To be competitive, modern businesses strive to transform the way the operate. Digital transformation is not a simple buzzword, but a way to survive in our fast-paced economy. When talking about digital transformation, many forget that it’s not just about technology. It is more about using digital technologies to transform the current processes into something significantly better.
Simplification is one of the means to transform the current processes and to achieve better results. Moreover, to empower the digital native generation, we need to focus on making the software more intuitive and seamless.
Some months ago, OpenText™ introduced the on-premise capture solution for our SAP Ecosystem: OpenText™ Information Extraction Service for SAP® Solutions (IES). Today we are delighted to announce the multi-tenant cloud version, OpenText™ Core Capture for SAP® Solutions
Businesses are shifting to the cloud
In the modern business landscape, the cloud is getting more and more traction, on a daily basis. It happens for a variety of reasons including increasing the flexibility of work or simple cost savings.
However, the main reasoning behind moving to the cloud is the shift in the way modern business is done. Instead of “we-can-do-it-all” approach, companies are willing to focus on their core competencies, becoming even better in what they are good at. And even though critical business technologies are still maintained in-house, companies are looking for a way to simplify their IT landscapes and offload a part of their IT operations into the cloud.
As we all know from the recent study, conducted by analyst firm Harvey Spencer, 80% of B2B communications are still paper-based. That means that 8 out of 10 incoming documents have to be entered manually into the leading business applications, which is time-consuming and prone to errors.
However, capturing information is only one side of the coin. Modern companies need an intelligent capture system, which is also able to classify information, understand and interpret it (based on the business context) and afterward pass it to the correct process inside the leading business system. This is a much more complicated task than simply capturing incoming documents, and not many existing OCR solutions can cope with it.
Core Capture for SAP® solutions – the ultimate multi-tenant capture solution
OpenText™ Core Capture for SAP® solutions takes an advanced approach to optical character recognition (OCR). The software recognizes the type of incoming document and intelligently captures the full information in the right business context to pass it to the correct process, allowing a maximum level of automation.
Built on a powerful platform incorporating more than 30 years of experience, a sophisticated invoice knowledge base and machine learning technologies, Core Capture for SAP® solutions adapts and learns with every document it processes. The solution follows an innovative approach, where the patented machine learning engine completely eliminates the learning phase, typical for other capture solutions. This approach allows to eliminate the setup efforts and offers robust ready-to-use capture from day 1.
OpenText™ Core Capture for SAP® solutions is the new generation of capture products which is fully integrated with SAP and OpenText’s two information processing products: OpenText™ Vendor Invoice Management® for SAP® Solutions (VIM) and OpenText Business Center for SAP solutions.
From now on, no matter if it is a contract, delivery note, invoice, sales order, statement or even HR document – OpenText™ Core Capture for SAP® solutions automatically captures them all.
SAP S/4HANA offers tremendous advantages, including the ultra-fast computation times for complex operations. However, if you continue entering and processing information manually, you will lose some of the advantages SAP S/4HANA offers. OpenText™ Core Capture for SAP® helps SAP users to bridge this gap and offers and a robust capture solution, fully integrated with SAP, which allows you to capture any incoming document in a matter of seconds.
With the solution now available in the cloud, there is no setup or administration effort. With OpenText™ Core Capture for SAP® solutions, you can fully automate the process of capturing incoming information and focus on what’s really important – on your core business
- Patent-pending machine learning technologies
- Seamless integration with the SAP® suite – single UI
- Single capture solution for all SAP-related documents and processes
- Multitenant out-of-the-box solution with 0 configurations on the OCR side
- 30+ years of industry expertise & best practices
- SaaS offering – no need to take care of hosting, upgrades or other related topics
- OpenText owns OCR technology on all levels: Recognition engine, Image preprocessing, various methods for information extraction including machine learning (only a few companies in the world have such capabilities)
- Premium qualified by SAP (we are the only solution which goes through the process of premium qualification inside SAP – this, in turn, offers the highest quality standards)
To be competitive, companies have to transform the way they operate. There is no more place for complicated solutions on the market. While capture is a step towards the digital enterprise, it is not the leading application and has to be as efficient and as simple as possible. With OpenText™ Core Capture for SAP® Solutions, we offer an industry leading solution, which is tightly integrated with the SAP suite, which is a native cloud application and is able to efficiently capture any incoming document. So, what are you waiting for?