Showing posts with label Brainware Visibility. Show all posts
Showing posts with label Brainware Visibility. Show all posts

Friday, August 27, 2010

Major American Health System Automates Accounts Payable with Brainware Distiller

Intelligent Data Capture Helps Deliver on the Goals of Modernization and Efficiency Improvement

Brainware, Inc., the leading provider of intelligent data capture and enterprise search solutions,
announced today that a Midwest-based healthcare system has chosen Brainware Distiller™ for the automation of hundreds of thousands of invoices annually in a McKesson ERP environment.  This client will be automating a completely manual A/P environment and joins the growing number of healthcare providers, payers, researchers and suppliers who have selected intelligent data capture technology to drive efficiency in their accounts payable process.  This contract includes Brainware’s Visibility™ module for real-time financial metrics and analytics. 

The automation of back end processes dovetails with the federal government’s efforts to introduce paperless processing throughout the healthcare space.  According to a recent White House memorandum, “the Recovery Act (a.k.a. ‘the stimulus bill’) is investing approximately $20 billion in health information technology to boost significantly advancements in electronic health records, e-prescribing, e-care, and community health initiatives.”  By leveraging Brainware Distiller to automate A/P, healthcare providers are taking a further step to modernize costly, outdated processes for the benefit of more purpose-driven functions.  One of this client’s key objectives is the reassignment of data entry personnel to other units within the organization, a key value driver in an environment where revenues are better spent on patient care and clinical research. 

“Some of the most advanced medical institutions in the world continue to operate with labor-intensive data entry,” said Carl Mergele, Chief Executive Officer at Brainware.  “Our technology drives substantial return on investment within the ERP and document management systems that are common within the healthcare industry, allowing more providers to cut the cost of processing invoices and devote more funds to saving lives and developing treatments.”

Reflecting the company’s continued commitment to the healthcare industry, Brainware will be participating in the Healthcare Payments Automation Summit, September 19-21 at the Sheraton Boston Hotel.  In addition to demonstrating Distiller’s applications for esteemed members of the healthcare community, Brainware’s Vice President of Marketing, Charles Kaplan, will be participating in a panel discussion about the benefits of A/P automation within a healthcare-oriented operation.

Friday, August 6, 2010

British Sky Broadcasting Group Adopts Brainware Distiller for A/P Automation

UK Television and Broadband Provider to Leverage Intelligent Data Capture Solution for Invoice Processing

Brainware, Inc., the leading provider of intelligent data capture and enterprise search solutions,
announces that British Sky Broadcasting Group (BSkyB) has selected the company’s Brainware Distiller™ solution for the processing of invoices in the United Kingdom and Ireland. BSkyB (LSE: BSY) will also implement the Brainware Distiller Visibility™ module for real-time metrics and reporting on the invoice processing cycle, as well as Brainware’s own exception handling module.

“Brainware Distiller consistently outperforms competing technologies,” said Carl Mergele, Chief Executive Officer at Brainware. “Other data capture solutions require the client to spend extensive man-hours adapting their software to the department’s needs, creating thousands of templates before realizing automation. By eliminating templates from the equation, our solution does the adapting, offering a more immediate return on investment.”

British Sky Broadcasting Group operates the most comprehensive multi-channel television service in the United Kingdom and Ireland. BSkyB markets its programs through various channels, including free to air and mobile television platforms. The group also provides telephone and broadband services to its direct to home (DTH) customers. With annual revenue surpassing $8 billion, BSkyB is headquartered in Middlesex, the UK, and employs over 14,000 people.

Friday, June 25, 2010

Leading Entertainment and Communications Company Chooses Brainware Distiller for A/P Automation

Replaces Existing Optical Character Recognition Software With Intelligent Data Capture

Brainware, Inc., the leading provider of intelligent data capture and enterprise search solutions,
announced today that a major entertainment and communications firm has selected the company’s Brainware Distiller™ solution for the processing of paper invoices. They will also implement Brainware Visibility™ for real-time statistics and reporting on the invoice processing cycle, as well as Brainware Distiller’s workflow module for exception handling. This solution replaces a competitive document capture product.

Under this multi-year agreement, this corporation will leverage Brainware’s intelligent data capture solution to automatically extract and validate data from roughly 200,000 invoices annually, including both PO and non-PO invoices. Furthermore, Visibility will bring fast and easy access to real-time key performance indicators and business metrics pertaining to suppliers and related invoices. Working in tandem with their existing ERP system, each of these components will provide for a vastly accelerated Accounts Payable process, quickly validating line-item data, providing up-to-the-moment financial insight, eliminating backlogs, and minimizing costly manual data entry.

This new Brainware client notes that with their previous automation solution, their process was restricted by the need to create templates for each vendor’s invoice.  Additionally, they were unable to extract vital line-item information for validation which created an extra burden on the A/P department. In their desire to improve existing processes, they sought a technologically advanced solution that could relieve the most time-consuming data entry responsibilities, maximize hands-free extraction, and reduce the opportunity for human error to an absolute minimum. They chose Brainware Distiller to deliver those results.

“Template-free, intelligent data capture cannot be oversold in today’s market,” says Carl Mergele, Chief Executive Officer at Brainware. “Distiller is the best automation platform available today because of its ability to scale based on volume, document layout, and document type.  As a result, we can help our customers quickly and effectivly optimize their invoice payment operations, starting on Day One.”