Capture Solutions Accelerate Document Intensive Manufacturing Processes

The key to success in the manufacturing industry is controlling the incremental cost of every step in the process; from the ordering of materials, warehousing and assembly to sales, distribution and finance. To maintain competitiveness and meet the increasingly demanding requirements of competing in the global economy, manufacturing organizations are acutely aware of the need to automate processes wherever possible.

Key Processes That Benefit From Capture Solutions

Inbound Sales Orders – Sales orders are the lifeblood of a manufacturing company. Automating the sales process by capturing sales order data can speed input of orders, raise accuracy, and make an organization more responsive to customers and deliver goods and services faster, thereby raising customer satisfaction.

Receipt of Goods – The assembly line is fueled by components and raw materials that often arrive in “just in time” fashion. Accurately determining the type and amounts of received goods is critical to efficient operations and use of operating funds. Reviewing and entering data from packing lists and manifests is extremely time consuming component of the Procure To Pay process and the potential for error is high. By automating this process with a Capture solution cycle time is greatly reduced and errors are virtually eliminated.

Inbound Invoices – Performing manual data entry of invoices into accounting systems or ERP systems may be one of the most tedious and time-consuming aspects of the manufacturing industry. An e-payables solution that uses scanning and recognition to match vendors to a Master Vendor File and automatically extract invoice data - including line items - can significantly reduce cost, raise accuracy and help an organization better manage its cash position.

The Value of Capture for Manufacturers