Accounts payable automation

Combine document capture and advanced imaging technology

with workflow capabilities to empower your finance department

• Multi-channel Capture: both paper and emailed invoices are seamlessly captured
• Intelligent recognition:  OCR, Semantic analysis and deep learning software examine invoices, capturing all relevant data, including line items
• Financial ERP integration: Direct integration with the ERP system via either formatted output files or dedicated connectors.
• Approval Workflow: Invoices are gathered into a workflow, and automatically sent to managers to review and approve.
• Automatic linking: Purchase orders, supplier invoices, and delivery orders are automatically matched by the software to ease the approval process
• Archive: Invoice images and corresponding audit trail transactions are recorded within the legal preservation document management system

Achieve faster, more precise invoice processing

• Eliminate manual keying in of Information and associated errors
• Reduce process cycle times by more than 70 percent
• Save significant amount of money in operational costs (Cost per invoice reduced by 60%)
• Enjoy a Return On Investment realized in 3 to 6 months
• Gain increased visibility into processes thanks to a full audit trail and real-time information
• Eliminate duplicate payments
• Reduce paper dependency