AP Automation Now More Immediate and Simplified
World News: 16:28 GMT Monday 16th April 2018. [Digitech Systems, LLC via Businesswire via SPi World News]
While the number of invoices businesses manage grows, fewer than half are processed electronically resulting in delays, over-payment, lost information, and added overhead expense.
To simplify the process of converting to automated Accounts Payable (AP) processes, Digitech Systems announces the release of PaperVision Capture R87. The new software makes it possible to:
- Forms Designer – The patented artificial-intelligence (AI) engine within PaperVision Capture (called PaperVision® Forms Magic technology) can automatically recognize invoices, classify them by vendor, and extract all the data you need to upload to your accounting application. This simplifies new form setup and streamlines your ability to get started with AP automation right away.
- Three-way Match – Electronically compare details from purchase orders, invoices, and goods received receipts—even if they’re housed in different applications—to ensure you only pay for what you ordered and received.
- Field Constraints – Improve the accuracy of accounting information using rules to verify data formats like line item totals, zip codes, phone numbers, and even valid credit card numbers resulting in fewer errors.
PaperVision Capture can virtually eliminate manual data entry of financial information, while digitizing AP processes. Additional features also enable automated workflow of invoices through approval processes and secure long-term storage of financial information either on-premise or in the cloud.
Learn more about automating AP in this free ebook: AP Automation in Five Easy Steps.
About Digitech Systems, LLC
Digitech Systems, LLC enables businesses of any size to more effectively and securely manage, retrieve and store corporate information of any kind using either PaperVision Enterprise content management (ECM) software or the world’s most trusted cloud-based ECM service, ImageSilo. By significantly reducing the cost, Digitech Systems has moved ECM from a luxury convenience to an essential element for every well-managed business.
Digitech Systems continues to raise the standard of excellence in the ECM sector, as evidenced by the numerous awards they have received including the InfoWorld 100, CRN’s Emerging Tech Dynamos and multiple Nucleus Research ROI Awards. In addition, Buyer’s Lab has recognized both PaperVision® Capture and PaperVision Enterprise as the best products in the enterprise capture and ECM fields. To learn more about the company’s software and services that deliver any document, anywhere, anytime, visit www.digitechsystems.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20180416005952/en/
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Business Wire: 16:28 GMT Monday 16th April 2018
Published: 2018-04-16T16:28:00.
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