Case Study: Leading Publishing Giant achieves 99.5% accuracy and streamlined accounts receivable with Datamatics' iPRM and TruOCR

Streamlined Accounts Receivables Process For A Leading Publishing Giant

Leading Publishing Giant, a publicly traded American publisher based in Sacramento operating 29 daily newspapers, faced a fragmented accounts receivables process spread across regions and long manual processing cycles that caused payment and allocation delays. They engaged Datamatics to centralize and streamline AR operations using automation and intelligent capture technologies.

Datamatics implemented its iPRM intelligent workflow integrated with the customer’s PeopleSoft ERP for auto-approvals and auto-routing and deployed TruOCR for automatic document reading and data capture. The Datamatics solution centralized AR, reduced manual effort and turnaround time, and delivered 99.5% accuracy in processing.