PRODUCTS | FormStorm
FormStorm Enterprise is a state-of-the-art form processing software that uses OCR, ICR, OMR, barcode recognition, form classification, form recognition, unstructured form recognition and invoice recognition in order to reduce the cost and time required to capture and enter data from paper to databases.
FormStorm Invoices is so easy to install and operate that you will process your own invoices within minutes from installation, and without customization!!
FormStorm Invoices is available at lower prices to users with low volume of invoice pages.
FormStorm for Service Bureaus offers practical operability, economy, central control and robust data security.
Attractively priced, FormStorm for Service Bureas is the processing backbone of bureaus world-wide.
The Most Accurate OCR for Almost Any Form or Document
FormStorm follows the following steps, most of which are fully automated:
Scanning - You can drive a dedicated scanner, or search for files on disk to feed the internal queues. FormStorm applies specialized grayscale technologies to prepare your images for maximum results.
Matching - One of FormStorm's most powerful technologies searches for the best match between any incoming document and one that may exist in its template library. If a match is found, the document is processed accordingly. If not, the form (invoice, for example) is processed as an unknown document. This approach balances high throughput and the ability to process documents without prior setup.
Process - Either according to a template or as an unknown form, the range of engines and relevant functions is applied to the form, and the desired data is extracted. FormStorm can process any desired volume of forms as high as hundreds of millions of forms.
Validation - Built-in data validation tests are applied as part of the processing to help increase accuracy. Dictionaries may be linked to fields, addresses are compared to postal databases, line items are checked for consistency and totals are calculated and compared.
Verify - The opportunity for manual data verification is provided for questionable characters. This step can be skipped, if desired, so that data verification can be performed elsewhere in case FormStorm is integrated.
Export - Once approved, the data is exported in standard XML or CSV formats, along with original and processed image that can be archived and later accessed.
The Smart Way to Extract Data from Invoices
Studies have shown that accounts payable processing costs at least $12 per invoice, and can be much higher (as high as double or triple that figure). A major component of the cost to process incoming invoices relates to data entry from the invoices into your database fast and accurately.
Other invoice processing systems can extract data and transfer it to a database. No other system can do it as quickly "out of the box," or as economically as FormStorm. You will see lower costs in your A/P department, more accurate data, and more efficient environment:
Speed invoice data entry, while reducing manual labor
Improve accuracy of data entered to your database
Invoice images are available for archiving instead of paper filing
Gain better control over your cash flow
Streamline your A/P department's operations
Economical to purchase and maintain over time
CharacTell can assist you during any implementation to address unique and specific needs. Contact us for more information today!
FormStorm For Service Bureaus
A Centrilized Solution for Demanding Projects
Service bureaus face a demanding set or requirements, primarily the need to provide the accuracy and turn-around time specified in their SLA’s with customers, while maintaining the economic profitability required to sustain their businesses.
FormStorm for Service Bureaus is a robust configuration of FormStorm that is designed expressly to meet the needs of service bureaus. FormStorm for Service Bureaus bundle includes multiple OCR stations, and a generous allowance of data verification stations. It offers service bureaus important tools and measures such as:
Expandable to support of unlimited volume of documents.
The ability to process multiple client systems at the same time.
Priority processing assignment needed to meet deadlines and SLA terms.
Strict separation of files and data belonging to different clients.
Safety tools to protect against data loss in case of platform or datacenter failure.
Programming tools to apply optimizations and validations as part of the overall automation.
Powerful, simple to operate, economical to purchase and maintain, FormStorm for Service Bureaus has been in use world-wide by leading data services large and small. Click here to find out how to apply FormStorm in your service bureau.