Transcript FormStormInvoiceProcessingwebinarpresentation

Some of Our Customers Worldwide
Page 1, February 2008
Form Processing that Works™
www.charactell.com
FormStorm Enterprise
The Invoice Processing Dilemma
Sheri Pilgrim, Paz Kahana
Notice! New Call Information:
Phone Number: 605-772-3434;
Access Code: 183-086-055
Page 2, February 2008
Form Processing that Works™
www.charactell.com
FormStorm InvoicesEX
including BillForm
Traditional Form Processing
The Challenge of Invoice Processing
Demonstration
Summary and Q&A’s
Page 3, February 2008
Form Processing that Works™
www.charactell.com
FormStorm InvoicesEX
including BillForm
Traditional Form Processing
Page 4, February 2008
Form Processing that Works™
www.charactell.com
Traditional Form Processing
Paper
Template
Data
$,1,569128312
$,2,601231485
$,3,2056130
$,4,58501
$,5,2114631
$,6,5819234
$,7,5925809
Page 5, February 2008
Form Processing that Works™
www.charactell.com
Traditional Form Processing
 Data from fields to database
 Fixed form structure
 Prior form knowledge
 Limited form library
 Form cleanliness
 Template setup needed
 But processing is faster
Page 6, February 2008
Form Processing that Works™
www.charactell.com
Key Steps in Workflow
1
Documents
Forms
2
Scan
Document Scan
Application
3
OCR/ICR
Recognition S/W
Forms received, sorted, and prepared for scanning
Forms scanned using a high speed scanner
Images transferred to FormStorm for processing
4
Verify
Data Repair and
Corrections
Data is verified and corrected in FormStorm
5
Export
Format and Export
to Host
Page 7, February 2008
Verified data is exported and uploaded to mainframe
Form Processing that Works™
www.charactell.com
FormStorm InvoicesEX
including BillForm
The Challenge of
Invoice Processing
Page 8, February 2008
Form Processing that Works™
www.charactell.com
Invoices - Same Data; Different Scope, Forms
Page 9, February 2008
Form Processing that Works™
www.charactell.com
Invoices Trade-Off
Templates: faster, accurate
Templates: too many, unknown, impractical
Page 10, February 2008
Form Processing that Works™
www.charactell.com
The General Invoices Approach
Unknown invoice variations
Too many vendors, possible layouts
Creating templates (setup) not feasible
Our solution:
80-20 – Only most common for template
First, Template – Template is tried first
Second, General - General invoice next
Third, Click – Exceptions via fast clicking
Balance between automated and practical
Page 11, February 2008
Form Processing that Works™
www.charactell.com
General Invoice Parameters
Language definition
Invoice
Rechnung
Factura
‫חשבון‬
General invoice fields
Invoice number
Invoice date
Invoice total
Purchase order #
Vendor name
Table item fields
Item description
Item quantity
Item price
Item amount
Page 12, February 2008
Form Processing that Works™
www.charactell.com
FormStorm InvoicesEX
including BillForm
Demonstration
Page 13, February 2008
Form Processing that Works™
www.charactell.com
FormStorm InvoicesEX
including BillForm
Summary and Q&A’s
Page 14, February 2008
Form Processing that Works™
www.charactell.com
Next
CharacTell Invoice Processing technology is widely installed & used
Evaluation software available: www.charactell.com/FormStormDownload.html
Support: [email protected], live site chat (when available)
Other questions and requests:
North America contact:
Sheri Pilgrim
[email protected]
770-965-0464
Page 15, February 2008
ROW contact:
Amos Attar
[email protected]
Form Processing that Works™
www.charactell.com
Thank You for Your Interest and Time!
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Page 16, February 2008
Form Processing that Works™
www.charactell.com