Manual accounts payable processing can cost you a significant amount of time and money and this cost can rise alarmingly due to errors. This laborintensive process results in costly and time-consuming exceptions and delays.
Element3 Solutions automate the process of invoice scanning, invoice data extraction and classification. Our solution provides recognition of data on scanned paper or PDF invoices, followed by validation, sorting and archiving to significantly speed up your accounts payable process.
Line-item and header details are captured.
Compares the invoice data with the corresponding PO and highlights discrepancies.
Can be easily configured to fit a specific business process by adding new fields and rules.
Reduces costs by decreasing the amount of manual labor required to type in document data..