Intelligent Document Processing
Intelligent Document Processing offers a comprehensive, automated approach to managing your finance documents and operations.
Streamline accounts payable and receivable, optimize claims processing, and simplify contract management—all that complements your existing ERP. Think of it as the automation of the last mile, enhancing your ERP's financial suite with precise accuracy, reduced manual effort, and reduce potential fraud. Improve efficiency and agility while keeping your entire financial workflow connected and seamless.
Supplier Monthly Statement Processing
Go Paperless, Enhance Efficiency, Eliminate Fraud
Streamline your supplier statement reconciliation with ABBYY’s advanced Intelligent Document Processing technology. Our solution can automatically process large statements, sometimes exceeding 100 pages, filled with invoices, payments, opening balances, and credit notes. By leveraging powerful OCR and data extraction tools, ABBYY quickly identifies and categorizes each item, eliminating the need for manual sorting. This automation reduces reconciliation time from several days to mere hours, significantly cutting down the 3-day workload for every 100 statements processed, while ensuring data accuracy and improving efficiency. Processing 600 statements may consume on average of 10 hours
Key Benefits and Features:
- Automated Data Capture: Instantly extract opening balances, payments, invoices, and credit notes from multi-page statements.
- Accuracy: Compare invoice numbers with your ERP invoices. Minimize errors associated with manual entry, ensuring precise reconciliation.
- Scalability: Process high-volume statements with ease, handling complex structures and large data sets.
- Time-Saving: Cut down reconciliation time, transforming days of manual work into efficient automated processes.
Technologies:
- ABBYY FlexiCapture
- ERP Integration through Connectfy.net
Expense Claim Processing
Go Paperless, Enhance Efficiency
Transform your expense management with Automatic Receipt Digitization solution powered by ABBYY's Intelligent Document Processing technology. Leveraging advanced OCR technology, we convert paper receipts from any country and in multiple languages into digital formats, effortlessly integrating them into your ERP system. Designed for the global business traveler, our solution minimizes manual data entry, accelerates expense processing, reduce double charge, and ensures accuracy.
Key Benefits and Features:
Efficient Digitization: OCR converts scanned receipts into structured XML data files, delivering them directly to your ERP for easy processing.
Global Compatibility: Process receipts from various countries and languages, ensuring hassle-free expense claims for employees on business travel.
Adaptive Learning: Superusers can train the system on new receipt formats, increasing accuracy and reducing errors over time.
Manual Quality Checks: Poor-quality receipt data undergoes manual review to maintain precision.
Expense Validation: Automatically reject non-approved expenses or those from unapproved merchants, ensuring compliance.
Technologies
- ABBYY Flexi Capture/ Vantage
- Golang
- ERP Integration through Connectfy.net
Automatic Ordering From Paper PO to Fulfilment
Elevate your purchase order fulfilment from paper to digital with precision. Our smart system employs ABBYY Intelligent Document processing to convert POs to XML, seamlessly matching products using advanced NLP and search algorithms. Confirm via our user-friendly portal, and we'll integrate the approved XML directly into your ERP, refining the process continuously.
Efficiency Boost
Swift, error-free order processing.
Tech-Driven
Harnessing ABBYY Flexi Capture, Java, MySQL, PHP, Python, and AWS.
Adaptive Learning
The system evolves for smarter matches.
Accelerate your ordering today – step into a streamlined future!
Technologies
- ABBYY Flexi Capture / Vantage
- Java
- My SQL
- PHP
- Python for NLP
- ERP Integration through Connectfy.net
- AWS Cloud
Customer Remittances Processing
Optimize your customer remittance reconciliation with ABBYY’s Intelligent Document Processing technology. ABBYY automates the extraction of critical data from remittances, including payment amounts, references, and customer details, and seamlessly integrates this information into your ERP. It matches the extracted data with existing sales orders and previous payments, ensuring accurate reconciliation and reducing manual intervention. By automating this process, ABBYY significantly speeds up remittance processing, allowing you to process payments more efficiently and reduce errors.
Key Benefits and Features:
Automated Data Matching: Match remittances with sales orders and previous payments.
Seamless Integration: Send accurate data directly to ERP systems for faster processing.
Enhanced Accuracy: Reduce errors and manual workload.
Technologies:
- ABBYY FlexiCapture / Vantage
- ERP Integration through Connectfy.net
Supplier Reconciliation Report Processing
Enhance your supplier reconciliation process with ABBYY’s advanced automation tools. Using supplier statement data, lists of paid, pending, and unpaid invoices, ABBYY generates detailed and summary reconciliation reports. These reports provide a comprehensive view of the supplier’s financial ledger, showing outstanding balances and how much is due. By automating this reconciliation process, ABBYY ensures accuracy, reduces manual effort, and allows businesses to maintain clear financial oversight of their supplier accounts.
Key Benefits and Features:
Detailed Ledger Reports: Generate comprehensive financial views of supplier accounts.
Accuracy: Automate reconciliation to minimize errors.
Actionable Insights: Quickly identify how much should be paid.
Technologies:
- ABBYY FlexiCapture
- C# for reporting
- ERP Integration through Connectfy.net