Does your work seem to revolve around documents? Specialized documents and forms are the lifeblood of certain finance functions, especially for those in the business accounting industry. Client financial data that your accounting professionals deal with are all recorded on different documents that need to be carefully organized and secured.
Handling a high volume of documents takes time and attention away from the critical tasks like working with clients, planning new financial strategies, or implementing the best cost-saving methods for your accounts. Documents are central to your business, however, they don’t need to be your singular focus.
Document management exists to stop you from having to put more focus on your documents than necessary.
Automation to the Rescue
Every document produced by your organization adds a certain amount of time to your workday from storing, processing, and securing them. Instead of dedicating a large portion of your day to dealing with this document work, you can rely on intelligent software that simplifies your document processes and becomes your business partner. Adding automation tools that handle several of these processes will save you more time than you realize. Revver can handle this and more.Automated Data Extraction
Every form submitted by your client contains important data points that are essential to you and your team. Whether you’re streamlining payroll, tax filings, or anything else, your clients depend on you to extract data accurately and quickly. When done manually, data extraction might be quick or accurate—never both.Download Guide: Prevent Mistakes and Setbacks With Accounting AutomationAutomated data extraction is possible thanks to optical character recognition (OCR) and automation rules that you create for certain document types. Zonal OCR is a component of Revver that allows you to upload a document while the system recognizes and extracts pertinent data. This automated data extraction allows the system to read the text on selected fields of the document to turn it into usable data for automated workflows and other processes.
