Accounts Payable automation may be new for some organizations, while others have been automating document management and invoice approvals for many years. As all organizations adjust to the “new normal” of managing remote operations, Intelligent Optical Character Recognition can provide the missing efficiency that your AP process has been searching for.
Brainware and ABBYY remain at the forefront of industry-leading, intelligent OCR technologies. With 80% of intelligence still remaining inside unstructured payables documents, there has never been a better time to eliminate manual data processing and enhance operational productivity. Expedite processing from days or weeks to hours:
- Extract transaction data without templates
- Validate invoice data matching by line item detail
- Automate posting of transaction data to ERP, ECM & other systems
- Gain reporting insights into processing & vendor efficiency from receipt to payment