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ABBYY FlexiCapture Features and Benefits

ABBYY FlexiCapture offers unparalleled functions for extraction and capture of data from scanned and electronic documents including a true out of the box invoice processing solution. FlexiCapture provides advanced features that will never be found in open source OCR products such as Tesseract. Some of the features and benefits of FlexiCapture are as follows.

Automatic Extraction of Data and Classification of Documents

FlexiCapture first classifies incoming documents into the appropriate types determined during configuration, such as invoices, letters, contracts, or purchase orders. From there it automatically extracts the data which can then be used either to populate index fields during the export or to feed accounting or ERP systems with data from the documents.

Innovative, User Controlled Auto-Learning Training System

FlexiCapture includes an innovative system for setting up new documents the first time the system sees them. Using the user-guided training system the user simply points and clicks on the corresponding data fields. After this is done for a small set of documents the next time the system runs this document it treats it like any other and automatically extracts the information. This avoids a time consuming setup process that formerly had to be done by IT professionals. Now this document training can be quickly accomplished by the business units who are experts in the information being extracted from the documents.

Buying a Data Capture or Document Management System on Price Alone Can be Dangerous to the Health of Your Business

White Paper: Data Capture and Document Management Systems – 10 Tips and Information Nuggets That Will Save You Time, Money, and Hair

Tip 1: Buying a Data Capture or Document Management System on Price Alone Can be Dangerous to the Health of Your Business
by Joe Hill 

Today's economy has everyone, consumers and businesses alike, pinching their pennies; only spending when absolutely necessary. Everyone is watching their cash, regardless of the size of the purchase. And technology products are not immune to the economic downturn or purchasing behaviors of consumers or businesses either. But letting today's down economy drive a long term business decision, such as buying a data capture or document management system, could leave you in an unhealthy position when the economy turns around. For example, you may be tempted to purchase a cheaper document management system now that just meets your present needs with your current volumes but doesn't scale well or have advanced features like workflow. In that case we caution 'Buyer beware'. Because in one to two years you may be stuck trying to explain to management and users why your system can't handle the increase in volume or why you can't make the business more efficient because your system doesn't have advanced web enabled capabilities and business process management functionality.

How to Calculate an ROI for a Document Management System

White Paper: Data Capture and Document Management Systems - 10 Tips and Information Nuggets That Will Save You Time, Money, and Hair

How to Calculate an ROI for a Document Management System

By Jim Hill

Most people in the business world know that ROI stands for Return on Investment. In its simplest terms it means "what am I going to get in terms of a return for money that I am about to spend". And every business and person, for that matter, wants to know what they are going to get in return for spending money. But sometimes trying to put together a project's ROI can seem like a daunting task. For that reason, we are providing at the end of this article a simple ROI calculator that you can use. It's as simple as going to our website and obtaining it.