Straight Through Processing - Document Automation InvoiceData AccountsPayable Extraction: Workflow Accuracy AccountsReceivable/AccountsPayable(AR/AP),whichoperates This is becausewith a tuned onthedataitself, is a bit more involved when measuring STP. As system, certain data can be previously discussed, we must measure not by the percentageof accepted as accurate and not invoices that have data accurately extracted, but by the require any data review or percentage of data that is extracted correctly. This takes us to entry. Thisleaves only a measuring not by document, but by data field; there is no such relatively small percentage of thing as STP at the invoice level, but significant gains in data tobemanaged. For productivitycanstillbe achieved. invoices, Parascript software can automate dataentry of about 85% of the datafields from a these transactional documents. This leaves only 15%of the remaining data on averagefor manual dataentry. Let’s say an organization deals with 5000 documents per day.If it takes 25 seconds to locateand perform data entry on 15 fields, automation can reducethe number of fields handled manually to about tworesulting in a total daily time savings of almost 30 hours. Again,thekey measure isthe reduction in the amount of manual tasks, this time measured at field-level data entry, not invoice-level work. 20