Repetitive manual data entry processes impact workers, you can easily eliminate the need of monotonous data entry requirements and effectively engage your employees in more productive tasks.
Use Cases of Data Entry Automation
1. Handling Legal Documents
Any big law firm deals with tons of data every day. Legal and compliance documentation is vast and extensive, and record-keeping in such setups is of prime importance. Data entry automation involving strategic data parsing, data review, and moving of files has transformed legal ecosystems greatly.
Further, lawyers need citations and references to give subjective arguments in court. However, searching through old records and books for even a single reference is among the most tiring jobs. With data entry automation complemented by data parsing, all records are digitized and searchable, helping lawyers find relevant segments within minutes.
2. Invoice Processing Automation
Accounts payable automation is one of the biggest benefits of data entry automation. Earlier, data stored in invoices had to be manually entered and correlated with internal records before processing payments. Like any other manual process, this required a lot of time and was subject to too many errors.
With automation, as soon as invoices arrive, smart OCR applications convert them into computer-usable forms. Subsequently, data entry software places them in the required fields and correlates them adequately. This streamlines the invoice processing workflow and reduces the need for human intervention.
3. Financial Document Automation at Banks
Banks receive applications and forms loaded with data for account opening, loan requests, payment processing, etc. Data from these forms needs to be updated on the bank’s portal first before the process can be initiated. Naturally, an employee entering data manually will require a lot of time, considering the footfall at the bank.
With data entry automation, this entire roadblock gets removed. Information in forms, applications, etc., is digitized in seconds, allowing operators to focus on physical document verification before completing the request within minutes.
Data Entry Automation with KlearStack
KlearStack is a leading provider of data entry automation solutions that helps businesses streamline document-centric Business Processes. KlearStack offers a state-of-the-art OCR solution enriched with Artificial Intelligence and Machine learning capabilities to extract data from various sources, including paper documents, emails, and digital documents like pdfs, images etc. Our AI-driven OCR software not only scans and digitizes text in bank applications, legal documents, invoices, bills, receipts etc. but also ensures that the results are always error-free.
KlearStack’s data entry automation software provides businesses with several benefits, including improved efficiency, increased accuracy, and cost savings. Our software’s key features, including data extraction, data validation, data entry, integration, and customization, make it an ideal solution for businesses looking to streamline document-based workflows. KlearStack’s software can be customized to meet the unique needs of businesses in various industries, including finance, healthcare, and manufacturing, making it a versatile and powerful solution for automating data entry and processing.
To know more about our solution, book a free demo with our automation experts today!