Connect with us

Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website. .

Top Stories

TRANSALIS AND ABBYY FORM PARTNERSHIP FOR HOLISTIC APPROACH TO DATA PROCESSING IN THE CLOUD 

TRANSALIS AND ABBYY FORM PARTNERSHIP FOR HOLISTIC APPROACH TO DATA PROCESSING IN THE CLOUD 

Partnership to provide powerful integrated advance capture solutions available through resellers

ABBYY, a leading global provider of technologies and solutions to action information, and Transalis, the UK’s number one provider of B2B Digital Integration Managed Services, today announced a strategic alliance to help organisations unlock the value of information to realise the true benefits of Integration Brokerage – connecting multiple, disparate data sources for one single view of assets.

As enterprise information continues to grow, with processes becoming outdated and operating models becoming increasingly strained, organisations are struggling to know where to begin with the journey to the digital enterprise. Organisations continue to look to new technology to streamline their operations.

Together, ABBYY and Transalis will help customers navigate the digital landscape by transforming paper to digital information, the core building block, before moving to more advanced capabilities, such as accessing and sharing information on demand, to understanding and acting upon information in real-time to drive competitive advantage.

“Data is the abundant new raw material, but knowledge is the final product”, says Jonathan Darbey, product group head data capture at ABBYY. “The challenge is everything in between and how to go from one state to the other. Our joint belief is that data is step 1, information is step 2 and knowledge is step 3 – each phase adding incremental capabilities in order to enable the end goal – step 4 – action”.

The joint effort of the companies will bridge the gap between machine and human language, so that enterprise applications and services become more natural, more personal and more valuable.

“ABBYY solutions and technologies provide key components for accessing and analysing information,” says Adam Swanson, Transalis Sales Director. “Combining them with Transalis cloud solutions such as OpenEDI, DataCapture and YourAnalytics, our customers can not only process information from all of their documents within one IT solutions suite, but also tackle the challenge of understanding unstructured content from big data and Internet of Things (IoT) scenarios.”

This new partnership opens up the ability to automate highly repetitive business tasks such as invoice data capture. Business-critical information can be captured from various document formats – including images and scans – and can then be transferred back-to-back with EDI generated data into customers’ information systems, workflows and processes.  For the first time, all data, structured and unstructured can be used for Supply Chain decision-making, in real-time.

Global Banking & Finance Review

 

Why waste money on news and opinions when you can access them for free?

Take advantage of our newsletter subscription and stay informed on the go!


By submitting this form, you are consenting to receive marketing emails from: Global Banking & Finance Review │ Banking │ Finance │ Technology. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Recent Post