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Novitex Enterprise Solutions announced the launch of a new cloud based end-to-end service solution known as Integrated Document Life Cycle (IDLC). The IDLC business model has been designed to manage physical and digital, inbound and outbound documents throughout the client’s enterprise. The solution will offer a 360-degree view of the document across the enterprise by utilizing multi-channel data capture and access.  

In a release, John Visentin, Executive Chairman and CEO of Novitex said, “The Integrated Document Life Cycle offers a 360-degree view of the document, as it travels in and out of the enterprise, with the goal of identifying innovations that make processes faster, better and smarter. We are accelerating our clients’ ability to transition to digital by investing in a secure, compliance-based cloud infrastructure.”

There are 5 stages in the deployment of IDLC: Multi-channel Receipt, Capture, Data Extraction, Intelligent Data and Production. It aims at helping clients to ensure increase in productivity, compliance, enhance customer satisfaction and reduce overall costs. IDLC will enable clients to identify more intelligent workflow and deeper business insights which result in better, smarter and faster work processes.

Matt Swain, Director of Document Outsourcing Consulting Services, InfoTrends, a market research firm, said, “Regulatory and compliance concerns are becoming primary drivers for document outsourcing. Enterprises are increasingly focused on end-to-end document outsourcing solutions to address the gaps in technology, workflow automation, or the expertise to keep pace with industry regulations. While cost reduction remains an important objective, compliance concerns are now driving these discussions.”

The Novitex team includes highly skilled and experienced six sigma black belts and digital methodology consultants who provide insights and recommendations aimed towards identifying the client’s areas of opportunity such as process improvements and digital enhancements for significant ROI.

Novitex is an industry-leading provider of Document Outsourcing solutions and caters to Fortune 500 companies and government institutions. The company’s services assist its clients in cost savings, reduction in document output costs, enhanced CRM ability, reduction of compliance risk, faster entry into document workflows, increase in accuracy of data capture, as well as a standardized process model.