The key to your AP department’s digital transformation is more cost-effective and efficient invoice processing. Intelligent data capture software automates the classification, extraction and validation of data from any type of invoice resulting in faster invoice cycles and lower costs than traditional invoice scanning and invoice OCR technology. In fact, with intelligent capture for invoices, many AP departments achieve straight-through processing for most invoices, allowing staff to focus on handling exceptions and transforming AP with more value-added tasks.
No matter how invoices arrive – by fax, mail, email, EDI, etc. – OnBase accounts payable solution captures invoices electronically using OCR invoice scanning or advanced intelligent data capture software. Without templates, anchors, keywords or zones, Brainware Intelligent Capture for Invoices eliminates manual data entry by automating PO-based invoices to achieve true touchless processing, and automating GL-coding for non-PO invoices so they automatically enter approval workflow.
OnBase combines intelligent capture, advanced AP workflow and seamless integration with your ERP to form a complete invoice processing system. Increase the amount of data you capture per invoice while lowering costs and shortening cycle times to take advantage of more supplier discounts and positively impact your bottom line.
Ready to transform even the most costly, error-prone AP processes into revenue-generating operations?
Watch OnBase streamline invoice processing, then contact us to learn more about AP automation with OnBase.