[November 02, 2010]

DataServ OCR SaaS Invoice Processing Machine Embraced by Clients

DataServ announces continued high adoption of its Software as a Service (SaaS (News - Alert)) Invoice Processing Machine (IPM) for OCR data capture of client AP invoices.

Unveiled this spring the Invoice Processing Machine^TM (IPM) is OCR Software as a Service (SaaS) enhanced with services for AP invoices designed, built, tested and delivered by DataServ. This proprietary process is an optimized 'machine' that uses semi-structured forms processing technology and makes it easy for DataServ clients to fully realize OCR capture of all their AP invoices.

Using DataServ's IPM for their AP invoices, organizations avoid:

• Purchasing specialized, complicated (and costly) OCR software
• Buying and maintaining expensive scanners and servers
• Paying high-priced consultants to setup and customize an in-house process
• Paying internal staff to scan invoices and enter invoice data
• Time consuming learning curve on all other products
• Modifying OCR templates in the future when vendor invoices change
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Dave Preis, Director of Solution Development at DataServ, comments, "We're excited about the value we've been able to create for our clients with IPM. Our design philosophy was 'faster, better, cheaper' and we delivered on all three."

In the past four months DataServ has seamlessly migrated five clients onto IPM. Because IPM is so efficient at data capture, organizations using DataServ's Invoice Processing Machine benefit from increased data accuracy, lower internal labor hours/costs and the ability to re-appropriate staff to more strategically important tasks in their departments.




About DataServ

Established in 1994 and located in St. Louis, Missouri, USA, DataServ is a global SaaS provider of document and process automation solutions. Serving organizations worldwide they streamline and lower costs within Accounts Payable via their Purchase-to-Pay (P2P) solution, Accounts Receivable with Quote-to-Cash (Q2C) and Human Resources through Hire-to-Retire (H2R) by capturing documents and data and automating business processes.

For more information about a DataServ P2P, Q2C or H2R SaaS solution, visit www.dataserv.us or contact Jeff Mann, Director of Marketing, at 314.842.1155 ext. 2855 or email at [email protected].






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