| It's been called the "Supply Chain of the Future" | | | | that can be used in automatic data capture: |
| and is being implemented by more companies to | | | | *Bar codes |
| streamline business proficiencies every day. So | | | | *Magnetic stripes |
| although you may have heard of automatic data | | | | *Biometrics |
| capture, you may be asking, "What exactly is it?" | | | | *Smart cards |
| In this article, you will learn some of the main | | | | *Optical Character Recognition (OCR) |
| points about automatic capture and how it can | | | | *Voice recognition |
| help your business thrive in the years to come. | | | | So some of those things we've only seen in |
| Pay attention as implementing a data capture | | | | movies are now part of our reality. Even though |
| system in your business can be one of the most | | | | they may seem like science fiction, companies all |
| important things you decide to do all year. | | | | around the world are using these technologies to |
| Data capture is simply defined as "any process | | | | increase their efficiency, and their bottom line. |
| for converting information into a form that can be | | | | Each of these technologies have their benefits and |
| handled by a computer." You will gather data and | | | | their shortcomings so it's important to not jump |
| the data capture systems will read and extract | | | | at the first solution you come across. Weight the |
| the data from the documents and transport it | | | | costs and benefits of each so that you can find |
| into computer systems. This is the fun part - this | | | | the right technology for your business at a price |
| is all done without any manual typing by your | | | | that is right for you. |
| employees. Retrieval becomes simplified, which in | | | | Be sure to work with a reputable company that |
| turn saves you even more money. This is | | | | has substantial experience in installing and training |
| another step in moving from manual, | | | | in data capture systems and who will help |
| time-consuming systems to more efficient, | | | | establish the most efficient system for your |
| time-saving data capture systems. | | | | needs. All electronic document management |
| There is a decreased margin for error when using | | | | systems can be tailored to fit your business, and |
| data capture, and when errors are made, they | | | | will give you real-time data feedback on your |
| can be found quickly and remedied. This means | | | | operations. |
| there is no costly rework involved in fixing | | | | You will find by using these systems that you |
| wrongly entered information in the system. You | | | | save money, and have improved work flow, |
| have more control over your data, and therefore | | | | which will result in higher employee productivity, |
| higher quality results. Your organization will be | | | | enhanced quality and access of critical data, and |
| better able to provide needed information to | | | | achieve overall better accuracy in all processes of |
| employees, clients and suppliers. Generally, | | | | your organization. In addition to all this, your |
| management, turnaround, and security are all | | | | company will not only generate a competitive |
| improved with a properly implemented system. | | | | edge, but will also be better equipped to face the |
| Here are some of the technologies, or equipment | | | | future. |