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Automated Invoice Processing from Capture to Post

Manual invoice handling costs between $15 to $50 to process. ReadSoft Invoices frees you from this manual handling and automates the invoices workflow. This increases the efficiency and speed of your invoice processing, reduces data entry errors, significantly reduces labor costs, and allows employees to focus on higher value activities.

Improve control of cash flow and invoices
Reduce overall cost of supplier handling and AP
Eliminate manual data entry of paper invoices
Eliminate manual paper-based routing of invoices for approval
Eliminate filing of paper-based invoices
Eliminate lost invoices
Streamline Accounts Payable department
Expedite conflict resolution
Faster pay possible

The World's Most Popular Invoice Processing Software

With more than a decade of experience and the largest number of installations in the world, ReadSoft Invoices is the most powerful and automated invoices processing solution on the market today. It captures and classifies all kinds of invoices on paper or electronic format. With unique line items capability, even line items are extracted and interpreted on both single and multi-page invoices.

ReadSoft dramatically enhances invoice processing by automating the capture, interpretation, verification, and data entry of supplier invoices. Extracted invoice data (including line items) and invoice image can be integrated into most AP applications. Specific integrations are available for PeopleSoft Enterprise, Oracle E-Business Suite, and SAP R/3.

An Integral and Integrated Part of the Payables Process

Invoices is designed to easily integrate with any financial system. It automatically loads extracted invoice data directly into business applications and provides user access to the invoice image throughout the approval, pay/post process. ReadSoft Invoices is the most widely used invoice processing solution worldwide and has specific integrations for PeopleSoft Enterprise, Oracle E-Business Suite and SAP R/3. Extracted invoice data and image can also be used with any AP system capable of integrating external data.

ReadSoft Invoices Provides Step-By-Step Technology for Invoice Processing

CAPTURE

Document images - scanned paper, remote scanning, fax, imported image files

Electronic documents - Email, Web, XML, PDF

Batch handling

Image enhancement

Color handling

UNDERSTAND

Invoice sorting

Complete content extraction - machine print, handwriting, barcodes, mark fields

All document layout types - structured, semi-structured, unstructured

Line item interpretation

Learns specific invoices

Automated validation

MANAGE

Verification - local, remote

Approval workflow

Process monitoring

Audit trail

Archiving

INTEGRATE

File transfer

Database interaction

XML output

Specific ERP system integration - PeopleSoft Enterprise, Oracle E-Business Suite, and SAP R/3 or any other AP application capable of integration

Workflow system integration

Archive integration with any including Documentum, FileNET, IBM, OnBase, Open Text

Integration and Services

Merkur Group helps you unlock the power of ReadSoft by providing seamless integration into any AP application. Merkur Group also offers specific integrations for PeopleSoft Enterprise and Oracle E-Business Suite along with comprehensive professional services, including installation, integration, training, and customization. Let Merkur Group deliver the convenience, speed, and reliability of automated invoice processing.