Key OCR invoice reading technologies and functionality
A combination of advanced technologies work in combination ensuring that invoice data is read accurately. FIS / fci uses validation and feasibility checks prior to the data export to SAP or Financials.
- Replace time consuming tasks such as processing invoices received via emailed attachments
- Improve the invoice data quality in SAP by utilising reference tables from SAP for company code identification, PO validation, current tax values, and supplier identification
- Relieve the AP Team from mundane tasks such as data entry and bar-code additions to invoices
- Make savings by reducing invoice processing costs whilst making a significant improvement in SAP invoice data quality
- Improve the task quality and workload volume for the AP team
Machine Learning applied to invoice processingReplacing manual data-entry H&S Document Archive for SAP Invoice data extraction as a service - Document OptionsFinancial savings with FIS / edcCombining OCR and SAP Integrated Invoice ProcessingOCR - Invoice Reading FAQs Invoice Processing with SAP - FAQs