Invoice capture is the first step to accounts payable automation, reducing labor, costs and errors in the invoice entry process. We offer a comprehensive array of solutions for invoice capture and data entry, from the most basic scanning and indexing, through highly automated data extraction solutions.
Advanced Invoice Capture Provides Highest Returns
The traditional approach to getting key data off of an invoice is for a payables clerk to key data directly off of paper invoice or an image . Their is a better way. Applying advanced invoice capture methodologies can reduce indexing labor by up to 70%.
Advanced capture converts paper invoices into digital images, enabling invoice data to be automatically extracted, validated, and exported to your ERP, business system or workflow. This approach helps speed up invoice processing, requiring fewer people and less operating expense. Automated invoice capture saves money by reducing administrative errors in the reconciliation process.
By automating invoice data extraction and validation, you’ll also reduce cycle times and shorten invoice retrieval times to seconds, with 99 percent accuracy. By accelerating invoice capture, you gain better visibility into your overall cash management, allowing you to take advantage of early payment discounts that can provide significant cost savings.