Invoice Data Capture: Key to AP Automation
Brought to you by The Accounts Payable Network and Kofax
Paperless AP processing has been an ideal for decades, but progress toward meeting this goal has been slow. TAPN studies show that paper invoices remain prevalent, and that many vendors’ idea of “electronic” invoicing is to send PDF invoices. The critical first step in going paperless is with technology with intelligent recognition capability that offers a way to capture and convert invoice data from paper, as well as from faxes and PDFs at a high rate of success.
Today, leading invoice capture solutions are no longer just for the Fortune 500. Delivery options range from on-premises implementation to SaaS to outsource services, with cost models and scalability that provide opportunities for mid-size and smaller organizations. Automation of AP is coming in reach of many more companies.
This informative report shows the benefits of sophisticated invoice data capture for companies of all sizes, including how to:
- Eliminate paper and route invoices electronically for review, approval and coding
- Significantly reduce manual data entry to save time, reduce errors and free up AP staff to focus on more value-added activities
- Avoid lost invoices and gain the ability to track invoices
- Improve visibility to facilitate better process management and cash flow and timely and accurate liability accounting
- Increase productivity with automated capture and extraction
- Decrease invoice processing time
- And much, much more!
Receive your complimentary copy of Invoice Data Capture: Key to AP Automation special report and learn how your organization can implement invoice data capture technology to gain control of invoice processing and to improve productivity and efficiencies.
This valuable study is available at no-charge for a limited time. Get your copy today.
Kofax plc (LSE: KFX) is a leading provider of innovative smart capture and process automation software and solutions for the business critical First Mile of customer interactions. These begin with an organization’s Systems of Engagement, which generate real time, information intensive communications from customers, and provide a fluid bridge to their Systems of Record, which are typically large scale, rigid enterprise applications and repositories not easily adapted to more contemporary technology. Success in the First Mile can dramatically improve an organization’s customer experience and greatly reduce operating costs, thus driving increased competitiveness, growth and profitability. Kofax software and solutions provide a rapid return on investment to more than 20,000 customers in banking, insurance, government, healthcare, business process outsourcing and other markets. Kofax delivers these through its own sales and service organization, and a global network of more than 800 authorized partners in more than 75 countries throughout the Americas, EMEA and Asia Pacific. For more information, visit http://www.kofax.com.
About The Accounts Payable Network
The Accounts Payable Network (TAPN) is the world’s leading resource for objective insights into virtually every area of accounts payable: productivity, performance, controls and compliance. www.theaccountspayablenetwork.com, 770-984-1184.
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