Invoices
A supplier’s invoice passes through many stages on its journey from the mailroom to final payment. After opening the mail, many companies physically key invoice data into their financial systems. BancTec’s solution eliminates that step. By scanning invoices and utilizing market leading technologies that learn and read semi-structured documents, key invoice data can be captured automatically.
Mistakes or mis-keying can occur when invoices are manually processed. Keying errors cause queries and discrepancies at a later stage, even after payment in some cases. The cost of these errors in terms of reprocessing and referring back to original documents is immense.
By increasing accuracy, and releasing staff from keying to validation, BancTec’s invoice processing service can virtually eliminate transposition errors. Not only can we return control and visibility to management, which erases doubt and delays, but our service also enables invoices to be paid at a time of maximum benefit to the enterprise.
To see how our solutions have helped other companies, please view our Case Studies.
