Accounts Payable Automation with ABBYY FlexiCapture for Invoices
ABBYY FlexiCapture for Invoices can help to optimize your accounts payable processes with AP automation for increased efficiency by eliminating data entry and paper. This technology can transform your Accounts Payable focus from routine, perhaps even tedious tasks to strategic operations. At its core, ABBYY FlexiCapture is an invoice capture application that facilitates the early capture of invoices, centralized extraction, and validation of data, and straight-through processing of PO-based invoices.
Return on Investment (ROI)
- Efficiency gains are just one of the top benefits of implementing an ABBYY FlexiCapture for Invoices solution. You can realize a 400% increase in the number of invoices a single one of your employees can process manually and 30% less time responding in inquiries.
- Saving money is another reward that ABBYY FlexiCapture for Invoices can deliver. While your old manual processing was wasting significant amounts of money on a regular basis, this technology can reduce your costs by 5-10 times in comparison to manual processing.
- Faster cycle time is another result that can come from ABBYY FlexiCapture for Invoices. With this technology, you can decrease your invoice cycle time (receipt to payment) to 5 days or fewer. It can also help you to nurture supplier relationships and take advantage of early payment discounts, which is just another way that ABBYY FlexiCapture for Invoices saves you money.
ABBYY FlexiCapture for Invoices is also easy to use, and quickly. This solution was built for easy implementation, so you can skip the long, trying deployment period and automate your invoice processing almost immediately. The solution comes to you pre-configured to identify the required data fields. For additional ease of use, the out-of-the-box settings are easy to adjust to align with your business’ unique needs. You can also access ABBYY FlexiCapture either in the cloud or on-premise- it’s your call.