What are capture and digitize solutions?
Capture and digitize solutions serve as the ingestion points for information as it enters a system. The solutions automate information extraction and transform information into a format for downstream systems, people and processes, leveraging OCR, ICR, validation and other catpure techniques.
Modern capture and digitize solutions support structured and unstructured data capture from content types, such as handwriting, image, audio, IoT sensor data and more, regardless of the source or channel.
Why capture and digitize solutions?
Accessibility of information
Globally, organizations struggle to keep up with the large amount of data produced each day. With capture and digitize solutions organizations can digitize this information, transform it into machine readable formats, and extract its key value for use in systems and processes downstream.
Converting unstructured information
Gathering and processing unstructured data is difficult for organizations. Nearly two thirds1 of companies face challenges converting this information into data that can be understood by machines, preventing insights into much of their data. Data capture solutions and, in particular, AI-augmented capture can resolve this issue.
Expensive manual data entry
Manually processing content costs 63 cents per document2. Capture capabilities, such as AI-augmented capture, automate and standardize classification across applications for greater efficiency and reduced operational costs.
Capturing all content
Nearly one third3 (31 percent) of organizations are only starting to explore advanced capture capabilities, such as multi-channel capture. In order to ingest all relevant content, organizations are turning to solution providers that can enable multi-channel capture strategies.