Data entry software enables companies to enter data and information into a computer system, where it can be used to drive a business process or to populate an archive of information. Data entry is common for companies that must handle paper documents and forms, such as invoices, application forms, claim forms, loan documents and so on. Manual data entry usually involves someone reading a document or form – either on paper or scanned and displayed on screen – and then typing the relevant information into a computerized interface that has been designed for data entry. This manual data entry process is time consuming, costly and error prone. For example, the Healthcare Billing and Management Association found that “the frequency of overpayments, rejections and denials [of health insurance claims] often reaches 50%, mainly due to manual data entry errors and the high complexity of claims.” (HBMA Edition, July 2007)
Automated data entry software can avoid the costs, delays and errors of manual data entry through data capture: examining a scanned image of the form or document and extracting the relevant data. The most sophisticated software for data entry (data capture) can automatically classify each kind of form or document, apply different business rules so the right information is captured, and even check the data against other computer systems such as customer databases. Kofax software goes beyond data entry software to automate the transformation of business critical information from paper documents, faxes and electronic formats into process ready information, and to deliver it into business systems, databases, workflows and document archives. Kofax software also works with document scanners to automatically straighten and improve image quality for even the toughest documents, providing dramatically better OCR results and eliminating the need to rescan documents. Learn more about how Kofax goes beyond data entry…
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