Prime Vision’s Form Vision is designed to automatically convert handwritten fax or scanned data into digital form. Our advanced HYCR™ character-recognition technology makes Form Vision one of the fastest, most reliable and accurate character-reading systems in the world. Bank Vision is a valuable tool for organisations that need to process large and complex flows of handwritten forms sent by either fax or post. Manual data-entry work can be reduced by at least 70%. Through these efficiency gains, employees can be freed for other work or your business can process increased flows of forms without extra staff. Quality improves markedly because of accuracy increases.
Why invest ?
First and foremost, Bank Vision will save you money. Bank Vision enables you to process larger data flow without extra investment in personnel. Your financial savings go hand-in-hand with a marked improvement in the quality of the data-entry process - HYCR™ reads data with a reliability that is significantly higher than that of manual data-entry. Signatures are automatically verified to a consistent high level of quality.
Some say : ‘ I’d rather invest in new technology ’
Internet payment technologies have led to a decrease of volume of paper documents. Nevertheless you may still have many thousands of documents to process! Increased read rates and quality ensure you don’t need to concentrate your management attention on the physical document process. You can focus on your Internet portal instead!
DID YOU KNOW?
- Prime Vision processes more than 200 million
financial documents each year!
- The quality of recognition is ± 25% better than two people who are keying independent from each other the same document!
- Prime Vision is the OCR partner for the global ING
Features
Bank Vision is a turnkey system, available as a separate module that can be integrated with almost any other system. Prime Vision can offer broad experience and expertise in system integration in co-operation with other system integrators.
The features of the system are:
Modular, scaleable design
o Configurable to meet your needs
o Recognition of almost every field on a bank document:
o Amount field
o Bank Account
o Machine printed OCR B line
o Description Field
o Date Field
o Name Field
o Signature Presence
o Barcodes
o Form Recognition Algorithms; multiple different forms can be processed in parallel.
o Fraud Prevention Modules can be included to the system
o Signature Verification (see Similar SIGN)
o Writer Identification
o Multiple languages are supported
o All European languages
o Specific trained recognisers for the United States
o Hebrew (including Hebrew hand print) and other non-Latin characters
o Image Archiving for tracking and tracing purposes
Specifications
Bank Vision works with an image of the payment slip. Results are provided field by field, with a corresponding reliability value. Data recognised with satisfactory reliability are ready for immediate further processing. Insufficiently reliable data can be entered manually.
The system design is very simple and guarantees that the system will work 24/7. You can add several different modules to the system, depending on your wishes and needs. Are you looking for a customer specific module? No problem! We can develop this for you too.
Bank Vision reliability is very high. The recogniser can be calibrated to outperform double, independent, manual-entry tests. Performance is remarkable - more than 70% of numeric-free fields on Dutch banking orders are read with a maximum error margin of 0.03%. When you use the OCR engine for controlling the manual process, more than 92% of the work is done automatically! It is amazing.
By the way, did you know Bank Vision can process more than 12 documents per second on one computer?
Financial
Bank Vision represents a very powerful business case for the financial market. Better utilisation of your investment in automation and reducing manual handling to a minimum can generate huge cost savings for your business.
Prime Vision likes to make life simple. This also applies to the license model for Bank Vision, as follows:
• You pay a one time fee for the licence;
• This full licence gives you freedom to perform: e.g. no restrictions on the amount of documents you are processing nor on the amounts of computers you are using.
• No recurring (annual) costs or costs per document / recognition;
• ‘No Nonsense’ guarantee: before contract signature we’ll guarantee to you the read rates we’ll achieve. And our ‘no cure no pay’ promise gives you the certainty: no surprises!
• We can offer a 24x7 Service contract which is available for this product. Check our information about Services .
Contact our sales team today for a consultation and we will be pleased to provide a personalised return on investment study for your business.
