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
Captured invoice data can be sent direct to your accounts package, alternatively placed on your network for your systems to ‘pull’ the data.
Retrieval via captured information such as invoice number can be performed in the Retrieval Function which will provide all captured data as well as the associated image(s).