No matter how much digitization or automation is going on, paper is still used in businesses all over the world. Large companies and organization still struggle with unorganized paper and digital documents clogging their workflows. Time and money are constantly spent on integrating automated solutions which, in the end, still require internal employees to participate in the processing, lowering overall work efficiency and multiplying processing costs. In the end, companies need to compromise and give up on cost effectiveness, speed, accuracy or data confidentiality. Furthermore, most of these solutions are inflexible and require further investments or even full replacement anytime something changes in the usual workflow.
Now meet MPS IntelliVector – a solution that instead of trying to improve one aspect of the processing like accuracy or speed, completely transforms the traditional approach to extracting and processing customer data from paper or digital sources.
MPS IntelliVector combines automated processing (OCR and ICR) with microtasking and enterprise crowdsourcing to yield benefits of both – automated and human processing. On one hand – maximizing the level of automation, including straight-through-processing, reduces the need for manual processing (both data entry and data validation) to the lowest possible, yet still guarantee exceptionally high data accuracy. On the other hand microtasking optimizes manual processing – when data validation can’t be avoided – and allows to securely outsource or crowdsource the occasional manual data validation significantly reducing the processing costs, yet still guarantee 100% data confidentiality.