Industry’s First Comprehensive Imaging and Process Management Solution Helps Organizations Accelerate Business Processes, Reduce Costs and Improve Information Access
News Facts
- Enhancing its industry leading content
management suite, Oracle today unveiled Oracle Imaging and Process Management 11g and Oracle
Forms Recognition. Both products are components of Oracle Fusion Middleware and are part of Oracle’s strategic
solution for Enterprise Application Documents. - Oracle is now the only company able to provide
the combination of enterprise applications, business process management and
content management to create a comprehensive imaging and process management
solution that helps organizations automate document and image-intensive business
processes, such as accounts payable, employee recruitment and onboarding, and
claims processing. - Oracle Forms Recognition is the latest addition
to Oracle Content Management and is a best-of-breed intelligent data capture
solution that can analyze, recognize, and categorize virtually any structured or
semi-structured document type including invoices, purchase orders, bills of
lading, and claims forms. - Together, Oracle Imaging and Process Management
11g and Oracle Forms Recognition help reduce the cost and complexity of imaging
deployment and management. - Organizations across multiple industries,
including financial services, retail, manufacturing and healthcare, have
improved business processes, simplified compliance, reduced costs and boosted
productivity with Oracle Imaging and Process Management. - Oracle Imaging and Process Management 11g and
Oracle Forms Recognition are available now.
Content Integration with Business Processes and Applications
- Oracle Imaging and Process Management 11g is a comprehensive,
integrated and cost-effective imaging product for the management of
document images within enterprise business processes. In addition to
enabling enterprise content consolidation through a single repository in
Oracle Universal Content Management, Oracle Imaging and Process
Management 11g helps customers:- Content-enable business
applications and processes via pre-integration with business software,
such as the Oracle E-Business Suite and Oracle Business Process
Management Suite. - Improve business processes that span lines of business and include
paper-based and electronic transactions. - Simplify deployment and accelerate time-to-value through a broad set
of solution templates that provide pre-defined workflows, process
rules, data forms and executive dashboards. (For example, a
comprehensive, pre-packaged business process module for accounts payable
is available with Oracle Imaging and Process Management 11g.) - Facilitate standards-based integrations and deployments based on a
Service-Oriented Architecture and a Java Enterprise Edition compatible
infrastructure. - Deploy imaging solutions worldwide with support for 27 languages.
- Content-enable business
- With Oracle Forms Recognition, information required to complete
document-intensive business processes can be automatically extracted
from documents captured by Oracle Document Capture and integrated into
appropriate enterprise applications, accelerating business processes and
reducing the potential for manual data entry errors. - In addition, Oracle Forms Recognition incorporates advanced learning
capabilities, enabling organizations to save time and money by
eliminating the need to create data capture templates for new business
processes, vendors and document types.
Supporting Quotes
- “Managing document and image-intensive business
processes like accounts payable can be extremely time consuming and expensive
without effective and integrated management,” said Andy MacMillan, vice
president, Product Management, Oracle. “Invoices, receipts and exceptions can
create a paper storm that delays payments, increases resource requirements and
results in penalty fees and damaged business relationships. The launch of Oracle
Forms Recognition and Oracle Imaging and Process Management 11g, delivers a
unified, comprehensive imaging and process management platform that helps put
those documents and images where they belong and where they can be easily
managed – in the applications business people use every day to complete their
jobs.” - “Oracle Imaging and Process Management has
streamlined our manual and time-consuming processes, allowing us to gain more
control over payment cycle times, expense participation and collection of common
area reimbursements. The solution has a clear and defined ROI and has enabled us
to fully measure many of the productivity gains for our associates,” said Robert
Lieberman, Senior Vice President, Chief Information Officer, Centro Properties
Group.
