What are invoices?
Invoices are basically just bills for items that your company ordered. Every company will deal with invoices whether it's a supermarket that needs to order items everyday so that they have items in stock or just a regular office that orders paper to print stuff. Most of these companies will choose to deal with these invoices manually meaning they will have a person look through them one by one. This is a really inefficient way of handling invoices and could be a real problem in the long run.
How can data be captured from invoices?
With the right software and the technology to back it up, date capturing from invoices is not as hard as you think. The technology needed for this is optical character recognition (OCR). What this essentially does, is it enables the computer to go through the documents, and in this case it would be the invoices, and it extracts the information that you want it to. Then all of the information that you need will be compiled into a list that will be easy for you to comprehend. This will save you valuable time and resources.
Implementing a solution
If you would like to automate invoice processing, you need to pick a software company that is right for you. CVISION is a leading provider and its Trapeze product is great for many other things besides processing invoices. Another thing CVISION can do is that it is able to customize its product so that it will be able to meet the needs of your company and it will produce the best results too. If you want to know more about Trapeze and what else CVISION has to offer, give us a call.