Invoice Scanning Software
Streamline your financial operations with cutting-edge invoice scanning software designed to make your accounts payable processes faster, smarter, and more efficient. Precise Business Solutions offers advanced solutions to automate invoice management, saving your team valuable time and reducing the risk of manual errors.
Why Choose Invoice Scanning Software?
Managing invoices manually can be time-consuming and prone to errors. By implementing invoice scanning and data capture technology, businesses can:
- Reduce manual data entry tasks.
- Minimise errors and discrepancies in financial records.
- Accelerate invoice approval processes.
- Improve visibility and control over accounts payable.
With Precise Business Solutions, you can integrate invoice capture software seamlessly into your existing ERP system, transforming your processes and improving operational efficiency.
How Invoice Scanning and Data Capture Works
Invoice data capture is the process of extracting essential information from paper or digital invoices using automation technologies like Optical Character Recognition (OCR). This technology scans invoices to identify key data such as supplier details, invoice numbers, dates, and line items. Once captured, the data undergoes validation to ensure accuracy and compliance with existing records.
The validated information is seamlessly integrated into your ERP system, enabling streamlined workflows, faster approvals, and improved financial visibility. By replacing manual processes, invoice data capture significantly enhances efficiency and reduces the risk of human error.
Our invoice scanning and data capture solutions use intelligent automation technologies, such as Optical Character Recognition (OCR), which digitises and extracts data from paper or digital invoices.
Key Features of Invoice Scanning Software
Precise AP Automation Suite delivers efficiency, visibility, and control through cutting-edge automation, tackling AP challenges at their core with an intelligent accounts payable automation solution:
- Smart Invoice Capture: Automatically extracts invoice data, ensuring accuracy and eliminating manual entry tasks.
- Data Validation: Validates extracted data against existing records, reducing errors and improving compliance.
- Workflow Automation: Streamlines invoice approval processes with configurable workflows tailored to your business needs.
- Seamless ERP Integration: Works harmoniously with your existing enterprise resource planning solutions, including Epicor Kinetic.
Benefits of Invoice Capture Software for Businesses
Improved Efficiency
By automating invoice processing with invoice scanning software, you free up your accounts payable team to focus on value-driven tasks rather than repetitive manual work.
Enhanced Accuracy
Automation significantly reduces the likelihood of errors, ensuring data integrity and compliance with regulatory requirements.
Better Cash Flow Management
Faster invoice processing means timely payments, helping you avoid late fees and take advantage of early payment discounts.
Increased Scalability
As your business grows, invoice capture software can handle increasing invoice volumes without the need for additional staff.
Integrating Invoice Scanning Software with ERP Systems
Precise Business Solutions specialises in integrating invoice scanning software with robust enterprise resource planning solutions. Our tools are designed to enhance the functionality of your ERP system by adding powerful automation capabilities for accounts payable processes. With over 25 years of experience and a proven track record, we’re experts in helping businesses across industries achieve their goals.
Supporting Accounts Payable Automation
Automating accounts payable with our software ensures a seamless flow of data from invoice scanning to payment. Our solutions are fully compatible with accounts payable automation systems, enabling:
- Real-time tracking of invoice statuses.
- Automatic matching of invoices with purchase orders.
- Configurable workflows for faster approvals.
Precise Business Solutions: Your Go-To For Invoice Scanning Software
At Precise Business Solutions, we’re committed to delivering tailored solutions that meet the unique needs of each business. Here’s what sets us apart:
Industry Expertise
We’ve been a trusted partner in providing enterprise resource planning solutions for over two decades, serving customers across manufacturing, aged care, and other industries.
Award-Winning Solutions
Our achievements include multiple Epicor International Partner of the Year Awards, recognising our innovative approach and customer success.
Customised Support
From consultation to implementation and ongoing support, we ensure you get the most out of your invoice capture software and ERP system.
Global Presence with Local Roots
While headquartered in Australia, we have a global reach with offices and consultants in the UK, Netherlands, US, New Zealand, and Spain. We provide world-class solutions with personalised service.
Looking for a Seamless Procure-to-Pay Solution?
Unlock the full potential of your procurement and accounts payable operations by combining Epicor Advanced Requisition Management (ARM) and Precise AP Automation Suite. Combined with seamless integration to Epicor Kinetic, these powerful products provide a comprehensive, end-to-end procure-to-pay accounts payable automation solution..
Frequently asked questions
What is invoice scanning software?
Invoice scanning software uses OCR technology to capture and extract data from invoices, streamlining the accounts payable process. It integrates with ERP systems for seamless processing and better financial management.
How does invoice scanning and data capture improve accounts payable?
Invoice scanning and data capture reduce errors, accelerate processing times, and enhance visibility and control in the accounts payable process by automating tasks like data entry and invoice matching.
Can this software integrate with my ERP system?
Our invoice capture software is designed to work seamlessly with existing enterprise resource planning solutions, including Epicor Kinetic, ensuring a unified platform for financial operations.
Why should I choose Precise Business Solutions for accounts payable automation?
Precise Business Solutions combines innovative technology, 25+ years of expertise, and award-winning service to deliver tailored accounts payable automation solutions that help businesses streamline operations and achieve their financial goals.
Get Started with Invoice Scanning Software
Transform your accounts payable processes today with Precise Business Solutions. Contact us to learn more about how our invoice-scanning software can benefit your business.
