AnyDoc Software, one of the leading provider of automated document and data capture solutions, announced recently that it received finalist honors for the 2007 ECM Connection ACE Award in the Banking and Finance category. Finalists were recognized at the recent AIIM Expo, on April 17 in Boston, MA.
ECM Connection's ACE awards recognize vendors who are making extra efforts to promote the education and adoption of ECM technologies within specific markets beyond their overall horizontal offerings. ACE award nominees are judged on Appeal (vendor offers an innovative, feature-rich product line within the designated category), Content (company provides information-rich marketing collateral that goes beyond merely promoting its own products and services) and Education (outstanding outreach programs and services).
AnyDoc Software was recognized for its complete document and data capture and processing solution for accounting comprised of AnyDocINVOICE and AnyDoc REMIT. Capable of processing thousands of documents per day to hundreds of thousands, users of the AnyDoc accounting solution have experienced reductions in verification time of up to 75 percent, lowering labor costs. In some cases, processing time has been reduced from 10 days to two days and processing costs per document have been reduced more than 45 percent. Paper documents that used to travel from department floor to department floor are now scanned, electronically sent for processing and archiving, and then shredded without ever leaving the mailroom.
AnyDoc's solution is significant because data can be captured off of documents regardless of how many different formats of invoices, remittances and checks are received. AnyDoc's AnyApp technology identifies the location of the data on a particular document and then remembers the location each subsequent time that document is processed, thereby increasing processing speed. Processing costs are lowered and processing time is reduced from days to hours - with minimal human intervention.
"We are proud to be selected as an ACE award finalist," said Samuel Schrage, president of AnyDoc Software. "The recognition is a tribute to the innovative solutions and high level of product support and education that we provide to our customers."
This represents the third consecutive year AnyDoc Software has received ACE award honors. In previous years, AnyDoc was named a finalist for the award in the Healthcare and the Capture Software Vendor categories.
About AnyDoc Software
AnyDoc Software offers innovative document and data capture and classification solutions that have been the industry standard since 1991. Thousands of companies worldwide rely on AnyDoc solutions to eliminate millions of hours of manual data entry while improving productivity and accuracy. Any paper form, invoice and document can be automatically processed with full data extraction without the need for manual keying. Clients include: U.S. Airways, Circuit City, BlueCross BlueShield, the U.S. Census, LeasePlan, Zürcher Kantonalbank, MS200 and more. For more information, please visit