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Underwri(enby:
#AIIMInforma(onIsYourMostImportantAsset.LearntheSkillstoManageIt
WinningStoriesfromtheField:LearnTopTipstoManagingthePaperworkinYourBusiness
PresentedSeptember27,2016
WinningStoriesfromtheField:LearnTopTipstoManagingthePaperworkinYourBusiness
AnAIIMWebinarpresentedSeptember27,2016
Underwri(enby:
BobLarriveeVP&ChiefAnalystAIIM
SteveTalmudVPofMajorAccountsCVISIONTechnologies
Today’sPar(cipants
Underwri(enby:
Opera(onalChallenges
§ SimilarformanyorganizaHons§ LongprocessingHmes§ DelayedresponseHmes§ Pooraccessibilityandsharing
Opera&onally,58%saytheirbiggestbusinessproblemsisthingsge8ngstuckinaprocessSource:AIIMIndustryWatchProcessImprovementandAutoma(on2016
Underwri(enby:
Applica(onProcessing
§ Struggletoscale§ Outdatedmethodsofprocessingdocuments
§ Theyusemanualprocessingmethods
§ InabilitytoefficientlyprioriHzehigh-priorityapplicaHons§ DifficultyidenHfyingthem
Toolongtofindcontent(62%),duplica&veefforts(52%)Source:AIIMIndustryWatchStateoftheIndustry2016
Underwri(enby:
Insights
§ Whathaveyouseeninyourcustomerbase?§ HoworganizaHonsyouareworkingwithaddressingtheseissues?
Underwri(enby:
MajorFinancialIns(tu(onImprovesWorkflowEfficiencyby96%AWerAutoma(on
§ MajorFinancialIns(tu(onImprovesWorkflowEfficiencyby96%AWerAutoma(on
Objec(ve BenefitsAchieved
ReducemortgageloanprocessingHmefromover2hourstounder20minutes
CVISION’sTrapezereducedloanpacketprocessingHmetounder5minuteseach.
EnableprioriHzaHonofloanswithcriHcaldeadlinerequirements
TrapezeenabledemployeestoidenHfyhigh-priorityloanstobeseparatedoutandprocessedfirst.
Maintainprocessingqualitywithreliableaccuracyrates
AutomateddatafieldextracHonperformedwithveryhighaccuracyrates.
Classifydocumenttypesaccurately AutomateddocumentclassificaHonexcelledwith99.5%accuracy.
Automatedocumentassemblyinareliablemanner
DocumentswereautomaHcallysplit,mergedandreorderedwithnear-perfectaccuracyrates.
PreserveeaseofusewithintheorganizaHon’sexisHngworkflow
TrapezeintegratedseamlesslyintotheexisHngsystemforasingle,simpleworkflow.
Underwri(enby:
InvoiceProcessing
§ Labor-intensive§ ExcessiveHmekeyingininformaHon§ Invoicesarrivethroughdifferentchannels
includingfax,mail,andemail
§ IncreasingvolumesofinvoicescanoverwhelmtheaccounHngdepartment
58%describetheirinboundhandlingasadhocSource:AIIMIndustryWatchStateoftheIndustry2016
Underwri(enby:
Insights
§ Whathaveyouseeninyourcustomerbase?§ HoworganizaHonsyouareworkingwithaddressingtheseissues?
Invoice Processing Success: Calculating Savings
Manual Process Automated Solution
Employees Required
Invoices Processed /
Hour 30 100
Accuracy Rate 97% 99%
How does Automated Invoice Processing Help?
Underwri(enby:
Recommenda(ons
§ IdenHfyhowcontentisarrivingatyourdoor§ Electronicandpaper
§ Assesshowitcanbebroughtintotheprocesssooner§ Captureatfirsttouchpoint
§ Automateasmuchaspossible§ AutomaHonstreamlinestheprocess§ Deliversconsistencyandaccuracy
Underwri(enby:
ThankYou!
QuesHonsaboutautomaHngyourbusinessprocesses?ContactSteveTalmudforfurtherinfoortoscheduleademo
Phone:(732)698-9690Email:stalmud@cvisiontech.com
MoresuccessfulprocessautomaHonusecasesat:h(p://www.cvisiontech.com/about/case-studies.html
www.cvisiontech.com@CVISIONTechh(ps://www.youtube.com/user/CVISIONTech
Underwri(enby:
ThankYou!
Readthegreatresourcesavailableataiim.org/research
ToContactBob:blarrivee@aiim.org
@BobLarriveeonTwi(erwww.linkedin.com/in/boblarrivee
Underwri(enby:
AIIMistheCommunityforInforma(onProfessionals
AIIMbelievesthatinforma(onisyourmostimportantasset.Learntheskillstomanageit.
Ourmissionistoimprove
organizaHonalperformancebyempoweringacommunityofleaderscommi(edtoinformaHon-driven
innovaHon.
Learnmoreatwww.aiim.org
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