AP efficiencyWhat do the best in class companies do to process invoices in less than 5 days on average or keep the per invoice cost below $5.00?   For any industry, the best way to eliminate the pains of manual processing is to take advantage of a front-end invoice automation solution.

Paper invoices require keying data into your back end system.  This is slow and error prone.  Scanning images directly into an invoice automation system speeds invoices past data entry to making decisions.  Automated invoice processing:

  • Converts the image to usable, digital text
  • Compares the invoice to your purchase order
  • Reads data from your master vendor list
  • Provides for GL coding
  • Exports data and image into your accounting or ERP system