In a world where real-time data access, business intelligence, security, and efficiency are critical to success, many companies realize that valuable data is trapped in their documents. These files may be paper, E-mail, or standard electronic office files, and the data in these files must be read, tracked, routed, processed, and reported manually. In fact, more than 80 percent of the information is trapped in unstructured content. This means that only 20% of the data is structured and can be easily searched and retrieved from a relational database.
Document capture technology is nothing new, but the industry has come up with innovative tools and capabilities that allow companies to do more than scan documents. Technology now enables enterprises to categorize, learn from, and extract meaning from their documents. Through automation, we can leverage and organize all data, both structured and unstructured.
Advanced document capture technologies are not only critical to improving efficiency and reducing operational costs, but also lead to better business processes through classification and data extraction.