INVOICE PROCESSING

Reduce costs and inefficiencies, improve cash flow management

Automated Invoice Processing Solutions

Keying in information from paper invoices is a time consuming and costly activity for the accounts department.The latest advances in optical character recognition (OCR) mean that companies can now quickly and accurately process and capture documents such as invoices.An invoice processing solution can help you reduce costs, drive efficiency, increase productivity and maintain compliance.

 

Invoices are captured as digital images using a multi-functional printer or dedicated scanner.
Data, including theinvoice number and date, vendor, purchase order number, total amount due
and line-item details, is automatically extracted from the image. The data is validated using
other company systems and document workflows and any errors or exceptions are highlighted
for an operator to correct and validate. Authorised invoices are then exported into accounting,
enterprise resource management and document management systems.

 

We can design a complete invoice processing workflow solution - from scanning to approval – which is tailor made for your business. We will provide a free consultation to any organisation wishing to control and reduce their document workflow costs through effective configuration and implementation of hardware and software solutions.