Customers are demanding their orders more immediately than ever before. Without automation, keeping up with the demands of your customers can drive customers to shop from your competitors.
If the ordering/purchasing process is slow, painful or worse; customer may not receive their orders leading to more bad customer relationships and furthering their justification to shop elsewhere.
Subscribe to receive updates from Optiform regarding automation in logistics.
You have successfully joined our subscriber list.
Automating your inventory management workflows involves more than flipping a switch. You must consider and connect all the incoming documents, databases and underlying software that support the supply chain framework.
Can you answer this question? Is there one piece of data or identifier that your drivers and warehouse teams use to link a shipment before it departs home and until the final receipt is created? If not, this exercise will be helpful in helping your team in establishing that link.
Manual ways of tracking these items in a spreadsheet is a significantly complex process which automation has been improved with the application of software. By connecting disparate systems, companies may be using; ERP’s, Accounting, Inventory, etc. the supply chain gains insight into inventory, thus keeping the right amount of goods on hand at all times, while staying profitable.
These systems keep track of goods in inventory, sometimes across several warehouse locations. Inventory management software can also be used to calculate costs — often in multiple currencies — so that accounting systems always have an accurate assessment of the value of the goods.
International suppliers will each have their individual currencies which will need to be reconciled and converted to your company’s currency. Manual conversion for each incoming shipping pallet is one of the mundane tasks that can be taken off the hands of your already busy data entry staff in the Accounts Payable department. ABBYY FlexiCapture recognizes the currency based on the country which packing documents originate, and handle the conversion automatically so your team doesn’t have to. Take a look at how easy the configuration is to handle international currencies – it is literally a click of a couple buttons to set this up in the beginning so your team can be hands off until an exception is reached.
What makes ABBYY FlexiCapture stand out from other document capture software on the market is the exceptional flexibility, superior accuracy and transparency of its technology – three qualities that drive the development of our transformative software. Powerful ABBYY FlexiCapture technology can:
See a customer story about how one company improved their logistics processes with ABBYY in this case study video:
We invite you to reach out to our team for a demo ABBYY FlexiCapture for Invoices. We can share pricing and consult with you on how to best implement your automation project so you can begin weighing whether it really is worth manually keying those fields each time you have an incoming shipment.
Optiform offers a broad spectrum of data processing solutions customized to fit any business need. From human resource departments to the information produced through clinical trials, Optiform has a long history of maximizing the efficiency of all its clients. Optiform is here to provide personalized support and recommendations both pre and post project, to ensure your long-term satisfaction and paper-free results. Contact us today to set up a personalized one-on-one consultation for software and business process recommendations. Already a valued Optiform client? Our customer support is ready to help.