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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.
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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.
Contact Merkur Group today to learn more about streamlining document-intensive processes and to discuss your specific needs.
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