OnRamp Maximizes Your Financial Department with AI

Author: Paul Henriques in: News

OnRamp Maximizes Your Financial Department with AI

June 22, 2022

Collingwood, ON: OnRamp Solutions ERP system have achieved over 90% accuracy when using AI in the Form Recognition app to scan, save, and create records from received documents like invoices, receipts, purchase orders, and more. Constant work by the OnRamp Solutions development team for the past year has increased the scanning accuracy for documents to the point where weeks can go by with no scanning errors for received digital files.

Customers that have implemented the Form Recognition scanning solution have reported a 90% decrease in staff hours spent manually entering data and a 97% decrease in errors created by incorrect entry. This decrease in time spent inputting data has led to a better use of staff hours at a time when staffing is on everyone’s minds.

MJ Renton, Mancor Industries controller and one of the key promoters of the Form Recognition module, had this to say about it: “I used to have a box under my desk where I would toss invoices after they had been entered and scanned into my ERP system. Now, that box is always empty. All I do when get to the office is review the previous night’s import while sipping my morning coffee.”

Senior developer in charge of the project, Kris Jessome, stated “I’m just really happy with all the work from the team in building this module and in the support teams in setting up the system at our various customer sites”. Kris followed up with “I’m just hoping that by this time next year, we can add more documents to our scanning process while getting all our customers these same success rates”.

About OnRamp Solutions: OnRamp Solutions Inc. is a software company that makes a discrete manufacturing-centric ERP (Enterprise Resource Planner) system that was designed from the ground up by manufacturers and for manufacturers. Founded in 2004, it has continuously developed the OnRamp ERP with the Lean Methodology while taking advantage of new technology to innovate and revolutionize the manufacturing sector.

Author

  • Paul Henriques

    Paul Henriques is the current Manager for the Documentation and Training team at OnRamp Solutions Inc. Paul has over 15 years of experience in writing training material and documentation for various software companies. Having had to learn OnRamp ERP to better document it’s features and write training material; Paul is constantly stunned by the amount of thought that goes into each feature and the capabilities that are within the program, with features for all the various business units of a manufactory. Paul spends most of his free time keeping up to date on all the latest news and best practices for the manufacturing sector. Paul’s favorite manufacturing quote: “There is one rule for the industrialist and that is: Make the best quality of goods possible at the lowest cost possible, paying the highest wages possible.” – Henry Ford

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