Author Archive: Petr Baudis
How to convert PDF invoices to Excel quickly and cost-effectively
Globally, businesses produce a staggering number of invoices: a 2019 Billentis report on the state of e-invoicing puts the current total at 550 billion invoices per year. In a 2018…
What is Invoice Data Capture?
In this blog, we offer plenty of insights into the benefits that automated invoice data capture can deliver to your business. For instance, you can read about its impact on…
Accounts Payable Efficiency (2): How to Streamline Your Invoice Processing
As we saw previously, invoice data extraction can be a time-consuming task with a high potential for creating inefficiencies throughout your company. This is especially true if your data capture…
Accounts Payable Efficiency (1): Invoice Data Extraction Might Be Slowing You Down
We’ve taken you through the total cost of ownership (TCO) of invoice data extraction. We highlighted the KPIs to track when evaluating your accounts payable (AP) processes, and assessed alternatives…
From Spreadsheets to the Cloud (3): How to choose the right AP software for your business
We kicked off our accounts payable automation (AP) series with a look at how manual data capture processes can hinder your accountants and harm your bottom line. Following that, you…
From Spreadsheets to the Cloud (2): Alternatives to Manual Invoice Data Extraction
In our previous post in this series, we looked at manual data invoice extraction and the problems it can create for your Accounts Payable (AP) team and your company. Understanding…
From Spreadsheets to the Cloud (1): Why Manual Invoice Data Capture is Bad for Your Company
If your company is dealing with lost invoices, complaining vendors, duplicate payments, or over payments while its Accounts Payable (AP) department is growing, you may want to re-evaluate your manual…
The Real Cost of Invoice Automation: The TCO of Invoice Data Capture (Part 3)
Paper-based back office processes are one of the obvious targets for automation. And many solutions did try! However, not every kind of automation is alike – or the costs. In…
Manual Typing is Expensive: The TCO of Invoice Data Capture (Part 2)
Every company receives bills and invoices every day... and manual retyping is still the go-to solution for most companies. But as the number of invoices and complexity of the process…