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.
Tuesday, 29 November 2016
How are CFO’s Speeding-up Auditing Processes?
If keeping track of all documents and transactions used to be seen as a hassle by CFO's, Accountants or Bookkeepers, an audit was simply a nightmare.
PaperLess Document Management revolutionised the way accountants face an audit, since all their documents, receipts and invoices are already linked to the transactions in Sage, turning the auditing process into a simple and straightforward operation.
Currently, as soon as an accountant receives a document he brings it into PaperLess and all the information is extracted from it with PaperLess powerful Automatic Invoice Recognition feature that, with more than 80% success rate, fills in all different fields. With PaperLess full system automation, transactions can be immediately posted into Sage with the corresponding document automatically linked to it.
A hassle free process that speeds up all document management processes from the moment they are received, either by email, post or whatever other format and that allows accountants to have all the information at the click of a button away. That is why keeping control of all documents is now so easy and audits are now seen as a fast and pain free process.