Technology for invoice capture
When you receive large numbers of invoices, it is tedious and time-consuming to process them by hand and manually enter information into a database for your records. Invoice capture technology does the work for you by processing scanned invoices, classifying them, capturing the relevant text within the documents, and automatically putting the information into an electronic database that is accessible and easy to work with.
The uses of invoice capture
Invoice capture is especially helpful for companies that receive many invoices on a regular basis. Even though paper is gradually being replaced by electronic communications in most offices, most invoices still come in paper format, and can be a major inconvenience. Invoice capture prepares the data for your use. It allows office employees to focus on tasks that require individual attention, requiring human involvement in only a few steps of invoice processing. Invoice capture is useful in any industry, since all offices receive some type of invoice.
Picking the right invoice capture tools
Invoice capture tools are powered by OCR (optical character recognition), which recognizes text and identifies words and numbers. The best OCR solutions have high accuracy and fast processing speed to make the work as hassle-free as possible. CVISION offers a solution called Trapeze, a document automation tool that handles invoices and other documents for you. Trapeze is fast, highly accurate, and contains advanced features to accommodate even your more complex needs.
Download the free trial version to see for yourself.