The Newark Housing Authority looked for a solution that would automate their accounts payable from a paper driven process. Their priority was to minimize or eliminate human touch points. And provide a way for their employees to easily process invoices from home during the current pandemic. The combined solution of ancora Software and CoreIntegrator Enterprise provided exactly what they needed.
CoreIntegrator Enterprise advanced AP workflow solution partnered with ancora Software, Inc. to successfully automate accounts payable for the Newark Housing Authority.
The Newark Housing Authority oversees over 12,000 housing units throughout the City of Newark. It is the largest housing authority in the State of New Jersey. Created under the Federal Housing Act of 1938, the agency addresses blighted conditions and a shortage of affordable housing.
The Newark Housing Authority wanted to find a solution that would:
- Automate their paper driven process.
- Minimize or eliminate human touch points.
- Enable their employees to easily process invoices from home during the pandemic.
The combined solution of ancora Software and CoreIntegrator Enterprise provided them exactly what they needed.
A Complete Procure to Pay Solution
The combined solution of ancoraDocs and CoreIntegrator Enterprise creates an end to end procure to pay solution. The complete solution includes procurement and budget workflow, document separation and data extraction, invoice approval workflow and the final release of the data into Newark’s accounting system. It also provides automated 2-way or 3-way PO matching.
OCR Made Simple for Automating Accounts Payable
ancoraDocs is available either on premise or as a true multi-tenant cloud service hosted by ancora on Microsoft Azure. Customers can also deploy it as a hybrid solution, utilizing zero footprint browser-based clients.
“Data capture applications have historically been complex and overpriced. And difficult to configure, install, use, and maintain. ancoraDocs brings simplicity to the market,” said Noel Flynn, CEO at ancora Software.
“Our patented machine learning algorithms require no templates or prolonged setup. So we can deploy ancoraDocs in a matter of hours or days, not the weeks or months you often see with traditional capture.
The software learns based on the user interaction with the product. This helps users start realizing the benefits of accounts payable automation sooner, producing a faster time to ROI.
In addition, it opens the AP automation market to small and medium sized organizations, which have historically not been able to take advantage of automated document capture due to the significant costs of getting started.”
Powerful Business Automation for Accounts Payable
CoreIntegrator Enterprise is a powerful business automation solution. It can automate any business process.
With over 20 years of experience, we a library of pre-built solutions including AP automation, procurement automation, and HR automation.
CoreIntegrator Enterprise is completely customizable to client’s specific business process. So instead of making clients change their business process to automate it, CoreIntegrator will custom tailor automation to their specific process.
“In these crazy times of uncertainty our customers are looking for ways to automate their processes, do more with less, minimize human touch points, and provide solutions that make it easy for their employees to work from anywhere,” said Matt Wald, CMBDO at CoreIntegrator. “Our solutions provide that, and we are very happy to help The Newark Housing Authority achieve their goals around accounts payable automation,” added Wald.
About ancora Software
ancora Software, Inc. is an innovative provider of Intelligent Process Automation solutions. Among them are Intelligent Document Classification and Data Capture. ancoraDocs, their flagship product, was developed to bring simplicity to a technology that historically has been complex, over-priced, and difficult to configure, install, use, and maintain.
Their Business Process Automation solutions with patented artificial intelligence and machine learning technologies help companies eliminate costly manual steps in their business processes such as document classification, document analysis, manual data entry, manual filing, etc.
Businesses using ancora Software achieve faster and less expensive business process automation and better controls over valuable critical information. Headquartered in San Diego, CA, ancora Software maintains sales and support operations throughout North America and the UK.
For more information about ancora Software, Inc. visit http://www.ancorasoftware.com
About CoreIntegrator, LLC
At CoreIntegrator, we provide our customers with solutions that focus on innovative features built into intuitive software offered at a value-based price point.
CoreIntegrator is quickly becoming recognized as the world’s best provider of business process automation software solutions making our customers more efficient and their businesses more profitable. ‘We Make People More Productive’.
Since the late 1990’s, CoreIntegrator Workflow Solutions have been an industry leading software platform for the Accounts Payable procure to pay’ market. The versatility and ability to automate virtually any business process’ has allowed CoreIntegrator to be adopted globally by thousands of users in both large and small organizations in almost every industry.
Why not request a demo today and see what we can automate for you!
About Newark Housing Authority
The Newark Housing Authority, celebrating 80 plus years of excellence, is the affordable housing authority in Newark, New Jersey, providing Section 8 and public housing.
For more information about Newark Housing Authority, visit http://www.newarkha.org
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