Building the next gen IDP solution.
Today, almost 80% of accounts payable teams feel that lack of automation is a barrier to making progress in their roles. Constantly changing document layouts, slow validation interfaces, and legacy on-premise architectures make achieving high automation rates difficult. Reeder's modern cloud-based document automation platform solves these challenges and helps you get your AP documents from start to finish, fast.
Is it time for a Next Gen IDP Solution?
Enterprises carry on struggling with IDP solutions as they aspire to achieve straight through processing. We studied the key challenges and designed Reeder to specifically address those challenges.
Lack of reliability
Enterprises struggle to mitigate human in the loop constraints in their straight through processing goals. The lack of a scientific approach to provide output reliability is at the heart of this problem.
That’s why we created our proprietary mathematically arrived scientific reliability index so you can achieve straight through processing.
Training challenges
Through our 100 yrs of IDP experience and implementation journeys we learnt the pain clients go through for training ML models. Training creates a gestation period making implementations less predictable and frustrating.
We have created pre trained models which are plug and play to make implementations easy and fast.
Long implementation cycles
Enterprises struggle with long implementation cycles for IDP roll outs. This is driven by various factors. In some cases implementations are abandoned as the learning outcomes struggle to reach productive thresh holds.
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Our ai infused models are faster to deploy as they come with a baseline performance from day one.
High set-up costs
Time is equal to cost. Long deployment cycles lead to high set up costs and more importantly cause friction in the teams with lack of productive outcomes. Frictionless deployment journeys are critical to automation success both financially, operationally and for long term adoption and sponsorship of programs.
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We understand this and have created Reeder to meet these very goals, to eliminate friction from your implementations.
Conventional document processing systems struggle to keep up with the volume of unstructured data. They lack automation capabilities, and can be prone to errors. Next-gen IDP solutions achieve faster processing times, higher accuracy rates, and better decision-making capabilities by providing more comprehensive and accurate insights into data.
What does a Next Gen IDP solution entail?
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Empowering Your Enterprise.
Features
Reeder's Next Gen IDP capabilities and advanced features offer comprehensive solutions that improve the speed, accuracy and efficiency of simple to complex document processing tasks.
Cloud First
Hosted platform. No downloads, no maintenance headaches
Enterprise Scale Controls
Create and maintain hierarchies, roles, functions and access rights.
Multisource Aggregated Reliability index
Guarantees the accuracy of data captured
Auditable
Every user actions are captured and are available on Audit Trace.
Flexible Workflow
Work allocation ques and distribution module to set priorities
Reviewer has several options to confirm, postpone or delete documents while reviewing
Documents can be injected to process either on demand, frequency or through a scheduler.
Plug and Play AI
Pre-built Machine Learning model. No need to start from the scratch. Start invoice processing with more than
90% accuracy instantly.
Cognitive UI for faster manual intervention
Easier User Interface to review Invoices or Documents.
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Users has the option of reviewing only those data elements which are in doubt by color coding, there by achieving Straight Through Processing.
Configuration module
Configuration module to set up varieties of default settings
User-driven.
HILML Ready
Learn on the go. No need to train the exceptions manually. Built in AI mechanisms makes the process easier.
Flexible Integration into 3rd party systems
Export of data to various formats like JSON, CSV, XML
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Similarly export of data can be either on demand, frequency or through a scheduler.
Reeder is designed by a team with over 100 man years and half a billion documents processed on their platforms from across industries. The team has a track record of build industry leading platforms recognized by leading analysts like Everest, Forrester, HFS, IDC amongst others.
The ability marry operational experience with technology expertise has allowed us to create a platform that does what it says “Reads” just like you would.
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