Manual data entry creates hidden expenses and inefficiencies inside an accounts payable department. Every invoice that comes into your organization contains data that must be transferred from paper to financial and document management systems. Usually, the task of keying data is dispersed across a department, making it difficult to measure its negative impact. But when employees are keying data, they're pulled from their core duties. This creates a higher labor cost, because it takes more time to get the important work done. Downstream decisions, such as payment approvals, can also be delayed when information doesn't reach financial management systems quickly enough.
AnyDoc INVOICE brings increased speed and efficiency into AP departments by minimizing manual data entry. The solution automatically captures and processes the data you need from invoices, such as vendor ID numbers, invoice dates, purchase order numbers, line-item descriptions and charges, payment terms, shipping charges, taxes and more.
Let ISSI show you how to implement AnyDoc INVOICE software to enhance your invoicing processes.