The world's most popular invoice processing software just got better
Building on more than a decade of experience and the largest number of installations in the world, ReadSoft DOCUMENTS for Invoices is our most powerful and automated invoices processing solution to date. It captures and classifies all kinds of invoices on paper or electronic format. Line items are extracted and interpreted on both single and multi-page invoices. In fact, our line item handling is unequaled on the market.
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INPUT
Electronic invoices are imported. Paper invoices are scanned. |
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INTERPRETATION
As the fields are read, they are automatically matched against external databases, ERP rules, table look-ups, business rules and a variety of other user-defined validations. |
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VERIFICATION
It is easy to check and correct the captured values, in a userfriendly dialogue. Any changes you make are instantly re-validated. |
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OUTPUT
When the invoice is validated and complete, the formatted output is transferred to the workflow of your ERP system, and to any other designated destination. An electronic image, for instance, may be entered into your archiving system. |
Let's face it
Manual handling of incoming invoices can never be flawless. There are simply far too many time-consuming steps and possible sources of error before the complete information is in your financial system. Not to mention the inefficiency of registering piles of incoming invoices by hand.
A Self-Learning System
Eyes & Hands for Invoices is a software solution for automatic data capture of incoming invoices. The beauty of this software is that it has the capability of learning by itself. In a nutshell, Eyes & Hands for Invoices can handle any invoice, from any supplier, without having to be pre-programmed to recognize the invoice.
Electronic Invoice Handling
After the invoice has been scanned, the system searches for words and figures that match for instance VAT, total sum and last date for payment. All necessary data is captured and then collected in a data file which is attached to the electronic image of the invoice itself. In addition, the electronic invoice can be completed with different types of information.
The Major Advantages of Eye & Hands for Invoices are:
Fast and efficient registration
Interpretation without prior definition, using adaptive ICR technology
Easily integrated with financial and archive / workflow applications
Secure invoice handling
Improved financial control
Easy to use
Integration with external systems can be made throughout the process, for instance when registering the electronic invoice in your financial system.
Saving Time and Money
Electronic handling of incoming invoices puts you in control of your payments. All payments can be made on schedule. And all incoming invoices will be as easy to access from your head office as from the subsidiary that received them.
Furthermore, it is possible to code, authorize and archive an electronic copy in your archive/workflow system. This makes invoice handling more secure and saves time and no doubt money. Since invoices can never be lost during the authorization process, no unauthorized persons can approve payments. Naturally, the system can verify the sum on each invoice to ensure it corresponds with the purchase order.
21st Century Technology
Eyes & Hands for Invoices represents 21st century technology within ICR and management of image-based information. It is developed in cooperation with large international customers, and can be integrated with most financial and archive/workflow systems on the market.
