Characteristics of a Transactional Document Solution
Transactional documents can be high-volume…often in the millions of documents, so the taxonomy to classify these documents needs to be robust to be able to find the proverbial “needle in the haystack”. DocuNECT intelligent document capture solution can scale to ingest large quantities
Extracting the data to live within a database allows more powerful queries and data analysis. Transactional systems typically require more upfront planning and thought to make sure these taxonomies are correct and will stand the test of time. By comparison collaborative systems can be easier to setup which is why cloud-based solutions tend towards this functionality to reduce the initial onboarding to quickly capture the customer base.