JULY 21, 2022 – 3PM EDT Webinar
Process Automation for
Tax Documents and Data

How to speed up your tax process

 

Process Automation experts from Initium SoftWorks discuss:
How automation can help you speed up your tax process
July 21, 2022 @ 3PM EDT

David Guzinski

Principal, Sr. Solutions Consultant at Initium SoftWorks LLC

Collins Sarmento

Principal, Director of IDC and Process Automation at Initium SoftWorks LLC

With constantly changing regulations, it can be tough to keep up and get the work done for tax season. There is considerable discussion about Process Automation in the tax industry to help replace and automate tedious, repetitive and manual tasks. But what can we automate and how does it benefit small and midsized businesses?

This webinar answers the most commonly asked questions about automating tax documents and data and discusses how your business can:​

  • Find more time to keep up with changing regulations
  • Increase business productivity
  • Reduce manual errors
  • Eliminate boring, repetitive, manual tasks

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4 Process Improvements to Include in Next Year’s Budget As we reach the halfway point of the fourth quarter of the calendar year, many companies are evaluating budgets and looking for ways to cuts costs, increase revenue, and improve margins. With a new president-elect, changing overtime rules for white collar

 

Intelligent Data Capture

Ditch the Paper, Keep the Data

 

 

Schedule Custom Demo

 

Processing Documents Manually is Hurting Your Business

Many business processes still rely on information contained within business documents in both paper or image format. The documents may include invoices, forms, contracts, claims, mortgage documentation, receipts and more.

Whether you choose to derive relevant data from these documents manually or not at all, your business is paying the price.

Learn how Intelligent Data Capture can provide access to the valuable data in your documents automatically.

Learn More

Faster Revenue

Accelerate transactions, decisions, and actions,  shortening time to revenue.

Maximize Resources

Reduce time spent on data entry and refocus your staff on business-critical tasks.

Lower
Operating Costs

Replace costly and inefficient manual operations with IDC and Machine Learning.

Maintain Compliance

Meet SLAs, such as payment terms or regulatory compliance deadlines, to get discounts and avoid penalties.

Transform Streams of Documents Into Business‑Ready Data

ABBYY WF

Highlighted Features

Multi-Channel Input

Multi-channel data entry enables you to process both paper and digital documents coming from multiple sources in a single flow, including MFPs, network scanners, e-mails, FTP, web post or hot folders and mobile devices.

Intelligent Data Extraction

Using Machine Learning (ML) and Natural Language Processing (NLP), capture any data from any document regardless of complexity.

Leading OCR and ICR

Ensure exceptional accuracy with reliable industry leading optical character recognition (OCR) and ICR engines that includes support for over 180 languages.

Simple and Speedy Set-up

With auto-learning capabilities that help accelerate your time to production and reduce ongoing system maintenance costs. The technology allows the user to train the system to process flexible or irregular document layouts while the operator retains full control to edit, fine-tune or discard auto-learning results.

High Scalability

FlexiCapture can be scaled both vertically and horizontally to support high volume and fast document processing scenarios.

Whether you need to process 3 million documents per day or 50 we have the solution for you.

Flexible Integration

Integrate data capture into existing workflow processes and critical systems with ease. Deliver data to back-end systems from remote workstations or mobile devices.

Document Solutions Tailored to Fit Your Business

We know that it’s not “one size fits all” when it comes to technology implementations. That’s why we invest time with you to better understand your current business processes, challenges, and goals for growth. In return, we offer industry insights, business process best practices, and expertise across several technology platforms.

Contact us today to design a document solution tailored to fit for your business.

Schedule a Consultation

Related Resources

Initium SoftWorks LLC, an Employee Partnership, Acquires the Software/Services Division of MTS Software Solutions, Inc.   Financial Document Capture | HR Document Capture | Insurance Document Capture “We are specifically excited about combining Intelligent Document Capture (IDC) platforms with Robotic Process Automation (RPA) and integrating them with an organization’s Line Of Business

ABBYY Recognizes MTS Software Solutions with Partner of the Year Award 2017   Financial Document Capture | HR Document Capture | Insurance Document Capture “MTS is very well known in the ECM industry for their ability to successfully apply intelligent data capture to complex document capture and data extraction challenges, namely in financial services. We

BNY Mellon and MTS Software Solutions Recognized for “ABBYY Project of the Year” Financial Document Capture | HR Document Capture | Insurance Document Capture “BNY Mellon is deeply committed to improving our client experience, resiliency and efficiency through technology. Through outstanding collaboration with ABBYY and MTS, we were able to develop a solution