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Follett Higher Education Group

Client

Follett Higher Education Group, Chicago, USA

Project Name

Automation of Accounts Payable processes

Systems Integrator

IKON

Products

PROSAR-AIDA, PROKEY

Publications

Case Study FHEG (PDF)
   

The Company

Follett Higher Education Group is a college and university bookstore management company that is part of the $2.0 billion Follett Corporation. Follett manages stores on more than 746 nationwide campuses and provide management systems, support services and used textbooks to over 1,800 independently managed bookstores.

Stocking over 100,000 titles, Follett is the industry′s largest wholesalers of used books to higher education. In 2004 Follett sold 4.9 million items of clothing and 23.4 million textbooks.

   

Project description

Beginning in 2004, IKON and Paradatec implemented an automated data capture system for Accounts Payable using Captiva’s InputAccel document imaging platform, Paradatec’s PROSAR-AIDA OCR & ICR technology and interfacing to a Lawson payment system.

The following is a summary of the system’s statistics as of 2005.

  • Up to 30,000 pages per day are scanned into the system.
     
  • Three scanners are used, connecting to three PROSAR-AIDA systems via InputAccel.
     
  • There are a total of eleven different document types identified by PROSAR-AIDA.
     
  • More than 30,000 invoice vendors.
     
  • Credit memos are also processed.
     
  • Vendor numbers are extracted via a sophisticated database lookup that is tolerant to differences in address formats between the vendor database and the invoice vendor address.
     
  • In our current phase we are completing a scheme where purchase order numbers are extracted and are compared to items in Follett’s purchase order database (three-way match).
     
  • Canadian stores and vendors are also supported.
     
  • Routing to the appropriate person (for exceptions or based on the dollar value of an invoice) is automatic, based on the PROSAR-AIDA results file and carried out by another tool.
     
  • The entire PROSAR-AIDA OCR process typically takes around 1.5 seconds per page.
     
  • The system has been running without interruption since production.
   

Further Information

Paradatec arranges reference site visits to Follett’s office in Oak Brook, IL (Chicago) upon request. For more information, please contact us at the address below:

Paradatec, Inc.
P.O. Box 822
Loveland, OH 45140

Phone: 513-583-1382
Fax: 775-908-4145

sales@paradatec.com

 

 
 
 
 
 
 
 
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