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Automate Accounting Data Entry with AI-Powered OCR | vDigiDocr Solution

Struggling with manual data entry for invoices, receipts, and financial documents? vDigiDocr offers an AI-powered OCR solution to automate data extraction and streamline your accounting processes. Reduce errors, improve efficiency, and boost profitability. Learn how our document management system and AI model training module can transform your accounting firm. Includes case study: MAARG Associates. Download now to explore AI in accounting, OCR for finance, and accounting automation.

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Automate Accounting Data Entry with AI-Powered OCR | vDigiDocr Solution

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  1. Addressing a Key Challenge for Financial Accounting Firms AI-powered Automation to meet the challenges of processing of client financial documents as a component of their Accounting Services. Developed on the vDigiDocr AI-OCR Platform by vInnovate Technologies

  2. Addressing a Key Challenge for Accountancy Firms “Experience shows that the key challenge for an accounting firms offering comprehensive accounting services their clients is that of ensuring that all the necessary information is accurately and comprehensively transferred into the Accounting system. Typically, the process relies on manual entry of data from invoices, purchase orders, credit notes, receipts, bank statements, and the like. This is time consuming, error-prone and repetitive work which, though essential, is not profitable.”

  3. Just a few of the many documents required for Processing by Accounting Firms to offer an Accounting Service

  4. The Traditional way; information from the documents is entered manually into an Accounting System Leading to: ➢ Mistakes ➢ Oversights ➢ Inaccuracies ➢ Inconsistencies ➢ Omissions ➢ Data loss ➢ lack of standardization ➢ Lncreased labor costs ➢ Limited scalability ➢ Potential for fraud ➢ Compliance difficulties ➢ Reduced productivity ➢ Staff attention issues ➢ Staff boredom ➢ High staff turnover ➢ Cost of recruitment and training …. There HAS to be a better way!

  5. We can Meet the Challenges with vDigiDocr vDigiDocr 1 Because it Automates the Data Extraction Process:

  6. 2 Because it Automates the Transfer of Data into the Accounting System for the preparation of the Accounts:

  7. 3 Because it Supports Compliance:

  8. 4 Because it Contributes to Profitability & Growth:

  9. 5 Because it Overcomes Storage Issues:

  10. vDigiDocr Key Features An AI-powered OCR software platform designed to scan, digitize, extract data, edit, protect and share all types of documents to maximize efficiency in digital workplaces.

  11. vDigiDocr Available Add-Ons Document Management System (DMS): AI Model Training Module: vDigiDocr Platform supports recognition of new types of accounting documents by providing a model training module which facilitates automated workflow from preparation to generating and updating. BACK BACK

  12. vDigiDocr Regulatory Compliance Our solutions are meticulously designed to align with: Best Practices Security Compliance Requirements Laws & Regulations Cyber Security & Our team collaborates with industry experts to embed essential measures, allowing you to concentrate on growth. We implement industry best practices to ensure our solutions are secure, reliable, and scalable. Adherence to legal frameworks including GDPR, CCPA, HIPAA, and PCI DSS. Data Security In-Transit and At-Rest Encryption

  13. Case Study - MAARG Associates vDigiDocr customization to meet the requirements of an Accounting Firm processing client Invoices

  14. Case Study - MAARG Associates vDigiDocr customization to meet the requirements of an Accounting Firm processing client Finance Documents Our Implementation Challenge The Client’s Required Process

  15. Find Out More About Resolving YOUR Business Challenges

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