PaperLess was born in 1997 in Oslo with the vision of improving the efficiency of accounting systems by using automatic invoice recognition, electronic document flow and archiving. With an expanding client base of 1700 installations across Europe the PaperLess solution integrates seamlessly with both Sage 50 and Sage 200 Business Suite and manages the whole routine from scanning or adding electronic documents to processing them in the accounting systems.
Friday, 1 July 2016
How is OCR technology changing the way Finance Departments process invoices?
Finance Professional have already realized that efficient invoice processing saves organisations time and money while reducing manual data entry so they are now relying on OCR technology to to automate their data input processes, saving them time and money while increasing data accuracy levels.
In order to achieve these results Sage users have available PaperLess software, a solution seamless integrated with Sage, developed by Sage Developer PaperLess Europe, that offers Automatic Invoice Recognition with two layers of OCR (Optical Character Recognition) technology to extract the relevant data from your invoices into PaperLess, which will then be sent to other colleagues for approval within the same workspace.