Struggling under a pile of invoices? Electronic Data Capture could be the answerManually keying in invoices does not sound like much of a financial burden. But once you take into account the time it takes to properly input an invoice, and how many invoices you work with, you realise that it can actually put a significant drain on your revenue and efficiency.

Not to mention, accuracy is a major concern. You need your workers to speed up, but speeding up may cause them to make serious errors. And incomplete or erroneous invoices on your system can have highly detrimental effects on many different business areas: projections for the next quarter, customer services, cashflow and much more.

Yet you need your invoices to be digitised. What's the solution?

Formic Fusion is a revolutionary Electronic Data Capture computer programme that can read, extract and process data from any document. This is particularly beneficial when it comes to invoicing, but think about all the other possibilities - customer satisfaction surveys and account applications are just two. Imagine if all your invoices were digitised accurately, affordably, and far more quickly than if they were being keyed in manually.

There are huge benefits to Formic Fusion:

• Ease of Use: The system is easy to set up, has only a very small learning curve and is instantly recognisable to Microsoft Word users.
• Data protection: Digitised data can be backed up off-site and won't get ruined if you suffer from a flood.
• More office space: With your account applications digitised, you can get rid of those hefty filing cabinets that you really don't like.
• Accuracy: The system is incredibly powerful and extracts your data professionally. The capacity for human error is greatly reduced and you get complete peace of mind that your invoices have been recorded accurately.
• Financial benefits: There are significant financial benefits to using Formic Fusion, saving you a huge amount of money over time. See below for the breakdown.

The program saves on average 2 minutes 24 seconds per recorded invoice. If you deal with 90,000 invoices a year, that equals 216,000 minutes, or 3600 hours. That's 480 days. Which would require two people employed full time at around £20,000 per annum.

That means Formic Fusion could save you up to £40,000 a year.

Not convinced yet? Give First Choice Business Systems, who specialise in offering Electronic Data Capture and custom print solutions for businesses of all sizes, a call on 0800 072 3747. They partner with Formic and can give you professional, courteous adviced tailored to your business needs.