BUILD YOUR STRATEGY WITH ICG
Document & Data Capture
Efficient
Uses tools like AI-Assisted OCR to capture data and save your organization time and money.
Consultative
ICG works with your specific organization’s needs to create a data capture strategy that works for you.
Accurate
Ensures extracted data is accurate, and that the desired information is extracted from the invoice.
Comprehensive
Captures all types of data from many sources including email, electronic portal, inbound EDI, etc..
Document and Data Capture Upload Options
Your Data Capture Strategy Matters
Capturing Data Accurately
Capturing data accurately involves ensuring that the data collected is free from errors, omissions, or inconsistencies. Accurate data capture aims to minimize mistakes during the data collection process, such as typos, misinterpretations, or technical issues.
Capturing the Right Data
Capturing the right data goes beyond accuracy and focuses on collecting the most relevant and valuable information for a specific purpose or problem. It’s about selecting the appropriate data points, variables, and metrics that will address the specific objectives.
Functionality
Upload Documents
Upload documents in various forms including scan, Portal, email, or inbound EDI.
Automated Data Capture (AI Intervention)
ICG’s automated data capture system utilizes OCR, AI, and ML (also known as Intelligent Document Processing or IDP) to extract information from invoices and other documents, making data entry less manual.
Document Assembly
Segregate documents within a file into separate records for workflow purposes.
Understanding the Content
It is critical that the first step to document capture be a thorough examination of the target documents, process, and expected results.
Invoice Import
Quickly and efficiently identifies incoming documents, separates them into groups and routes them to the the appropriate process.
Data Validation and Duplicate Detection
ICG’s OCR process validates purchase orders by comparing them to invoice lines. This is a highly visible process, increasing accountability and decreasing the time to invoice resolution.
Automatic GL Coding
Use predetermined rules and/or AI to automatically assign the correct GL code.
Why ICG for Document & Data Capture?
Standard Benefits
AI
ICG uses AI in many different ways to assist in the capture of your data, including OCR, ML, and more. This combination enables low-maintenance, continuous learning for your organization and helps the OCR “understand” documents in a human-like way, without relying on templates.
Security
ICG partners with Sysdig and AWS to ensure all of your document information is protected.
ERP Integration
Interface or integrate your Vendor Portal with your ERP and other relevant systems.
Invoice Formats Supported
ICG’s document and data capture solutions support many different upload methods:
- Scan – data entry or OCR
- Email attachment – data entry or OCR
- Inbound EDI
- E-Invoicing or portals
“Since implementing OCR, our AP team has gained back over two hours per person, every day. It’s been a game-changer for efficiency and productivity.”
Relevant Blog Posts
The Best Data Capture Strategy
Having a well-rounded data capture strategy is essential for businesses to thrive. But simply capturing data isn't enough. To truly leverage its potential, data must be assembled effectively and imported into your systems for analysis. The best methods for data...
See ICG's solutions in action
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