CSC implements data capture software that is capable of capturing like data fields no matter where they might show up on a page.
In a move expected to dramatically cut the cost of processing variable
accounts payable forms, Computer Sciences Corp. (CSC) of Sterling, VA, is
implementing Eyes & Hands Invoices from Readsoft of San
Diego. Introduced two years ago, Eyes & Hands Invoices was among the
first "free form" data capture systems capable of capturing like data fields —
such as P.O. numbers, dates and totals — no matter where they might show up on a
page. CSC chose the software in April 2002 as part of a wider document imaging
initiative.
According to John Lenahan, assistant controller at CSC, internal
benchmark tests revealed that the company&singlequot;s internal accounts payable costs
averaged $9 per commercial invoice and $12 per government invoice. When
Lenahan went to the 2001 International Accounts Payable Professionals
conference, he sought a way to streamline the process and reduce costs. It
was there that he discovered Eyes & Hands Invoices product, and he says his
decision to purchase the technology was influenced by favorable feedback from
users of the technology.
CSC&singlequot;s new data capture application will feed information to an OnBase
document management and workflow system from Hyland Software of Westlake, OH.
OnBase will serve as the front end for an SAP system used for commercial
operations and a Deltec system used for government operations.
CSC&singlequot;s U.S. Share Service Center expects to process 40,000 invoices per
month using the Invoices product, capturing data on vendor name, invoice number,
date, total, purchase order number, sales tax, line items, quantity, unit price
and part number.
Accurate data capture will require significant initial defining of input,
but CSC will then be able to trust the software&singlequot;s logic to identify
automatically the vendor name and then seek a master file defining the template
for that vendor&singlequot;s invoices. Building the templates for each vendor won&singlequot;t require
time-consuming programming; rather, operators will simply click on the various
data points to be captured from series of sample invoices. Once the system is in
production, invoices that are unfamiliar to the system will go into a workflow
queue to be trained. The information captured from invoices can be verified
against purchase order information from the SAP or Deltec systems.
CSC expects to eliminate as many as 20 data entry positions and gain an
ROI within less than one year. The $600,000 investment includes $300,000
for OnBase, $150,000 for Eyes & Hands Invoices and $150,000 for hardware and
consulting services from Linmar, a system integrator based in Atlanta.