According to a new press release, “Ripcord, the first robotic digitization company dedicated to creating a truly paperless world, today announced an agreement with Coca-Cola Bottlers’ Sales & Services, as well as new global sales wins with MUFG of Japan, new updates to its flagship SaaS software Canopy product, and a new company website to reflect its brand focus of delivering engaging digital experiences. The announcements confirm that enterprises globally need integrated digitization solutions to achieve digital transformation. In a recent survey, conducted at ARMA InfoCon 2019, 93 percent of content management professionals believe extracting smart data from paper records revolutionizes the value of that data for the business, with 70 percent saying the way to achieve this is with digitized records — something exemplified in the use cases Ripcord is announcing today.”

The release goes on, “Coca-Cola Bottlers’ Sales & Services (CCBSS), which supports the fulfillment for The Coca-Cola Company customers, has selected Ripcord to digitize the document lifecycle for 72 bottlers across the U.S., Canada and Mexico. Ripcord will work with CCBSS to automate document capture of key fulfillment and logistics records using robotics and AI, enabling further robotics process automation and digital transformation for the organization. Ripcord will be responsible for digitizing 25 million proof of delivery documents per year. According to The Hackett Group research, procurement organizations can achieve a cost reduction of 45 percent or higher with a complete digital transformation.”

Read more at Business Wire.

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