High volumes of paper passing through Accounts Payable departments can prove a serious administrative challenge. Invoice Extraction is a cost-effective solution that automatically extracts key information from the Header, Totals, VAT etc via different media formats using NON-TEMPLATE methods.
• Invoices arriving via email are automatically imported including attachments
• Paper invoices are scanned and imported
• Highly accurate Optical Character Recognition (OCR)technology will identify all relevant data on the invoice, e.g. date, invoice number, values etc
• The software ‘learns’ as it works, requiring fewer manual operator interventions in time
