ImageFast can help optimise your Accounts Payable department with automated Invoice Processing. Invoices are captured and digitised at the point of entry and transformed into process-ready information. Classification and extraction of data from your paper invoices including line-item detail, followed by validation to ensure the highest data and processing accuracy. The detection of potential recognition errors in the invoice process helps to significantly reduce risk and ensures that only accurate data is submitted to your ERP system.
Best practice workflows manage the review, coding and approval process that is required for non-PO invoices, pre-approved invoices, supplier maintenance, and PO based invoices that do not match the PO or the goods received information.
Features & Benefits
- Capture information from your incoming invoices - whether paper or electronic format
- Automatically classify and sort your invoices.
- Automatically validate the captured data against your business system i.e. SAP or Oracle
- Approve invoices online in an electronic workflow
- Helps to reduce processing time, cost and risk associated with the Accounts Payable process
- Increase visibility for achievement of service levels and compliance
- Improved cash management