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Go Beyond Simple Scanning with AI-Powered Document Recognition and Understanding

Organizations just awakening to the power of digitization in their workflows may envision the end result of a digital revolution as a paper-free workplace. To be sure, the scanning of documents to eliminate the need to store numerous boxes of paper files is one reason to seek out digital solutions for a business. But taking control of a business’ documents means far more than simple document scanning. 

 

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Business Process Automation at Scale: Wielding the Power of Intelligent Document Management

Ripcord customers span multiple industries, but they share a handful of core need states and at least one foundational requirement: the need for speed. From insurance and finance to healthcare and energy, Ripcord clients want operational optimization, and a large part of that involves increasing the pace of functions across all their organizations. 

 

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5 Ways Document Intelligence Management Enables Business Success

Daily, the typical enterprise generates a vast amount of content, whether in paper or digital form. In the past two years, data collection increased significantly, however, most businesses are having trouble implementing their data successfully in their business process. A Splunk-sponsored True Global Intelligence Survey revealed that 57% of respondents say that data volume is growing faster than their organization can keep up, and 66% report that half or more of the data their organization has already collected is untapped, unknown, or unused. In fact, a survey from IDC states 44% of that data goes uncaptured, and 43% of data that is captured goes unused. IDC, 2020.

 

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Automation

Fully Activated Data: Achieve Accuracy and Efficiency at Scale

Businesses are at the receiving end of a firehose of documents and data. The global datasphere is expected to double between now (2022) and 2026 - with Enterprises creating a majority of that data. Successful organizations are those that have in place workable, intuitive, and intelligent document management software, like Ripcord.

 

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Insights

Restore Our Earth, Restore Your Data

It's been more than half a century since the late Sen. Gaylord Nelson, an environmentalist from Wisconsin, brought us Earth Day. Yet the annual series of worldwide events aimed at promoting protection and preservation of our natural resources has gained significant momentum since its inception in 1970. Now every year on April 22, more than a billion people globally mark the day with clean-ups, speeches, gatherings, and other mobilization efforts. 

 

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Insights

Three Ways to Get C-Suite Buy-in for Document Digitization

Document management comes with a significant cost in time and effort for the modern enterprise. Digitized document management, on the other hand, addresses these challenges, saving both time and money for organizations of almost any size. 

 

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AI

Ripcord Operations During the Global Pandemic

To all of our customers and partners,

 

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Five Best Practices for RPA Implementation

Protect Your Records Like You Protect Your Data As society depends more and more on technology, it has become standard practice for companies and law firms to invest in safeguarding their digital data and IT infrastructure. Primary storage systems, backup systems and secondary sites with backups for disaster recovery are the norm. With these defenses in place, if anything unexpected happens, such as a natural disaster, data can be recovered quickly and business can continue as usual.

 

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Insights

Business Process Automation vs. Robotic Process Automation: What's the Difference?

In recent years it's become just about impossible to read about or discuss technology in business without coming across the terms robotic process automation (RPA) and business process automation (BPA). But what are robotic process automation and business process automation (sometimes called business process management), really? Are they just a passing fad, or are they worth looking into and implementing in your business? Below, we answer these questions and go into the key areas of difference between RPA and BPA so you can make an informed decision about where they may belong in your organization.

 

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Electronics Records Management

Five Business Process Management Examples for Gas & Oil

Business process automation, or BPM, is the software-based system that an organization uses to manage all of its processes, entity-wide. Its benefits can include increased organizational transparency, greater efficiency, reduced waste, and a better bottom line.

 

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