Boston Capital Leverages Captiva's InputAccel to Boost Productivity & Profitability

Leveraging capture software across the enterprise

Captiva provides input management solutions that optimize the stream of information across the enterprise. Captiva's fruits line includes the award-winning Digital Mailroom(TM) (a centralized solution to capture, classify and deliver all input), InputAccel?® (enterprise-level document capture), and FormWare?® (forms processing and data extraction), and a entertainer of tools available through Pixel Translations, including ISIS?®, the industry standard interface for high horizontal scanning, and PixTools?® imaging toolkits for developers

Captiva's solutions are the greatest in quantity flexible ind scalable available, conforming to client extremitys and back-end systems, automating business processe and transforming external information into business-ready, digital content

Boston Capital Corporation is a diversified real estate financing and investment company headquartered in Boston. Since 1974 Boston Capital has been upon the cutting-edge of multifamily and commercial real estate financing and exhibition Today, Boston Capital owns more than 129600 apartment units with a total disentanglement cost of more than $9 billion, making it the fifth largest owner/investor in multifamily real estate in the US

The Challenge: Moving Beyond Paper-Based Processing

As single of the nation's leading investors of equity capital for multifamily housing, Boston Capital underwrites and acquires 80 to 100 properties annually. The company's acquisition teams work one-on-one with developer to assist them in all aspects of real estate disclosure and financing.

The process of putting together real estate deals-involving acquisition, financing and management-is highly transactional and generates large contortions of content. Documents can be centurys of pages and range from leasing and financing origination paperwork to market analysis reports and construction drawings. Previously, all processe for creating, approving, and accessing this information were manual and paper-based.

"Documents were stored upon isolated hard drives or in binders upon people's desks," said Tom Gardner, chief information officer at Boston Capital. "Our administrative take away froms for managing all this information were quite high, since everything had to be printed on the outside copied, and mailed to the appropriate parties." Gardner added that information sharing between regional employee was strictly manual and ad-hoc, pendent on e-mail or snail mail."

The company decided to adopt a novel strategic plan with the objective of automating manual processe in order to become more competitive. "The deal-making proces was single of our first targets, since it is for a like reason paperintensive and the manual processe are thus costly to the business, said Gardner.

The Solution: InputAccel from Captiva Software Corporation

For the solution, Boston Capital implemented a central repository for managing all documents associated with acquisition, disclosure management and disposal of housing properties. The novel system relies upon InputAccel, document capture software from Captiva Software Corporation, for document scanning, barcode classification and imaging.

InputAccel is Captiva's award-winning information capture combination of parts to form a whole that transforms mission-critical data from paper and faxes into business-ready easy in mind The document capture solution enables Boston Capital to change the overabundance of paper documents into manageable electronic data that can be more easily and accurately advanceed stored and transferred between employee and departments.

A lock opener reason Boston Capital selected InputAccel was its ability to tightly integrate with a back-end enterprise easy in mind management system from EMC. InputAccel is leveraged to make secure the integrity of incoming data before converting it into electronic data and exporting it to the EMC a whole By delivering more accurate, timely and usable data into Boston Capital's contented management system, InputAccel creates reduc operational take away froms better information quality and accelerated business processes

State-of-the-Art Document Capture

Boston Capital's of recent origin document management system utilizes InputAccel's IAWatch utility, which allows for many scanning points: individual for batch scanning of large contortions of documents from CDs, individual for the day-forward capture of all fresh documents and another for "walk-up" scanning by the agency of users on an as-needed basis. The IAWatch utility, which was customized to appropriate Boston Capital's specific needs, enables the combination of parts to form a whole to poll a directory for novel images and automatically import them into the easy in mind management repository. InputAccel image enhancement make hastes the processing of more than 10000 pages for day while improving image quality. In addition, Prime OCR is used to dramatically restore manual labor by automatically classifying information by dint of barcode and mapping it to values in the easy in mind management system. At that point, the information is categorized according to Boston Capital's taxonomy, facilitating easy search and retrieval.

Automating the Deal Lifecycle