Automating Invoice Processing for SMEs

Businesses of all sizes spend hours transferring data from digital and paper documents to the applications they work with daily.

Automating Invoice Processing for SMEs

Businesses of all sizes spend hours transferring data from digital and paper documents to the applications they work with daily. Invoices, which are sent and received daily in PDF or paper format, are one of the most common documents that companies spend time collecting, organizing and importing into their accounting software, such as QuickBooks.

Manually extracting data from invoices, entering it into the system, and archiving the documents is a redundant task for employees, which takes time away from higher impact work. More importantly, manual processing of invoices is prone to human error leading to missed payments, late fees or payments of incorrect amounts.  This redundant manual work drains the resources of a company.

In the 21st century, new computer vision and artificial intelligence technology allows businesses to automate most data entry tasks, improving the efficiency and engagement of employees.

What if you were able to automate all manual invoice processing with only one artificial intelligence product, especially an application that requires no IT integration? Now, this technology is available to companies of all sizes, including small to medium-sized businesses.

CaptureFast is the world’s first mobile and web-based document capture solution. Upload your invoices in PDF, JPEG, Tiff, or PNG format or take a photo with your smartphone using the CaptureFast app, and get data from your invoice in seconds. Transfer the data in Excel or CSV to any destination you prefer – your dropbox, email, or QuickBooks.

With data at your fingertips that you can quickly analyze, you will be able to make better business decisions. Automating invoices with data capture can speed up your business processes and save time.

Sign up for free to try CaptureFast’s pre-defined invoice template and easily extract address, name, date, amount or any other valuable data from your invoice to Excel within seconds.

https://capturefast.com/use-cases/invoices-processing/

Want to extract line items from your invoice? Set up a call and we’ll help you automate it.

Contact us at 1-833-362-8227

Read Gurkan Karagoz's answer to Is there a good way to convert an image file into text? on Quora