Millions of invoices arrive daily at businesses worldwide. Each invoice must be opened, sorted, reviewed, approved, routed, matched to the purchase order, processed, and ultimately filed and stored for months, if not years. Along with those invoices inevitably come millions of man-hours wasted as a result of manually entering the data into your system for payment. Even more time will be wasted dealing with the results of the incorrectly keyed data.

Businesses' emphasis on cost containment and productivity enhancement during the past few years has inspired accounts payable professionals to seek out new ways to automate these traditional paper-based, labor-intensive processes. And the need to document and secure these processes to ensure compliance with the Sarbanes-Oxley Act has further fueled this movement, especially where senior management has been involved.

Streamline your receipt-to-pay cycle.

AccuImage can work with your organization to meet these goals using the latest technological advances in capture and workflow solutions. These solutions streamline the invoice receipt-to-pay cycle by enabling organizations to convert paper invoices into digital images.

Then, using advanced data capture solutions, key information can automatically be extracted from the invoice images, dramatically reducing the labor typically associated with data entry.

Based on this extracted data, invoices can then be routed to the appropriate personnel for approval using automated workflow and BPM technologies. The gathered information can then be posted to the general ledger of virtually any ERP or accounting system.

Put invoice data at your fingertips.

Utilizing AccuImage's image-enabling tools also gives your accounts payable department the ability to quickly retrieve and view scanned invoices from within your payables system. Research that typically requires manually searching through file cabinets or storage facilities can easily and quickly be achieved without leaving your desk.

The advantages of automating invoice processing are clear and plenty:

• Reduced receipt-to-pay cycles
• Decreased data entry costs
• Reduced physical storage costs
• Quicker access to information
• Advanced knowledge of discount deadlines
• Improved vendor relations

Invoice processing technology from leading companies …