That’s it. No manual entry. No scanning, printing and re-scanning. Just scan the invoice and hit a button. The system is smart enough to identify and pull out all the relevant details like names, PO numbers, dates and monetary amounts. From there it’s all ready for processing, which can be done in just a few clicks.
If it’s under a certain threshold then Finance doesn’t care to see it, so the document is automatically approved and processed. If there’s an issue, Finance can route it right back to the originator so he or she can address it. All of this happens without the time, errors and potential security risks associated with manual entry in the original process.