Providing Advanced Data Capture and Intelligent Document Classification Solutions
"ancoraDocs can be deployed in a matter of hours or days, not the weeks or months you often see with traditional capture solutions", said Nick Bova, VP of Sales at ancora Software.
SAN DIEGO (PRWEB) May 06, 2020
During these unprecedented times of the Covid-19 pandemic with social distancing and work from home orders, ancora Software’s customers have been very successful in easily moving their AP processing into their employee’s homes. This shift of more online activities is helping spur growth of ancora’s solutions in delivering an accelerated ROI to our customers.
ancora Software an industry leader of Intelligent Process Automation including our no code/low code Intelligent Document Classification and Advanced Data Capture solution ancoraDocs is meeting and exceeding our customers’ requirements around remote AP invoice processing. ancoraDocs has become more central to our customers as their staffs are now working remotely. Whether the customer is using our on-premise deployment or our Azure hosted cloud deployment the only requirement for an employee to process invoices from home is a computer with a browser, there is no software that needs to be installed and is totally secure. Our current customer base is proving that our remote technology works every day.
It is very easy for a company to take advantage of what ancoraDocs has to offer and eliminate all their document classification, separation and manual data entry from any computer, from any location. With the use of unassisted and assisted machine learning a new customer can be using our solution in a matter of hours or days, not the weeks or months required for deployment by our competition. ancoraDocs can process an invoice the software has never seen before and with just a few mouse clicks utilizing assisted machine learning they will see 100% accuracy in document classification and data extraction including line item detail.
ancoraDocs is available either on premise or as a true multi-tenant cloud service hosted by ancora on Microsoft Azure. It can also be deployed as a hybrid solution, utilizing zero footprint browser-based clients. “ancoraDocs is designed to bring simplicity to a market where applications have historically been complex and overpriced, as well as difficult to configure, install, use, and maintain,” said Nick Bova, VP of Sales at ancora Software. “It can be deployed in a matter of hours or days, not the weeks or months you often see with traditional capture. This helps users start realizing their benefits sooner and produces a faster time to ROI. In addition, it opens the market to SMB organizations, which have historically not been able to take advantage of automated document capture due to the significant costs of getting started.”
Based on the uncertainty of the immediate future as to when companies can bring their employees back into the office ancora is seeing an uptick in the addition of new customers. Many companies and organizations are trying to solve the immediate problem they have processing invoices and others want to make sure they are ready if work from home orders go away but come back because of a second wave of the virus. ancoraDocs will also help companies that start to bring their employees back to the office across multiple shifts to keep social distancing, with ancoraDocs the employees processing invoices can remain at home and would not need to come into the office at all. A comment we have heard often over the last 30 days is “we wish we would have purchased ancoraDocs much sooner, we would not be in the position we are in today.”
About ancora Software
ancora Software, Inc. is an innovative provider of Intelligent Process Automation solutions including Intelligent Document Classification and Data Capture. ancoraDocs, our flagship product, was developed to bring simplicity to a technology that historically has been complex, over-priced, and difficult to configure, install, use and maintain. Our Business Process Automation solutions with patented artificial intelligence and machine learning technologies help companies eliminate costly manual steps in their business processes such as document classification, document analysis, manual data entry, manual filing, etc. Businesses using ancora Software achieve faster and less expensive business process automation and better controls over valuable critical information. Headquartered in San Diego, CA, ancora Software maintains sales and support operations throughout North America and the UK.