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"Intelligent Capture for Accounts Payable"

The Value of Intelligent Capture in Accounts Payable Automation

White Paper: ABBYY

Intelligent Capture is catching the attention of organizations and causing a fundamental shift in the way businesses read and process paper and electronic documents. It eliminates the tiresome work of manual data entry and its associated errors, driving the return on investment in Accounts Payable automation.

Intelligent capture software that includes document imaging, separation and classification of invoices, and data extraction and validation introduces integrity in the downstream AP processes.

This informative whitepaper addresses questions like:

  • How can you implement an intelligent capture solution successfully?

  • What are the business systems that an intelligent capture system is typically integrated with?

  • What are the key areas in which an intelligent capture technology can further enhance the Accounts Payable process?

Download this white paper to learn why capture is important in your Accounts Payable automation initiative. 

The Value of Intelligent Capture in Accounts Payable Automation
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What is

What is Technology ?

Technology is the use of scientific knowledge for creating tools, processing actions and extracting of materials whether in industry or in our everyday lives. We apply technology in nearly all things that we do in our lives, we use technology at work, in communication, transportation, making food, extracting and securing information, running an organization and many more tasks, pretty much everywhere. Types of technology include information technology, banking technology, medical technology,

What is accounts payable ?

Accounts Payable involves the payments made to the supplier in a short period of time to avoid non-payment.We avail services such as electricity, the internet, and telephone for which we pay at the end of the month. It means that a customer is handed over the bill after a particular billing period. This turns out to be Accounts Payable.

What is accounting software ?

Accounting software is utilized by accountants and finance professionals to automate their manual workflow. Accounting software offers many benefits such as speeding up the information retrieval process, bringing competence in bank reconciliation processes, automatic preparation of Value Added TAX (VAT) / Goods and Services TAX (GST), and to provide opportunity to see the real-time state of the company’s economic ranking.

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