How AI Invoice Processing Works
Artificial intelligence (AI) has captivated and inspired us since the dawn of mankind. We can see this in the myths and stories of civilizations throughout the world, from sentient statues
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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