswire/ -- ABBYY USA, a leading provider of document recognition, data capture, and linguistic technologies and professional services, today announced the results of an AIIM report it sponsored titled "Winning the Paper Wars." The report, which was generated from findings of a survey taken by the AIIM community from May 10 to June 26, found that spending on mobile capture, optical character recognition (OCR), BPM/workflow and accounts payable/accounts receivable technologies is anticipated to increase sharply over the next 12 months.
The survey evaluated the responses of 562 individual AIIM members to track companies' progress in going paper free, adoption of digital mailrooms and mobile capture, as well as show which processes are most effective for paper-free working. The final report measures specific improvement factors that can be used to build a business case for greater investment in the battle against paper and make recommendations on how to move the business forward.
"The creation of data at rates never before seen is causing a significant spike in interest in data capture and OCR technologies over the last couple of years," said Joe Budelli, senior vice president of sales at ABBYY USA. "Our customers are looking to leverage these capabilities throughout their environments and business processes. We believe the market will not only see significant adoption of these technologies in traditional scanner, printer and MFP applications, but span mobile devices of all kinds to enable improved communications and information sharing both from within and outside the firewall."
The departments or areas within organizations that are most likely to be the focus of a capture enablement drive are HR (expenses and employee on-boarding), finance (accounts payable and receivable) and any lines of business that deal with a heavy volume of forms, contracts or logistics documents. As evidenced by the survey, finance has demonstrated the most success with 70 percent of respondents qualifying the ROI as either "excellent" or "good."
Another area of focus in the drive for operational efficiency is the point at which documents enter the organization. According to the survey, 52 percent of organizations have a mail delivery requirement of four hours or less. Many enterprises are implementing a digital mailroom to automatically capture, classify and route documents through the business. Of the respondents whose organizations have a digital mailroom, 60 percent reported mail traceability and compliance improvements as the greatest benefit - followed closely by improved customer service and better quality of data capture into downstream processes.
To download a copy of the report, please go to http://inside.abbyyusa.com/aiim-report-winning-the-paper-wars3?hs_preview=akEXi8tg-239015234.
To learn more about ABBYY solutions and technology platforms please go to: http://www.abbyy.com/solutions/?page=industry
About ABBYY
ABBYY is a leading provider of document recognition, data capture and linguistic technologies and services. Its key products include the ABBYY FineReader line of optical character recognition (OCR) applications, ABBYY FlexiCapture line of data capture solutions, ABBYY Lingvo dictionary software, and development tools. ABBYY Language Services provides comprehensive linguistic solutions to corporate customers. Paper-intensive organizations from all over the world use ABBYY solutions to automate time- and labor-consuming tasks and to streamline business processes. ABBYY products are used in large-scale government projects such as those of Australian Taxation Office, Lithuanian Tax Inspectorate, Ministry of Education of Russia, Ministry of Education of Ukraine, Montgomery County Government of the USA, and Government of Canada. Companies that license ABBYY technologies include BancTec, Canon, EMC/Captiva, Hewlett-Packard, KnowledgeLake, Microsoft, NewSoft, Notable Solutions, Samsung Electronics and more. ABBYY OCR applications are shipped with equipment from the world's top manufacturers such as Epson, Fujitsu, Fuji Xerox, Microtek, Panasonic, Plustek, Ricoh, Toshiba, and Xerox. ABBYY is headquartered in Moscow, Russia, with offices in Germany, the UK, the United States, Canada, Ukraine, Cyprus, Australia, Japan and Taiwan. For more information, visit http://www.abbyy.com.
ABBYY, the ABBYY Logo, FineReader, ABBYY FineReader, FlexiCapture, Lingvo and PDF Transformer are either registered trademarks or trademarks of ABBYY Software Ltd. iPad is a registered trademark or trademark of Apple, Inc. in the USA and other countries. Other product and company names mentioned herein may be trademarks and/or registered trademarks of their respective owners and are hereby recognized.
SOURCE ABBYY USA
ABBYY USA
CONTACT: Raquel Prieto, McGrath/Power Public Relations, (408) 727-0351, raquelprieto@mcgrathpower.com
Web Site: http://www.abbyy.com
Findings Show 12-Month Spend to Increase Sharply for Mobile Capture, OCR, BPM/Workflow and AP/AR
MILPITAS, Calif., Aug. 6, 2013 /PRNewswire/ -- ABBYY USA, a leading provider of document recognition, data capture, and linguistic technologies and professional services, today announced the results of an AIIM report it sponsored titled "Winning the Paper Wars." The report, which was generated from findings of a survey taken by the AIIM community from May 10 to June 26, found that spending on mobile capture, optical character recognition (OCR), BPM/workflow and accounts payable/accounts receivable technologies is anticipated to increase sharply over the next 12 months.
The survey evaluated the responses of 562 individual AIIM members to track companies' progress in going paper free, adoption of digital mailrooms and mobile capture, as well as show which processes are most effective for paper-free working. The final report measures specific improvement factors that can be used to build a business case for greater investment in the battle against paper and make recommendations on how to move the business forward.
"The creation of data at rates never before seen is causing a significant spike in interest in data capture and OCR technologies over the last couple of years," said Joe Budelli, senior vice president of sales at ABBYY USA. "Our customers are looking to leverage these capabilities throughout their environments and business processes. We believe the market will not only see significant adoption of these technologies in traditional scanner, printer and MFP applications, but span mobile devices of all kinds to enable improved communications and information sharing both from within and outside the firewall."
The departments or areas within organizations that are most likely to be the focus of a capture enablement drive are HR (expenses and employee on-boarding), finance (accounts payable and receivable) and any lines of business that deal with a heavy volume of forms, contracts or logistics documents. As evidenced by the survey, finance has demonstrated the most success with 70 percent of respondents qualifying the ROI as either "excellent" or "good."
Another area of focus in the drive for operational efficiency is the point at which documents enter the organization. According to the survey, 52 percent of organizations have a mail delivery requirement of four hours or less. Many enterprises are implementing a digital mailroom to automatically capture, classify and route documents through the business. Of the respondents whose organizations have a digital mailroom, 60 percent reported mail traceability and compliance improvements as the greatest benefit - followed closely by improved customer service and better quality of data capture into downstream processes.
To download a copy of the report, please go to http://inside.abbyyusa.com/aiim-report-winning-the-paper-wars3?hs_preview=akEXi8tg-239015234.
To learn more about ABBYY solutions and technology platforms please go to: http://www.abbyy.com/solutions/?page=industry
About ABBYY
ABBYY is a leading provider of document recognition, data capture and linguistic technologies and services. Its key products include the ABBYY FineReader line of optical character recognition (OCR) applications, ABBYY FlexiCapture line of data capture solutions, ABBYY Lingvo dictionary software, and development tools. ABBYY Language Services provides comprehensive linguistic solutions to corporate customers. Paper-intensive organizations from all over the world use ABBYY solutions to automate time- and labor-consuming tasks and to streamline business processes. ABBYY products are used in large-scale government projects such as those of Australian Taxation Office, Lithuanian Tax Inspectorate, Ministry of Education of Russia, Ministry of Education of Ukraine, Montgomery County Government of the USA, and Government of Canada. Companies that license ABBYY technologies include BancTec, Canon, EMC/Captiva, Hewlett-Packard, KnowledgeLake, Microsoft, NewSoft, Notable Solutions, Samsung Electronics and more. ABBYY OCR applications are shipped with equipment from the world's top manufacturers such as Epson, Fujitsu, Fuji Xerox, Microtek, Panasonic, Plustek, Ricoh, Toshiba, and Xerox. ABBYY is headquartered in Moscow, Russia, with offices in Germany, the UK, the United States, Canada, Ukraine, Cyprus, Australia, Japan and Taiwan. For more information, visit http://www.abbyy.com.
ABBYY, the ABBYY Logo, FineReader, ABBYY FineReader, FlexiCapture, Lingvo and PDF Transformer are either registered trademarks or trademarks of ABBYY Software Ltd. iPad is a registered trademark or trademark of Apple, Inc. in the USA and other countries. Other product and company names mentioned herein may be trademarks and/or registered trademarks of their respective owners and are hereby recognized.
SOURCE ABBYY USA
ABBYY USA
CONTACT: Raquel Prieto, McGrath/Power Public Relations, (408) 727-0351, raquelprieto@mcgrathpower.com
Web Site: http://www.abbyy.com