Posts Tagged ‘automatic data capture’

Automated Document Imaging: A Powerful Office Asset

Thursday, April 26th, 2012

Steve Breault, CEO & Founder, Vircosoft

Efficiency and effectiveness in service delivery and high productivity has been the major concern for many businesses these days. Every effort is put in place to ensure that this is achieved. In respect of this, business leaders have developed several ways in which they can create an effective office operation. Emergence of paperless office environment has been adopted by modern businesses courtesy of advanced technology that is causing change in all areas. This article aims at helping the reader understand how offices are running without the use of papers.

Paperless office environment can be described as the workplace that does not rely on papers in its operations. It may be where the use of papers is avoided or reduced greatly. This is where the use of filing cabinet and other filing facilities is eliminated and replaced with automated documents imaging. All the office information is computerized and is retrieved whenever it is needed. This has brought about numerous merits in terms of efficient delivery of services as well as increasing productivity in an organization.

Automated documents imaging is common in modern office environment. This is where documents are scanned and stored automatically in electronic form. This allows easy retrieval and sharing of the information stored in different offices thus improves the way things are done. There are several advantages that accrue to the adoption of digital offices which are discussed later in this article.

Paperless workplace is economical compared to traditional offices where a lot of money is spent on papers. Once the automated documentation software is installed, all the relevant office information is stored in computers. When the same is needed, it is retrieved and can be updated or shared among individuals within the office. This eliminates the cost incurred in maintaining physical filing system and purchasing filing cabinets. This has been seen as cost reduction measures thus enhancing profitability of the business.

By adopting paperless working environment, the space is highly utilized. This is because the office will need the desk, seat and the computer system. The small office is able to handle volume of tasks with ease. The use of many files, cabinets, printers and papers is reduced if not eliminated totally. This spares a space thus making the office neat and tidy. This has had a positive impact on the productivity of the employees within the organization.

The tradition methods of storing documents may be risky and unsafe. Many cases have been reported where sensitive information is destroyed either by fire or any other disaster. By adopting automated documents imaging, documents are safely stored and protected by use of passwords and effective back up systems. This has greatly improved the level of service delivery in an organization.

Paperless office is eco friendly and enhances the preservation of clean and habitable environment. Proponents of green revolution have backed the campaign for all the businesses to adopt paperless offices.

Total elimination of paperwork may not be realized since there are some of the sectors that demand physical documentation. However, with the current economic hardship that faces businesses, the adoption of paperless office has been viewed as the solution to many challenges encountered before emergence of digital technology.

What Are the Benefits of Document Indexing Software?

Monday, March 19th, 2012

Steve Breault, Vircosoft Founder / CEO

Document indexing is the process of adding tags and marks to documents. These tags and marks are then stored in an index and used when someone wants to search for a document. Document indexing is normally used by engines to help retrieve information from different websites. It helps search engines to be fast in document retrieval. Document indexing can also be used by an organization which wants to optimize its filing system.

An organization which needs document indexing done automatically should use document indexing software for automation of the indexing process. There are many benefits which an organization can get from document indexing. Some of these benefits are discussed in detail below.

Faster retrieval of documents:

When the documents are indexed tags and marks are used to identify them. These tags are normally derived from the content in the documents and/or a short description used to describe the document. When a user searches the document index using a certain keyword the index quickly returns a list of documents with tags same as the searched keyword. Therefore a user can quickly select the document that he/she wants. Unlike document filing which requires a user to search the content of each file individually so as to find what he/she wants. There indexed documents are easily accessible.

Allows easy orientation for new employees:

When your organization recruits new employees you will need to familiarize them with the filing system and other aspects of the organization. With document indexing software the new employees will be quickly shown how to search for files in the organization. If you are using the old filing system for document organization then you need to go through the whole filing system so that the new employees can understand how to find files.

Faster Decision making:

In an organization decision making is normally made by using files which have important information about the organization. If the organization uses document indexing software they can quickly search through and find what need quickly enabling them to make faster decisions.

Increases efficiency and reduces running costs:

In organizations with indexed documents, document access speeds are highly increased. This makes the overall efficiency of the organization to increase especially when the organization deals with a large number of documents. When the efficiency of document retrieval is increased the running costs for document retrieval services is reduced. This is because you can employee fewer employees to do the document retrieval work.

Improved security of documents:

Tags can be used to represent security levels on documents. This can be used to restrict some users from accessing documents with certain tags. This greatly helps the organization to protect its organizational secrets.

Gaining a competitive advantage:

Many organizations do not use document indexing software. This makes their file retrieval system cumbersome. If your organization uses a document indexing and retrieval system you gain a competitive advantage. Better customer service and reduced cost are two examples.

Faster batch processing of documents:

Some documents have similar characteristics thereby they have similar tags. By using document indexing software you can quickly search through your documents and arrange them to be batch processed. Batch processing involves the manipulation of documents with similar characteristic in a queue. This also allows for faster and easy updating of documents.

Does a Paperless Office Really Mean No Paper?

Saturday, March 17th, 2012

Steve Breault, Vircosoft Founder / CEO

There are a lot of misconceptions regarding the term ‘paperless office‘. Many believe that an office or work environment termed paperless will be literally devoid of any form of printed paper. Reality, though is somewhat different!

A paperless office should really be read as a less paper office. This term is more realistic in describing many offices and company’s today. People have been talking about achieving a paperless office since the 1970’s but in reality we are a long way from achieving the dream. Technology has developed at a fast rate and many innovations have reduced the need for everything to be recorded on paper but, as cutting edge as the new equipment is, it will never be able to completely eliminate the need for paper.

Not long ago everything had to be printed and stored in a hard copy. Now massive computer memories and new technology such as I-pads have reduced the need for printouts but many businesses will still eventually print a lot of information that they have stored on hard drives and the like. Despite the advantages in electronic storage many still need a tangible copy to refer to and many will often print out copies, ‘just in case.’

Paper use in business has dropped slightly for the last few years but there has also been an increase in the sales of household printer paper. Many companies will no longer print and forward an invoice, instead choosing to electronically invoice a customer in their attempt to move toward a paperless office only for the consumer to then print out the invoice for their own records.

In reality it will be nigh on impossible to achieve a completely paperless office. Recent studies completed by Hewlett-Packard have highlighted several reasons why paperless offices remain out of reach. Firstly, comprehension of information often results in documents being printed. Many find printed words on paper easier to understand than the same words on a monitor or screen. Secondly there will always be some ‘unenlightened’ staff members who refrain from using new technology to the height of its ability, again leading to more paper cluttering the office or workspace. Lastly, and on the same note, tradition will always hinder new beliefs. Many companies and businesses still feel better communicating with customers by using a traditional letter. Of course a copy of this letter needs to be kept and this is often achieved with a paper printed copy.

As more and more offices begin to see how using less paper may lead to reduced costs we will begin to see ‘less paper’ offices but it will be a long time before we see the two thousand year use of paper completely eliminated. Future generations who are more au fait with the use of electronic devices will grasp the benefits of hard drive mass storage but until the majority of people are enlightened offices will never be totally free of paper.

The move towards paperless offices is commendable but has yet to be achieved. Less paper offices are now the norm but it would be wrong to imagine a paperless office as a reality for now. In the near future, who knows?

The Paperless Office Reduces Operational Cost

Saturday, February 4th, 2012

Steve Breault, CEO & Founder, Vircosoft

Paperless office, as the name suggests, is just that, an office where no paper is used to store and communicate information and data. However, many offices are yet to achieve a complete 100% paperless environment. In fact, even after the arrival of computers and document management applications, the uses of papers has only increased and not decreased. There are various reasons behind it. The first is that most people still trust the paper more than the digital documents. Many have grown up with the paper documents and it is difficult for them to switch to computers that also requires going through some learning curve. However, the advantages of going paperless are too many to ignore.

Put simply, a paperless office environment is achieved in three ways. The first is to digitize existing paper documents by using document imaging and conversion options. The second step is to switch to using digital documents. It requires asking customers, clients, suppliers, resellers and employees to send, use and receive information and data only in digital format. The third option is to start using only the digital documents. It involves minimizing conversion of digital documents into paper documents. These three options are the basic and most effective methods to make an office achieve its goal of going paperless.

When it comes to the idea of a paperless office, many people only think of the advantage of an office that is clutter free. While that is a big advantage, there are other important benefits as well. A big advantage is that the business process speeds up and becomes more efficient and cost-effective. Documents can be stored and retrieved as and when needed. For example, a customer may enter the office and the deal may require fetching a document. Now, if the document has been kept in paper format then some time would be spent in searching the required document and fetching it from the storeroom. However, if the document was kept in digital format then it can be retrieved and viewed immediately with a few simple clicks. It is obvious, which option would be preferred and admired most by the customer.

Many business owners think that going paperless is expensive and risky. They think the job would involve hiring additional employees, hardware and software. They also believe that important documents must be kept on paper because documents stored in servers may get deleted. However, all these concerns are unfounded. It is especially clear from the success of companies that have gone paperless and in the process saved lots of money.

The fact is, in a paperless office, there is less need of employees and hardware. Documents can be stored, retrieved, edited and duplicated easily. A big advantage with the digital documents is that these documents can be sent and received immediately through the networked computers or Internet. The documents instantly become available to everyone across different locations and regions.

Documents are safer and more secure in a paperless office. The only thing is that each document must be backed up when it is received and after every instance of editing. This can be achieved easily by setting up a standard procedure for every employee. Initially, the cost of document imaging and document management software may seem expensive; however, when considered in the long term, digital documents are very cost-effective compared to the paper documents.

How to Develop a Document Management Plan for Your Business

Saturday, February 4th, 2012

Management of documents is a big and complex subject that needs careful consideration. It is an expensive proposition so everything must be planned carefully before implementing any software or process. There are two types of document management systems. The first involves storage and management of paper documents, while the other system refers to the digitization of the paper documents. Nowadays most companies prefer the electronic document management system because of various advantages associated with it. Under this system, details of the documents can be captured, processed and stored using a combination of hardware and software.

There are two ways to do this. The first is to keep the scanned copies of the original documents. The second is to convert the text matters printed on the papers into digital format. This not only makes it easy to retrieve the required information quickly but the data collected takes up minimum space on the servers. Images have to be scanned into image format and take up large server space. When the data present in the documents is converted into digital format, it becomes easier to retrieve, process and use the information and records. The required number of documents can be retrieved quickly as and when needed. This is simply not possible with paper documents that take up lots of space.

A company that relies on paper documents has to hire employees to handle the whole setup. The manual setup proves an inefficient method. It is difficult to store, process and retrieve documents. This problem simply does not exist when electronic document management system is used. Business owners interested in implementing document management system have to consider several things. The first is to be sure about the requirements. Different types of documents, such as invoices, bills, contracts and other documents are generated during the course of the business. These documents relate to sales, account, buying and selling. The document digitization goal must clearly identify how the documents must be stored. One should be sure about the techniques and processes that would be used to convert documents into digital format.

Developing an effective plan for document management is the most important thing. If documents are stored incorrectly under the wrong headings then it creates a big problem for the future. It is important to use document management software that is reliable, secure, and upgradable with all the required features. The business owner needs to be careful of using an application program that requires regular annual payment. The applications should be able to validate and upgrade over the Internet. It ensures that only the latest version of the software is used.

An important part is to plan the budget for the whole setup and process. In some cases, it may require hiring additional employees or temporary workers. They are needed to convert the paper documents into digital format. Initially, workers are needed if there are lots of documents that require scanning and handling. The document management setup is an integrated system that involves a combination of hardware, software, techniques and processes. Correct implementation of document management system speeds up the business process and makes the company more effective, efficient and economical. It becomes easier to authenticate, index and retrieve the required information with a few clicks.

Is Document Management Software Important?

Monday, October 17th, 2011

Steve Breault, Vircosoft Founder / CEO

Documents are a critical component of running a business. Keeping business documents helps in ensuring the survival of every business. While every business owner knows this, too often, because of the sheer volume, mission critical documents are left unsecured or simply placed in a file cabinet.  In fact, many businesses put a higher priority on managing their office supplies than they do their business documents. There is a simple, low-cost, easy to use solution in the form of document management software.  Digital business document management software is what you need.

How business document management software will support the growth of your business: An efficient business document management solution will help you turn your paper files into electronic documents, index the files, store them and help you to retrieve instantly. Imagine never losing or misplacing a document ever again?  A business document management system will help you monitor the progress of your business even when you are offsite or on a business trip by having real time access to every document.

It will assist you to prepare your business financial statements accurately and in record time, it will help you to keep track of your business receipts from anywhere and at any time and identify the sources of every receipt. When you need to prepare your business tax returns, this electronic document management software will assist you to track every document needed to file your tax returns accordingly, it will also help you to keep track on your customer database and information when you need them as well as keep track of vital business contractual documents.

The software will also ensure maximum security of your business information from all unauthorized persons and you could restrict some parts of your documents from being accessed by unauthorized persons even among your employees while enabling you to be efficient in attending to your customers at a speed that is not attainable with the use of paper document and the file cabinets, hence, helping you to improve your customer relationships and satisfaction and enabling your employees to be more efficient and productive- which are really the basic elements a business needs to grow.

Document management solution will help you to run your business automatically and cope with multitasking situations: Once incorporated into a business setup, document management system aids a business to run automatically and then you will able to cope with multitasking business requirements without the need to waste time, energy and money  in tracing any business document again. Your company should be able to focus more on the core aspect of your business which will improve productivity and your business profits.

Does Document Management Software Reduce Business Expenses?

Thursday, September 29th, 2011

Steve Breault, Vircosoft Founder / CEO

In today’s tough economic situation, the focus of many businesses is on cutting costs, eliminating waste and making a business operate more efficiently in order to improve on its bottom line. Companies usually have clear objectives for achieving these goals and lots of strategies are often deployed but the practical steps for achieving these goals are not always obvious. One of the important areas business managers should focus attention on when it comes to cutting costs and making a business run efficiently is the proper management of paper based business documents by deploying digital business document management software.

A research report reveals that an average office staff spends half an hour searching for lost or misfiled business documents each day which amounts to a whopping 130 hours every year while management staff spends one hour every week looking for the same sets of misfiled or lost documents. Put together, a staggering but wasted 182 hours in overhead costs each year goes for searching documents at a time when technology helps businesses runs efficiently. Every man hour spent on the job searching for lost or misfiled documents takes away from your business rather than add to its profit. Here are some ways document management software helps businesses cuts the costs of doing business drastically and improves business profits:

Business document management solution prevents lost man hours, cost of replacing lost document, saves cost of warehousing paper documents, eliminates paper related costs like printing and photocopy and makes efficient use of your office staff: Digital document management software that scans your paper files and stores them electronically in the form that makes accessibility easy and quick at any time and from any location adds to the profits of your business in many ways. This software which is bundled with a capture and indexing solution system will ultimately save your business money in many ways like saving you the cost of warehousing heaps of paper documents and removes the cost of printing and making photocopy of documents and even the cost of hiring messenger and courier services for distributing business documents.  If you’re looking to auto-file documents then you will need an auto-capture solution bundled with your document management software to perform that task and eliminate man hour needed to file documents manually.

Once it is deployed, this electronic filing solution will help your staff work efficiently without the need to waste time searching for any document and you don’t even have to worry about losing any document. So, there is no need paying for wasted man-hour since every man-hour contributes to the growth of your business and profit maximization. You do not also need to bear overtime costs with clerical staff once your business operation becomes automated.

Document management software will help you improve invoice processing, enhance payment of bills promptly and gain discounts for early payments, eliminate cost of using courier services for mailing documents to customers, improve customer service and hence gain customer satisfaction: Business document management software helps a business to improve its cash flow, avoid duplicate payments, gain access to customer information in record time and answers customer questions or inquiries promptly.

 

Does Document Management Software File Documents?

Thursday, September 29th, 2011

Steve Breault, Vircosoft Founder / CEO

Every business must deal with boatloads of paper and digital documents. Managing these documents can very challenging. The advent of electronic document management software, filing paper documents digitally couldn’t be much easier, time saving, and cost saving. Think of the space, time and labor costs you will save it you shift away from dealing with bulky paper documents and the file cabinets which could often results into sorting through heaps of papers while searching for a particular paper file.  If you had a choice of having all of your documents digitized and stored on your computer so you could search for any document within seconds at any location by clicking the mouse, wouldn’t it be better for your business?

That business document management software file documents electronically and helps you locate any document you need right away is not in doubt. Besides electronic filing of documents, business document management solution will perform the following functions for you:

1. It is a document auto-capture device- Document management solution is the document auto-capture solution you need. From scanning to image conversions and text recognition, digital document management application will convert your paper documents into digital information thereby improving its accessibility when you have to distribute your business information among many people.

2. Business document management software stores your scanned document online and makes your data portable- This software works to store your documents online away from the effects of disasters or physical theft of whatever form. You can therefore work from anywhere or any location and gain access to your documents anytime you wish to and share any document with any authorized worker as you like which is cost saving and also eliminate worry as you do not have to go about carrying loads of documents with you on any business trip as all your documents will be kept online ready for your easy access anytime and anywhere.

3. This digital document filing system guarantees maximum security of your business documents- This software is incorporated with the most incredible security features that protects your business documents from being accessed by unauthorized persons even with whatever tricks they may have. Besides, your documents are protected from the negative effects of computer breakdown or power outages as well as server crashes or any other forms of data loss associated with the storage of information using the internet. If you like, business document management software allows you to use password to protect your entire files and a part of it if you want and thereby restricting access of unauthorized persons to any part of your online documents which you want kept from away from others.

This software is loaded with many other features and functionality for the benefits of your business besides the primary function of electronic filing and easy access to your business documents already stored online and therefore allowing you and your employees to work without the limitations commonly associated with the use of paper documents and the file cabinets.

 

 

Digital Document Management Software is a Business Benefit

Monday, September 12th, 2011

Steve Breault, Vircosoft Founder / CEO

Every business owner who has incorporated document management software in the setup of the operations of their companies is talking of the great benefits of digitizing paper documents. Digitizing your existing and incoming paper documents is the role of efficient document management software.  The software will perform this task by using capture and indexing tools and it is a performance enhancer when incorporated into the network processes of a business and it can be used to improve efficiencies of your business and also cut overhead to the barest minimum.

What document management software will help you achieve: Digital business document management solution is a computer based software application that allows you to create a document or scan an existing document, store, edit, and retrieve it when you need to do so within seconds. The application will also assist you to share your business documents within each department and among various departments of your company. If you need to email, fax or print any document, the software will help you achieve all that and much more.  In fact, you can manage your scanned paper documents and the electronic documents from any location outside your business premises with full security in order to prevent any unauthorized access to your business information once this enabling software has been installed to work with your business applications.

You no longer need to worry about being overwhelmed with the sheer volume or accumulated number of paper documents you and your employees have to handle in the course of running your business once the operation of your company has been made paperless with the business document management software.

Benefits of deploying business document management software in your business setup: Any efforts made at making an office paperless gives many benefits of which the followings are notable.

  1. Improved work efficiency of employees. Business document management application allows many users to access any given document already scanned or electronically stored simultaneously thereby resulting in getting work done faster. The effect of work efficiency translates to customer satisfaction as customers will see your company as being client focused and an efficient company a customer would want to do business with particularly where documents needs to be emailed to clients.
  2. A savings in time and costs. Companies are known for dealing with much information and where you have your documents already well organized by folders, tags and types of documents with the use of digital document software, time wasting is eliminated because a quick search attempts will locate the needed document within seconds.  Besides the cost savings in terms of cutting overhead expenses since you do not need to employ people who would be there to help you file and search for paper documents from file cabinets, most document management applications offer you a one off expenses particularly if the system you choose is a desktop application which you only need to buy once and then use it as long as you wish to continue using it.
  3. A good recovery in time of disaster. With the advent of cloud technology, business document management software work to store your scanned paper documents in the cloud away from the effects of any type of disaster and hence make running your business stress and worry free when it comes to preserving your business documents from disasters.

Document Management Software is the BUZZ

Saturday, August 20th, 2011

Steve Breault, Vircosoft Founder / CEO

There is a great deal of buzz about implementing a paperless office just like there is a great deal of buzz about improving our environment. Every business owner is talking about the immense benefit of incorporating electronic business document management software into a business.

The news about business document management software is really the buzz. The cost of purchasing this software has become affordable for the small and mid-sized businesses now, so it has now become the boardroom event. Think of it, we all know the importance of conserving our ecosystem and making our activities eco-friendly and this shouldn’t be just in our homes but also in our offices. Document management software helps you to achieve making operating your office eco-friendly and just as eco-friendliness is a buzz, business document management has also become a buzz; and that is what it is in reality.

Benefits of running a paperless office: When you incorporate business document management software in your business operations totally, you make the office paperless and the benefits are many. In line with eco-friendly principles, your business will not be using many papers for its operations and then your company will not be contributing much to the environmental issues which means fewer trees will be used to make paper and more oxygen will be available for our survival. Thousands of animals will therefore be able to keep their homes since deforestation will not be much of an issue. The benefit also encompasses less overhead costs and more employee efficiency or productivity on the job which means more profits will be generated for your business.

The digital document filing software will also help you to store and search for all your business documents in record time without needing the paper versions of the documents in order to find the information that you are looking for or cause any environmental impacts which could really be significant.

Document management software is more affordable and more simplified: With the advent of advanced computer technology, there is less need for paper documents and the file cabinet more than ever and because the cost has become affordable for small and medium based companies, there is a change that is really working to revolutionize the workplace. Electronic business document management system has also been simplified and made easy for all categories of people to use with little learning curve and it has also been made adaptable to all kinds of computer operating systems.

Why a larger number of businesses should go paperless in their offices: Global warming is bound to be eliminated if a greater number of businesses adopt document management software in order for them to become completely paperless. Paper and ink have been noted by experts as one of the greatest causes of global warming. Trees used for producing papers are not often replaced or handled ethically by many paper manufacturers. Also, fumes from the use of ink causes significant damage to our eco-system on the long run when it accumulates.

All of these stated facts have made environmentalists and concerned business owners to talk more of the importance of business document management solution just the way they consider the importance of being eco-friendly.