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“Amidst the continuously growing data flow, it is important for PwC to always keep its finger on the pulse, and process available information in a most efficient way. During an audit - every detail matters, every document, and every number therein contained. This opportunity to automate and enhance the accuracy of primary documents handling through ABBYY technologies enabled our team to complete routine tasks much easier and quicker, and, what is most important, to focus on moretop-priority and complex business processes and client communication.” — Sergey Shaleniy, PwC Regional Printing and Digitalization Service Leader How to Speed up Document Processing Auditing requires processing large troves of supporting documents and verifying that their content correctly correlates with the information in the PwC customer’s accounting system. Previously, PwC employees manually keyed in data from source financial documents into systems. This required them to analyze every document for vital information, and hand-key these data fields into the registry. To increase the processing efficiency of primary financial documents and to automatically transfer data into working documents, PwC management decided to implement ABBYY® FlexiCapture® intelligent solution for automated data capture and document processing. It enables much faster data transfer from contracts, invoices, payment orders, and other types of structured and unstructured documents, increasing the overall efficiency of document-driven business processes across an enterprise. How It Works When a PwC employee uploads batches of scanned documents to ABBYY server, ABBYY FlexiCapture automatically: 1. enhances document images and identifies document types 2. identifies which of these documents are to be processed (OCRed), and extracts only required data (according to the user-defined rules) 3. transfers the extracted information into a master spreadsheet. Thus, the employee obtains the information needed for auditing and supporting records in a quick and convenient manner. Document Processing Is Easier and Faster In one of the pilot projects at the early implementation stage with PwC, FlexiCapture extracted data from more than 1,000 primary financial documents and verified it against post-transaction data in the PwC client’s accounting system. In addition, dynamic templates for identifying and extracting data from consignment notes and payment orders were developed and tested. The processing speed varies depending on the type of document, its complexity and the quality of a scanned copy. With the ABBYY FlexiCapture solution, the PwC auditors invest their time more efficiently and perform high-priority tasks, while significantly enhancing data entry from clients’ source documents into the registry. Now the PwC specialists spend more time with their clients as they increase customer satisfaction, instead of wasting time inputting data by hand.
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Challenge • Make payment of bills more convenient and faster for business customers • Increase customer loyalty Solution ABBYY Mobile Imaging SDK and ABBYY Mobile OCR Engine developer toolkits with advanced optical text recognition technologies. Results • Reduced time on payment order creation • Decreased errors during data entry Today the Bank serves more than 1 million businesses and more than 35% of them are small and medium-sized companies. The mobile application for the self-service Sberbank Business Online (SBO) web portal has about 90,000 active users. The bank’s corporate customers often receive bills in paper form. Manually transferring data from bills into the mobile app or the remote banking website is both long and labor intensive. So Sberbank decided to automate this process. “One of the important technological trends today in the financial sector is mobile banking. The main advantage of such solutions is that a client spends a minimum of time on routine tasks, which means they are satisfied working with the bank and return for new services. We will continue to develop this mobile channel of Sberbank Business Online website to ensure the maximum convenience of use, by taking into account specific needs of business owners.” - Mikhail Malakhov, Director of Remote Service ChannelsDevelopment at Sberbank Recognition in a smartphone ABBYY Mobile Imaging SDK and ABBYY Mobile OCR Engine were chosen as the main tools for automating the creation of new payment orders. These developer tools enable the implementation of powerful algorithms for image processing and text recognition into mobile devices, combining high performance with low-level device resource utilization. ABBYY technologies allow the device to determine the quality of images — and can even improve it — before proceeding to recognize the text and extract the necessary data from snapshots. Making payments by photo In the mobile SBO app, a business person takes a picture of a bill, and the payment order is generated automatically. The only thing left is to verify the correctness of the data. This feature is available in the full version of the bank’s application for iPhone and Android, which helps entrepreneurs and accountants save considerable time while working with bills. The entire process takes place directly in the application, without connecting to the internet. Such an algorithm prevents overloading the server capacity of Sberbank, which is especially important for over 1 million corporate clients who process their bills monthly. Only registered users can leverage all the features of the SBO bill recognition mobile app. In demo mode, data recognition capabilities are not fully available
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The ROI4CIO Deployment Catalog is a database of software, hardware, and IT service implementations. Find implementations by vendor, supplier, user, business tasks, problems, status, filter by the presence of ROI and reference.