Organizations with medium to high invoice volumes obtain rapid cost savings and efficiency by eliminating manual data entry and manual validation processes.
This invoice automation solutions include Intelligent Document Recognition technologies that will:
- Extract all the data you need from invoices including vendors, invoice dates, invoice numbers, purchase order numbers, and totals.
- Even line item details can be extracted and compared to purchase orders for automatic validation, eliminating tedious, manual tasks.
- Eliminate paper, streamline approvals, shorten payment cycles, and allow you to take advantage of early payment discounts.
By integrating with virtually any ERP or accounting system, you will enjoy the benefits of an end-to-end paperless invoice management process.
“We were able to reduce expenses by over $100,000 a year by eliminating overnight charges between regional offices and our corporate office. AP Workflow is a great addition to your already valuable ImageQuest product.” —Bob Wydra, CPA, MBA, CFO, Children's Home Society of Florida