The new age of data and document capture

The new age of data and document capture

In the past decade, a wealth of organizations have quickly adjusted their strategies to become more digitally driven, while many of the relevant processes have tied into content management and information governance. Considering the value of a well-crafted and accurately executed data management and intelligence strategy, it should not be all that surprising that companies are putting such a massive stake in automation technologies that streamline documentation, reporting, workflows and more. 

Data and document capture were among the first procedures to make the widespread switch to automated procedures, as these tools have been found to expedite processes and reduce strain manual entry would otherwise place on employees and resources. One of the best places to see how an effective data and document capture process works within an expertly crafted reporting and content management strategy is the legal sector. 

Bringing it all together
Corporate Counsel recently explained some of the ways in which data and document capture solutions are being leveraged to not only improve discovery procedures and reporting programs, but also to fuel analytics. Virtually any solution that deals in digitizing documents will be at least somewhat applicable in a reporting analytics program, and considering the heavy weight of content management in the legal industry, capture solutions are important tools for virtually every firm. 

In fact, the source argued that data capture is helping to overcome some of the major challenges regarding accounts payable and receivable management, information accuracy oversight and more. Remember, electronic discovery is at the heart of modern law, and requires all participating entities to oblige a wealth of regulatory compliance requirements, quality control practices and enhanced speed of completion when a project is needed for an immediate litigation proceeding. 

According to Corporate Counsel, the drivers of capture and analytics-related solutions include risk, quality assurance, resolution costs, outcomes and geography, among a wealth of others. 

Applications in other industries
One would be hard-pressed to find a business that is not currently reliant upon strong content management to succeed in virtually every department, meaning data and document capture, reporting analytics, workflow and other automation solutions can be advantageous for a range of industries. By leveraging the support of a proven, reliable managed service provider for automation software deployments and oversight, companies can step into the modern era of intelligence, governance and productivity. 

ACCELERATING Business Processes