For Accounts Payable departments that have not yet converted to complete e-invoicing, Tungsten Network has just the tool you need to bridge the gap. Tungsten Network Advanced Capture, an intelligent OCR tool, utilizes our built-in knowledge base of terms to capture invoice data.
Tungsten Network’s Advanced Capture allows you to import Accounts Payable invoices and intelligently recognize and capture key data from those invoices without using templates. It can also be configured to monitor email addresses and scan incoming emails and/or attachments, monitor e-faxes and network folders for incoming invoices.
Once the data is extracted and validated against your ERP data, it is then passed into the Tungsten Network Workflow to assist with invoice processing. In addition, if you are processing purchase order invoices and using our auto-match products, your invoices can be matched against purchase orders and/or receipts automatically.
To learn more about automating your AP department and the questions to ask any provider before you buy, download this white paper today.