Document Processing with Artificial Intelligence
Apart from offering cloud accounting solution, we also provide data processing service to our partners such as accounting firms and audit firms. At this article is written, we have office base in Kuala Lumpur (Puchong) and Johor Bahru to serve our customers and partners within the states. Our state-of-art technology has enable new service for our partner for document processing in big numbers!!! We divide our solutions into three areas: technology, process and people.
The Right Technology
We do understand well that the most common effort spent is mostly related with data entry or data processing. There are many raw data or documents that need to process within short time, and it contain high risk of errors. So this activity mostly consuming most of time and effort. Based on our own survey and market research. One month period, commonly 76% of time will be spending on processing data (gathering, processing, filing, etc). The high value activity such as producing financial reports take only 18% of the time.
We dig deeper, what makes the first part takes lots of time. It falls under common two reasons. first, using spreadsheet (excel) for recording data. Second will be checking each documents to ensure the amount are accurate. Does these two things also happen in your accounting or audit firms too? It is not surprise that most accounting firm having a hard time to scale their business. Scaling means the needs to hiring more people and getting more office spaces. This also will put the company into inflexibility with overhead risks.
Workspez adopting artificial intelligence on document processing solution in order to maximise time on document processing and reducing errors and inefficiency. We have our data team that works efficiently processing large amount data in short time. The processed data from our solution able to import to common accounting solutions in Malaysia.
The Right Process
We understand that each partners has different needs, so our process enable our partners to have more options and value-added activity for each process chain. Be it in the document gathering, processing, filling, producing digital data, or up to preliminary reports. If you have unique requirements or needs, our technology consultants will be ready to assist. Perhaps you have some unique ways on doing business, our process able to cater that as well.
The Right People
This may be the hardest element among all. Yes, getting the right people always constant challenges in mostly everywhere. Workspez spend big efforts on training our consultants to be up-to-date with any financial and accounting changes, familiar with technology, as well as providing great service.
We always strive to give our partner top service and to help them scale to greater level. Common benefits that our partner enjoy are: flexibility to scale up and down, and increase service quality to their customer. Few of our partner success story, they are able to gain 60% more customers with their current resources. so do contact us if you want to know more by clicking Contact Us