The Newark Housing Authority Purchases ancora Software with CoreIntegrator to Automate Accounts Payable
SAN DIEGO, Aug. 13, 2020 /PRNewswire-PRWeb/ -- ancora Software, Inc. an industry leader in Intelligent Process Automation including Intelligent Document Classification and Advanced Data Capture partnered with CoreIntegrator Enterprise advanced AP workflow solution would like to welcome Newark Housing authority to its rapidly growing list of ancoraDocs customers.
The Newark Housing Authority oversees over 12,000 units throughout the City of Newark and it is the largest housing authority in the State of New Jersey. The agency was created under the Federal Housing Act of 1938 to address blighted conditions and a shortage of affordable housing.
The Newark Housing Authority wanted to find a solution that would help them automate a paper driven process, help minimize and eliminate human touch points and provide a way for their employees to easily process invoices from home during the current pandemic. The combined solution of ancora Software and CoreIntegrator Enterprise provided them exactly what they needed.
The combined solution of ancoraDocs and CoreIntegrator will provide a complete end to end procure to pay solution. The complete solution includes procurement and budget workflow, document separation and data extraction, invoice approval workflow and the final release of the data into Newark's accounting system.
ancoraDocs is available either on premise or as a true multi-tenant cloud service hosted by ancora on Microsoft Azure. It can also be deployed as a hybrid solution, utilizing zero footprint browser-based clients. "ancoraDocs is designed to bring simplicity to a market where applications have historically been complex and overpriced, as well as difficult to configure, install, use, and maintain," said Noel Flynn, CEO at ancora Software. "Using our patented machine learning algorithms requiring no templates or prolonged setup ancoraDocs can be deployed in a matter of hours or days, not the weeks or months you often see with traditional capture. The software learns based on the user interaction with the product. This helps users start realizing their benefits sooner and produces a faster time to ROI. In addition, it opens the market to SMB organizations, which have historically not been able to take advantage of automated document capture due to the significant costs of getting started."
CoreIntegrator Enterprise is a powerful business automation solution that can be tailored to automate any business process. With over 20 years of experience, they have a library of pre-built solutions including AP automation, procurement automation and HR automation. CoreIntegrator Enterprise is completely customizable to client's specific business process. So instead of making clients change their business process to automate it, CoreIntegrator will custom tailor automation to their specific process.
"In these crazy times of the Covid-19 pandemic with the uncertainty of work environments our customers are looking for ways to automate their processes, do more with less, minimize human touch points and provide solutions making it easy for their employees to work from home," said Nick Bova, VP of Sales & Marketing at ancora Software. "Our solutions provide that, and we are very happy to help The Newark Housing Authority achieve their goals around this functionality," added Bova.
About ancora Software
ancora Software, Inc. is an innovative provider of Intelligent Process Automation solutions including Intelligent Document Classification and Data Capture. ancoraDocs, our flagship product, was developed to bring simplicity to a technology that historically has been complex, over-priced, and difficult to configure, install, use, and maintain. Our Business Process Automation solutions with patented artificial intelligence and machine learning technologies help companies eliminate costly manual steps in their business processes such as document classification, document analysis, manual data entry, manual filing, etc. Businesses using ancora Software achieve faster and less expensive business process automation and better controls over valuable critical information. Headquartered in San Diego, CA, ancora Software maintains sales and support operations throughout North America and the UK.
For more information about ancora Software, Inc. visit http://www.ancorasoftware.com
About CoreIntegrator, LLC
At CoreIntegrator, we provide our customers with solutions that focus on innovative features built into intuitive software offered at a value-based price point. CoreIntegrator is quickly becoming recognized as the world's best provider of business process automation software solutions making a user's workday more efficient and businesses more profitable. 'We Make People More Productive'.
Since the late 1990's, CoreIntegrator Workflow Solutions have been an industry leading software platform for the Accounts Payable 'Procure to Pay' market. The versatility and ability to 'Automate Virtually Any Business Process' has allowed CoreIntegrator Workflow Solutions to be adopted globally by thousands of users in both large and small organizations in almost every industry.
For more information about CoreIntegrator, visit http://www.coreintegrator.com
About Newark Housing Authority
The Newark Housing Authority, celebrating 80 plus years of excellence, is the affordable housing authority in Newark, New Jersey, providing Section 8 and public housing.
For more information about Newark Housing Authority, visit http://www.newarkha.org
SOURCE ancora Software, Inc.
