Manual processing of invoices is a burden on all industries. Using a document capture solution, relevant information can easily be extracted from invoices of different vendors, and data can be directly transferred to your accounting software, such as QuickBooks.
With CaptureFast, upload or take a photo of your invoices, select the fields and securely extract accurate data you need in seconds. In the past this technology was only available to large enterprises. CaptureFast is the world’s first cloud-based document capture application solving the needs of SMBs.
If your purchase to pay process is still based around using emails and traditional documental, then it’s likely that there is a great deal of time and energy wasted on doing manual data entry on purchase orders, and on manually sorting and storing incoming invoices.
*By purchase to pay, we mean the process beginning from the early stages of requesting for the purchase of an item to the secondary stages involving approval workflows to the last stages of actually paying for the item or service.
Subscribing to our software exists to automate such crucial steps, if time-consuming, steps in the purchase to pay process and eliminating the tedious work of organizing your incoming invoices. For example, once the invoice comes in, it can be stored, as a scanned image or as an image clicked on a phone, on a central database. The right kind of automation software can store the image of the invoice in such a way that each and every invoice can be subsequently searched for, and matched up with its respective purchase order number in a matter of seconds.
Some software goes a step further by processing an invoice’s details with optical character recognition. With the resultant time-savings, your team can do so much more and begin to actually focus on their core job functions.
You can go for CaptureFast, is Cloud & A.I Engine basedspecifically designed for small and medium-sized businesses. It is a simple, easy and user friendly software.
Some of the main features of an Online invoice processing solution include:
Documentation is a leading provider of invoice processing solutions. By removing paper and manual processing from business operations we help our clients reduce costs, improve efficiencies, maintain business control and achieve legal compliance.
The cornerstone to our success is our proven track record in building and implementing high-quality, business-focused solutions specific to individual client needs.
We utilised CaptureFast Mobile Capture Application to digitise Personal Pension Application forms. We were able to eliminate time lost during the messengering of documents, speeding up the process by 40% and we were able to complete enrolment process immediately while the agent was serving the customer.
We used CaptureFast cloud platform to extract information from health invoices and insurance policy application documents. Automating these processes allowed us to reduce personnel by 50% and increase data processing speed by 70%.
We utilised CaptureFast mobile capture application in order to create a digital archive of protocols and contracts. We were able to digitally archive 200K documents in one year.