Document & Records Management

The Digital Transformation Agency (DTA) has revealed it will mark the completion of a nine-year program to transition Australian Government agencies to digital information and records management by undertaking a Digital Capability Review in early 2021.

ABBYY and Bizagi have formed a strategic alliance to disrupted manual businesses processes including onboarding, processing of loans, and accounts payable.

Documents are essential to business operations, but creating, completing, and cataloguing these documents at scale remains a frustrating and time-consuming task for organizations. There is an answer that streamlines productivity. It’s not operational restructuring or overly-complex IT offerings. Instead, the answer is black-and-white – barcodes.

Onit, Inc., a provider of enterprise workflow solutions including enterprise legal management, contract lifecycle management and workflow automation, has acquired McCarthyFinch and its artificial intelligence platform that accelerates contract reviews and approvals by up to 70% and increases user productivity by more than 50%. 

iTacit has introduced form building and automated workflow functions built in.to its employee communication platform. These new upgrades were developed specifically for companies that manually collect hard copies of operation-critical data or have processes tied to Excel and Google Forms.

A new tool from Text IQ aims to streamline data breach response by more quickly and accurately identifying personal information and impacted individuals in unstructured data.

Hyperautomation is a process in which businesses automate as many business and IT processes as possible using tools like AI, machine learning, event-driven software, robotic process automation, and other types of the decision process and task automation tools.
 

A well-funded startup in the crowded AI-based document automation market, Hyperscience, is targeting growth in the A/NZ region following an alliance with Israeli RPA and Process Discovery vendor Kryon.

ATO documents account for a large portion of incoming correspondence for accounting firms, and between cross-checking details and removing sensitive client data (eg Tax File Numbers) ahead of distribution, there’s a huge administrative burden involved in processing and managing ATO correspondence.

Celebrating 15 years of activity in the ANZ market, IDM asked MD Rainer Krause to reflect on the evolution of ELO Digital Office in the ANZ ECM and records management marketplace.

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