June 2006
Datacap's First Annual Capture Conference
September 24-26, 2006 at the Historic Tarrytown House
Estate
You are
invited!
Datacap's first annual User Conference is scheduled for
September 24th, 25th and 26th at the historic Tarrytown House
Estate, the former Duke mansion on the Hudson River near our
corporate headquarters. Open to Datacap end users, partners
and resellers, this conference will deliver a full agenda of
ways to get more value out of your Datacap investment.
You'll attain training and tips that will deliver real
efficiencies and savings to your organization. The agenda
includes industry trends, case studies, future data capture
capabilities, partners, vertical and horizontal applications,
and lots of interaction. Key themes of Captivate 2006 will be:
adaptability, distributed capture, web services, forms and
invoice processing. More info, click here
.
Help Us Determine
the Best Sessions For You
Datacap would like
to ensure that our sessions meet your expectations and needs. In
that spirit, we have created a brief survey that helps you
rate our planned sessions, according to your priorities. Please take a minute,
whether you can attend the user conference or not, to take a
quick look and rate the sessions listed. To view the survey, click
here.
Special Offer -
Combine the User Conference and Training
Datacap
Implementation Training - September 27, 28, 29 follows the Capture
Conference in Tarrytown. There will be a special training price for
attendees of both the User Conference and training. Call
Datacap for details. Space is
limited.
Sign Up For New Invoice Survey Report
Special Report Covers OCR and Scanning in Accounts Payable
Datacap, Fujitsu
and IOMA have just completed the first significant survey ever
done on scanning and OCR in the Accounts Payable
industry.
The detailed questionnaire, distributed in May,
covers trends in scanning and OCR implementation, ROIs for
organizations who have adopted these technologies, as well as
the internal obstacles faced by AP managers who are struggling
to get approval for imaging and automation. Analysis of the
survey results is being prepared by Power Decisions Group of
San Francisco. All results will be published in July 2006 in a
Survey Report. Send an e-mail to marketing@datacap.com
to request a
copy.
Respondents weighed in from
a variety of different industries, including Manufacturing, Healthcare, and
Financial Services. Most of the organizations of
all sizes are represented. The median size was
500-1000 employees, though, some Fortune 500 companies
participated.
Preliminary analysis of the survey results indicate a widespread
awareness of the benefits of imaging, OCR and workflow in
Accounts Payable, but also reveals a gap in many organizations
between AP and upper management. A number of survey
respondents reported that they see tremendous efficiency benefits and
even requested project approval for automation, but this is
not a priority of upper management.
* More than 70%
of respondents indicated that less than 9% of their invoices
are electronic (email or EDI)
* Average cost to
process an invoice manually is $24, with a range from .22
cents to $350
* More than 50%
of respondents feel that their current invoice processing
system is inefficient and are not
satisfied
* Only 32% of
respondents scan all their invoices and 36% of those (less
than 12% of all respondents) use data capture or forms
processing solutions
* Less than 20%
outsource invoice scanning and of those, less than 25%
outsource invoice data entry
To obtain a free copy of
the invoice survey report when it's published in July, send an
e-mail to marketing@datacap.com.
Physicians Medical Group Automates Claims Processing With Taskmaster
Cuts
Turnaround Time from Weeks to Hours
Physicians Medical Group of Santa
Cruz County (PMG) is a Third Party Administrator that
processes 250,000 medical claims a year for seven insurance
plans and about 300 health care providers. For years, its
claims department processed claims manually, reviewing and
physically date stamping each claim, before sending them in
bundles to a service bureau. The bureau then scanned the
claims, extracted the data, and uploaded data and images for
PMG to access - a process that routinely took 10 days or more.
In 2005, PMG instituted an imaging system
that included Datacap's Taskmaster for Medical
Claims, KnowledgeLake Imaging, Microsoft SharePoint and a Böwe Bell and
Howell Sidekick 1400 scanner. PMG now scans 1,000 claims per day, which are
fully processed within eight hours of receipt. The entire
scanning process takes only two to three hours per day,
cutting claims processing time, providing faster access to
data, fewer compliance concerns and more satisfied
customers.
Today, when customer service employees need to track down a specific document,
they simply search PMG's secure database for the images, using inputs, such as
claim number, patient ID, physician's name or diagnosis. To read more click
here.
Datacap's "Cycle Faster" Donates $20,000 to LAF
Datacap Donated to the Lance Armstrong
Foundation on Behalf of Winners Bowe Bell + Howell, Stellent and
FileNet
Datacap's groundbreaking "Cycle Faster" Program at the 2006 AIIM
Expo raised almost $20,000 from sponsor donations, pledges and
gifts. The program closed in mid-June, and donations were made in the
names of the three challenge winners: Bowe Bell + Howell for Fastest Male
Cyclist (Ian Goodwin), Stellent for Fastest Female Cyclist (Betsy
Kinkead) and FileNet for Fastest Team.
Thanks again to all our sponsors, including Bowe Bell +
Howell, Stellent, Fujitsu, FileNet, Kodak, Panasonic, ABBYY, Canon, Captaris,
DocuWare, EMC Captiva, Hyland OnBase, Kofax, Oce, Parascript, Snowbound,
Soluziona and AIIM.
To learn more about Cycle Faster and see pictures from the
event, click here.
Tips And Tricks
Using Export Actions
Taskmaster's
rules architecture makes setting up or changing a capture
system easy and fast.
Perhaps the best example is how easy it is to set up or
change Export Formatting using the Rule Manager's simple point
and click interface.
Taskmaster's
Reusable Rules break down the language of programming into a
library of easily-managed code snippets, called Actions. By
stringing Actions together, you create Rules, and using Rules, you
can customize a capture system to do virtually anything you
want.
As an example,
say your organization uses IBM Content Manager to store and
retrieve indexed images.
When you configure Taskmaster, you simply select the
IBM Content Manager Export Actions from the Rule Manager
library and assign it to the release of images and indexes.
With most capture systems, this requires programming and
compiling, which takes time and can get expensive. With Rules,
no programming is required.
But wait. Let's say your
organization merges with another organization that uses
FileNet P8 as its repository and management wants Taskmaster
to populate both IBM Content Manager and FileNet P8. No
problem. You can simply add the Taskmaster P8 release Actions
in such a way that indexed images are released simultaneously
to both systems.
Export Actions
are the building blocks of Reusable Rules, and Rules control
every aspect of the capture process, including data
export. Want to
release captured data into EDI or XML format? Point and click and
assemble the actions and you can set it up in minutes. Want to store images
in JPG or searchable PDF format? Easy. Just change the
rules. For more
on rules, click here.
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