-Accounting & Business ServicesIntelligent Document Processing (IDP) for invoices: Q&AAs part of the accounts payable department, invoice processing plays a central role in your organization. In 2023, it will be more critical than ever to quickly gain the correct insights and automate this process. An effective method for invoice... January 17, 2023Read more
-Accounting & Business ServicesStop wasting money on manual invoice processing – automate with AI OCRBills processing is a key component of accounts payable and invoice workflow in any organization. Yet manual processes hinder employees from quickly capturing statements data and accurately processing invoices. According to a study by research firm Ardent Partners, the biggest challenge facing... October 11, 2022Read more
-Accounting & Business ServicesP2P blog series: Large enterprises automate their P2P process with Intelligent Document Processing (IDP) – InvoicesIn this blog series, we focus on Procure to Pay (P2P) documents that large enterprises process in the P2P process. Next-generation Intelligent Document Processing (IDP) enables the automated processing of the most common P2P documents and the delivery of structured... July 5, 2022Read more
-Accounting & Business ServicesInstead of legacy OCR: Leading enterprises use AI OCR for their invoice processingFor the most part, large enterprises have already integrated automation solutions for their invoice processing. However, this does not mean that these legacy OCR solutions deliver the best possible results. In fact, they are inaccurate, maintenance-intensive and highly inflexible, to... June 8, 2022Read more
-Accounting & Business ServicesThe first OCR solution without the need for post-processingCollaborations abound. Don’t want to listen to Miley Cyrus while driving in a cab? Then simply order an Uber and enjoy your own Spotify playlist in the back. Or guaranteed to stand out on your next stroll through town? A... February 23, 2021Read more
-Accounting & Business ServicesP2P transformation with process mining and automated data collectionBill Gates is still pretty much spot on today with his statement that the first rule for any technology used in a company is that the automation of an efficient process increases efficiency and the second that the automation of... December 31, 2020Read more
-Accounting & Business ServicesDelivery note processing as key to for all subsequent invoice processesDelivery note processing: For some, it is purely routine; for others, it is an administrative pain and disruption to any workflow. But what are the differences? On the one hand, certainly in terms of know-how, for example due to the... December 1, 2020Read more
-Accounting & Business ServicesAutomatic incoming invoice processing as a critical success factorThe processing of incoming invoices in a company is, in principle, associated with a relatively large amount of work and thus high costs. Especially if the company has a majority of analog incoming invoices and performs invoice verification and processing... November 5, 2020Read more
-Accounting & Business ServicesAutomatic reconciliation of credit card statements with receipts or invoicesHappy employees = higher productivity = more successful company. A successful company is progressive, which can be seen in the way it handles its finances. Companies that let their employees pay for business expenses such as food, travel and hotel... October 27, 2020Read more
-Accounting & Business ServicesThe advantages of fully validated position data in accountingModern OCR solutions are becoming increasingly relevant and popular. Consequently, the estimated annual growth rate of this market is correspondingly high. Specifically, approximately 10% per year. The question now arises as to why this industry is estimated to be experiencing such... September 29, 2020Read more