A2iA Recognized For Helping Community Banks Better Serve Their Customers
Hyland Software's OnBase solution with A2iA CheckReader™ named ‘Honorable Mention' by BankNews Innovative Solutions Awards.
A2iA, the worldwide leading software developer of tools for handwritten and machine-printed text recognition, data extraction, and the intelligent classification of paper documents, announced recently that it has received an Honorable Mention designation in the 2010 BankNews Innovative Solutions Awards for the nomination submitted cooperatively with Hyland Software.
With more than 2,000 votes cast, the Innovative Solutions Awards recognize solutions that have significantly enhanced products designed to help community banks better serve their customers.
Hyland Software's OnBase solutions, including the branch capture module with A2iA CheckReader™, a comprehensive check-processing toolkit, enables financial institutions to perform batch capture of check images and recognize the associated MICR line, allowing them to take advantage of Check 21 processing. The dollar amount of each check is also captured automatically with A2iA CheckReader's CAR/LAR (Courtesy Amount Recognition / Legal Amount Recognition) functionality. As a built-in feature of A2iA CheckReader, the toolkit utilizes its proprietary, advanced neural network and artificial intelligence to detect mismatched CAR / LAR amounts in real-time. Then, the check images are looked at for image-quality and balanced at either the branch or in the back-office. Once the batches are balanced, they are imported and archived to OnBase for permanent storage and for further Check 21 processing.
Financial institutions utilizing this integrated solution see tangible benefits, including:
- Reduced manual efforts by the teller.
- Reduced costly transaction errors.
- Increased processing speeds.
- Improved fund availability with shortened float times.
The OnBase solution with A2iA CheckReader is available worldwide through Hyland. For more information, visit www.hyland.com.
A2iA, Artificial Intelligence and Image Analysis, is the worldwide leading developer of handwritten and machine printed text recognition, information extraction and intelligent document classification toolkits. By enhancing solutions from systems integrators and independent software vendors, A2iA allows complex and cursive data from all types of forms, documents and checks, including unstructured handwritten letters, to become part of a structured database, making it searchable and reportable, with the same level of flexibility as printed or digital data. The company's proprietary OCR, ICR and IWR toolkits do not contain any third-party technology and are available in 23-country versions and 6-languages. Proven to reduce costs and nearly eliminate data-entry and manual document processing, A2iA's technology has been improving business process automation and providing a visible ROI for nearly 20 years as it enhances forms-processing, transaction-processing, content management, document management, and knowledge management systems worldwide. For more information, visit www.a2ia.com.
About The Hyland Software Solution, OnBase
One of the world's largest independent ECM software vendors, Hyland Software is the developer of OnBase. An award-winning suite of document and process management solutions, OnBase has a proven record of solving problems resulting from time consuming, costly and error plagued manual tasks. Available on-premises or as software as a service (SaaS), OnBase installs quickly, cost effectively and is designed to grow with organizations. Today, people at more than 9,500 organizations in 67 countries have the time to do the things that really add value thanks to OnBase. For these and other successes in its 20-year history, Hyland Software is a Leader in the Gartner Magic Quadrant for Enterprise Content Management, 2010. For more about how document management software is helping organizations to solve their operational problems, go to http://blog.hyland.com.
SOURCE: A2iA Corporation