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What is TOCR?

Since it was launched in 2002, we have consistently refined our OCR engine, referred to as TOCR. Over the years, TOCR has evolved from an innovative software tool into a robust, scalable, and highly accurate solution embraced by numerous governmental bodies and corporate entities around the globe. With its design prioritizing seamless integration, TOCR is mainly favored by large-scale integrators in search of a thoroughly vetted solution. At the heart of Transym's mission is a dedication to delivering unmatched accuracy and reliability. In the last decade, we have significantly upgraded TOCR to provide a remarkable range of benefits for integrators. Ensuring precision in high-volume document scanning is crucial for enhancing cost-effectiveness, especially when compared to traditional manual data entry methods. Extensive research by OCR specialists at Prime Recognition in the United States reveals that a staggering 66% of all lifetime imaging costs arise from the need to rectify errors, underscoring the critical nature of accuracy in this industry. This statistic not only highlights the significance of our advanced OCR technology but also reiterates its role in assisting businesses to reduce expenses while improving operational efficiency. As we continue to innovate, we remain committed to solving the challenges faced by organizations in managing their document processing needs.

What is Altair Pension Administration?

Altair is a versatile and secure pension administration platform specifically designed for retirement systems and their managers, offering a wide array of functionalities such as benefit calculations, automated workflows, document management, bulk processing, and ensuring compliance with regulations within a unified system. Equipped with a powerful calculation engine, it effectively handles complex individual and bulk computations while enhancing daily workflows with automation to reduce manual intervention. The platform also supports secure creation, export, and archiving of documents, maintaining thorough audit trails throughout the process. Additionally, it can efficiently process large volumes of statements, benefits, and pension increases. Hosted on a U.S.-based infrastructure compliant with FedRAMP standards, Altair features role-based access controls, multi-factor authentication, and provides real-time dashboards along with self-service reporting capabilities via its Insight module. Moreover, Altair is designed for seamless integration and migration, catering to the regulatory frameworks of various states, which broadens its applicability across different pension scenarios. Its extensive functionalities position it as an excellent solution for administrators aiming to enhance and modernize their pension management strategies, ultimately leading to improved operational efficiency and better service delivery to beneficiaries.

Media

Media

Integrations Supported

Integrations Supported

Anitian FedRAMP Comprehensive

API Availability

API Availability

Pricing Information

$40 one-time payment

Pricing Information

Pricing not provided

Supported Platforms

Windows

Supported Platforms

SaaS

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Not specified

Training Options

Documentation Hub
Online Training

Company Facts

Organization Name

Transym Computer Services

Date Founded

1980

Company Location

United Kingdom

Company Website

www.transym.com

Company Facts

Organization Name

Heywood

Date Founded

1975

Company Location

United Kingdom

Company Website

heywood.com/us/products/pension-administration/altair

Categories and Features

Document Management

Collaboration Tools
Compliance Tracking
Document Archiving
Document Retention
File Recovery
File Type Conversion
Offline Access
Optical Character Recognition

Categories and Features

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