Rossum for finance and accounting departments

Lower operating costs, avoid penalties and late payments, and reduce risk of errors with the Document Automation Cloud

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However, today most finance and accounting departments are drowning in complexity, manual work, and time spent on manual data entry. Traditional OCR solutions need to be reprogrammed frequently and validation interfaces take a long time to reconcile results. The result is high operating costs, late payments, penalties, and errors.

Rossum solves this challenge with a complete platform built from the ground up to minimize the time your organization spends processing documents. Rather than a traditional approach, Rossum's AI-based data capture engine adapts to layout changes so you can maintain high automation rates across your business. When data capture does need to be reconciled, Rossum's interface accelerates manual efforts, ensuring you're minimizing the time spent on this task. All on a single modern, cloud-based platform.

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Reduce operating costs

Rossum's end-to-end platform dramatically reduces the time required to process invoices and financial documents, 87% on average.

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Reduce errors and overpayments

Higher automation rates reduce the change of errors, but in addition Rossum's platform allows you to automate what today are manual checks like reconciliation with billing systems, calculations, and sorting.

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Avoid penalties and late payments

Rossum helps you reduce penalties and late payments by giving you more automation control over your process and avoiding manual work.

 

 

"We are fundamentally changing the vision of what an invoice means in our company. We have been upfront - every single invoice is a big needless hassle. Accepting this mindset allowed us to turn around the entire data entry process."

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Example finance and accounting department use cases

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Procure-to-pay

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Order-to-cash

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Other Stuff

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Use case

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Use case

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Another use case!

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Suggested Resources

Suggested resources

ebook-5-benefits-of-artificial-intelligence-in-invoice-data-capture-min

eBook

5 benefits of AI in invoice data capture

Read eBook >

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Demo Video

How AI OCR Works

Watch video >

ebook-how-to-improve-ap-efficiency-min

eBook

How to improve AP efficiency

Read eBook >

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