Apart from offering a cloud accounting solution, we also provide document processing service to our partners such as accounting firms and audit firms. This article is written, we have an office based in Kuala Lumpur (Puchong) and Johor Bahru to serve our customers and partners within the states. Our own technology has enabled document processing with artificial intelligence for our partner that requires to process document 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 to data entry or data processing. There are many raw data or documents that need to process within a short time, and it contains a high risk of errors. So this activity mostly consuming most of the time and effort. Based on our own survey and market research. One month period, commonly 76% of the 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, which makes the first part takes lots of time. It falls under common two reasons. first, using a spreadsheet (excel) for recording data. The second will be checking each document to ensure the amount are accurate. Do these two things also happen in your accounting or audit firms too? It is not surprising that most accounting firm having a hard time to scale their business. Scaling means the needs of 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 solutions in order to maximize time on document processing and reducing errors and inefficiency. We have our data team that works efficiently processing large amounts of data in a short time. The processed data from our solution able to import to majority accounting solutions in Malaysia. This is why our document processing with artificial intelligence favorable to our customers and partners.
The Right Process
We understand that each partner has different needs, so our process enables 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 of doing business, our process able to cater to 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 spends 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.
Document Processing with Artificial Intelligence
We always strive to give our partner top service and to help them scale to a greater level. Common benefits that our partners enjoy are flexibility to scale up and down, and increase service quality to their customers. 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