Invoice Data Capture

Product Details

(Click to enlarge image) Revolutionize your invoicing process from the start with invoice data capture you can trust. Whether your suppliers submit their invoices via an online portal or continue to send them manually, your AP department can carry on about their day free from the interruptions of manual data entry.

DocuPhase’s intelligent capture methods combine AI-based OCR with human insight to ensure that even messy invoice formats are captured and indexed clearly and accurately.

- Smarter Capture
Improve data efficiency with OCR and machine learning technology that becomes increasingly accurate as you use it. Simply point and click to teach the machine where to look for the
data it needs, and watch as it rapidly learns to accurately capture and index your invoices.

- Human Validation
Our dedicated invoice capture team uses your specific vendor rules to double-check and correct any AI errors, ensuring your data is up to 99.99% accurate by the time it enters your
system.

- Anytime Access
Pair OCR with our online portal and document management systems to instantly grant the rest of your team quick and easy access to newly captured files.

- Improve Straight-Through Processing
Maintain a low incidence of exceptions when 85% or more of your invoices are processed without the need for any manual intervention. With improved capture accuracy and automated
2- and 3-way matching, you can eliminate the stress of exception handling from your AP team.

- Reduce Fraud
Smart capture enables enhanced matching, supplier validation, invoice tracking, and duplicate flagging–all of which enhance visibility into your payment processes, so you can
proactively catch and correct instances of fraud.

- Minimize Supplier Inquiries
With DocuPhase, visibility extends beyond your finance team. With your permission, suppliers can access their invoices online to track their progress and receive notifications about
issues, disputes, or payments.