Invoice Automation

Organizations with medium to high invoice volumes obtain rapid cost savings and efficiency by eliminating manual data entry and manual validation processes. Informa’s 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. Further, automated workflows will 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.

Benefits:

  • Reduce costs
  • Automate manual tasks
  • Eliminate duplicate input
  • Accelerate business processes
  • Reduce exception handling
  • Validate information early in the process
  • Improve process visibility

 

ICC White Paper
OpenText Product Sheet
OpenText Solution Brief

 

Case Study

Palm Beach County School Board makes the grade with OpenText Capture Center