Food Processors: Save Time and Money by Putting an End to Manual Document Processing

As one of the most regulated industries in North America, the food processing industry generates, processes and produces a dizzying amount of documents daily.

Most large food processors employ teams of data entry operators or analysts to enter, process, analyze and generate these documents. Your company is probably no different.

Not only is this extremely expensive, it is also very time-consuming and also prone to errors. 

Our Intelligent Document Processing (IDP) software powered by Artificial Intelligence is quickly gaining traction among large food processors throughout North America as a solution to these issues 

Our software will help you: 

• Eliminate manual data entry and the high costs of dedicated personnel

• Drastically accelerate the processing of documents such as Certificates of Analysis

• Intelligently bundle individual documents based on your requirements 

• Improve compliance and traceability throughout your processes

• Gain insights with our advanced analytics solutions

• Accelerate and simplify decision making with our business automation tools

• Gain a competitive advantage

On average, our clients are realizing savings of $100,000+ annually while also improving their operational efficiency. 

Compliance and Traceability Are Complex Challenges

As one of the most  highly regulated industries in North America, the food processing industry is subject to stringent standards of compliance and traceability. 

Many of our clients not only need to adhere to local and national laws and regulations, but in many cases international ones as well. Since there is a lack of standardization across jurisdictions, compliance across the board is often difficult, time consuming and expensive. 

Mistakes in these areas can be costly not only to remediate, but can also lead to fines, sanctions and even the boycotting or banning of the company and its products and services in certain jurisdictions.

Traceability requirements also present their own set of challenges. Data needs to be tracked throughout the supply chain, and the volume of documents often makes this difficult, time-consuming and expensive. Retrieving and assembling documents in the event of an issue can also present challenges when an issue inevitably arises.

Our suite of AI powered software tools are perfectly suited to the compliance and traceability challenges faced by medium and large scale food processors. Not only does our software virtually eliminate data entry errors, our automation and analytics features can notify you of any discrepancies or issues in near real-time.

Overcoming the Challenges and Costs of Document Processing

Capturing, validating, and reconciling food safety-related documents is an expensive, time-consuming, tedious and error-prone process yet absolutely necessary to any food processing firm.

Hiring, training and supervising dedicated data-entry staff is extremely resource intensive from both a financial and human capital point of view. Data entry clerks make mistakes, get tired and don’t always perform at 100% capacity, 100% of the time. 

As your data entry needs and associated staff grows, you then need to hire managers and supervisors to oversee these employees, and review their work, adding additional costs to the process.

As you scale, your data entry costs will always increase faster than your team’s efficiency and throughput.

Outsourcing is a solution that is often touted for the issue of high costs, however it is not always possible depending on the confidentiality level of the documents. Outsourcing also does not solve the issue of error-rates, or the need to allocate resources to oversee, and review the work.

We solve all of these issues for our customers through the use of our AI powered Intelligent Document processing software. 

With our software solutions, you will be able to process crucial trade documents in about 30 seconds per page. 

Our software extracts all of the crucial information from the document, processes the data, and then makes that data easily searchable and accessible in near real-time, at a highly reduced cost when compared to manual document processing.

By eliminating manual data entry, your company can better allocate financial and managerial resources towards higher value activities, while also increasing accuracy, efficiency and saving money.

Accelerate Processing and Data Extraction From Critical Trade Documents

Not only is manual data entry expensive and error-prone, it is also very time consuming. 

Although machines and software still do not outperform people on high level tasks that require decision-making, judgment or high-level analysis, when it comes to repetitive, tedious tasks such as document processing, AI powered software is far superior to humans in both speed and accuracy.

By leveraging machine learning algorithms, our IDP solution can automatically process and extract information from crucial trade documents Additionally, our software can also perform complex analytics on the resulting data.

Our suite of advanced software tools can process a high number of large documents, 24 hours per day 7 days a week, in under 30 seconds per page.

This will allow your entire organization to gain timely access to crucial information, leading to better decision making amongst other benefits. 

Additionally, the financial and human capital savings will allow you to better allocate those resources, further increasing your company’s competitive advantage.

Further Increase Efficiency with Workflow and Business Rules Automation 

In addition to processing, and classifying data from documents in near real-time, our software greatly enhances your company’s ability to classify, analyze and act on this data rapidly through the use of AI powered automation and advanced analytics.

As documents are processed, the system can recognize data that lies outside the expected range, and notify the appropriate person automatically, reducing the need for manual intervention, and eliminating any delays.

Another area where our AI software can greatly improve efficiency is e-mail. 

Not only can our software automatically send outbound emails based on predefined criteria, you can also harness the power of AI to process and reconcile data from inbound emails. 

The use of workflow and business rule automation  further increases time and cost savings throughout your company, and provides advanced capabilities, at a negative incremental cost. As mentioned the use of our software provides our average client with net savings of over $100,000 per year, while greatly advancing their capabilities.

Conclusion 

The use of advanced artificial intelligence software in the food industry has forever transformed how companies process and manage documents. 

Our software solution offers a robust set of features that will help you increase your firm’s productivity, eliminate needless manual labor, and enable data-driven decision making.

Our software allows your organization to quickly process an unlimited number of documents incredibly cheaply. When combined with our software’s advanced analytics and automation modules, it is easy to see how this will provide your firm with a competitive advantage versus the current way of doing things.

Once implemented, our software quickly becomes an indispensable tool for our clients in the food industry that are looking to drive growth and maximize operational efficiency. 

Book a free, no obligation demo with one of our experts, to get a custom proposal for your company’s specific needs.