Brainware to Host Exclusive On-Line Seminar With The Hackett Group
‘Intelligent Data Capture Solutions: New Benefits and Strategies for Invoice Automation’
PR Newswire — August 2, 2010
ASHBURN, Va., Aug. 2 /PRNewswire/ — Brainware, Inc., the leading provider ofintelligent data capture and enterprise search solutions, will hosta webinaron August 5, 2010 featuringKurt Albertson of The Hackett Group who will discuss how Intelligent Data Capture (IDC) solutions can automate accounts payable operations in ways that were never possible with traditional OCR.
According to The Hackett Group, organizations that automate invoice processing spend less than one third to support the accounts payable process and Intelligent Data Capture solutions are one of the strategies that help drive such efficiency improvements. While the term Intelligent Data Capture is relatively new, these solutions are the next evolution of Optical Character Recognition which has been around for many years. As its name implies, Intelligent Data Capture solutions go beyond simply translating images into text. These solutions leverage intelligence, system integration, and enhanced functionality to drive greater recognition rates, auto-population of data fields, account coding, and validation of invoice information, all resulting in efficiency improvements well beyond what could be achieved through optical character recognition alone. Intelligent Data Capture solutions are also applicable in driving efficiencies across other document-driven back office processes beyond accounts payable.
Join Kurt Albertson of The Hackett Group and Charles Kaplan, Vice President of Marketing for Brainware, to learn more about the benefits and strategies related to invoice automation and how Intelligent Data Capture solutions go beyond traditional optical character recognition technology to deliver transformational results in A/P. The event is open for registration at www.brainware.com.
The Hackett Group (Nasdaq: HCKT), a global advisory firm, is a leader in best practice advisory, benchmarking, and transformation consulting services including strategy and operations, working capital management, and globalization advice. Using best practices and implementation insights from more than 4,000 benchmarking engagements, executives use The Hackett Group’s empirically-based approach to quickly define and implement initiatives to enable world-class performance.
About Brainware, Inc.
Brainware, Inc. is an innovative provider of intelligent data capture and enterprise search solutions that help Global 2000 companies eliminate costly manual data entry, rapidly process large volumes of documents and retrieve data from across the enterprise. Its solutions were built from the ground up to manage unstructured data without templates, exact definitions, taxonomies or indexing. Headquartered in Ashburn, Virginia, Brainware maintains global sales and support operations through its North American, U.K. and European offices. Brainware customers include Airbus, Alcon, Alltel, Amgen, Anadarko, BB&T, , British American Tobacco, Continental Airlines, CORT, Gardner Denver, Halliburton, Her Majesty’s Prison Service, Johns Manville, JohnsonDiversey, Kimberly-Clark, KPMG, NHS/Steria, Newell Rubbermaid, Phillip Morris International Service Center Europe, Reynolds & Reynolds, Rockwell Automation, Shell, Southern Company, Sun Chemical, The Bank of New York Mellon/SourceNet, TriZetto, and many others. For more information, please visit www.brainware.com.
SOURCE Brainware, Inc.
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Company Codes: NASDAQ-NMS:HCKT