How to increase the number of invoice processed without increasing the headcount?

Optical Character Recognition (OCR) technology is enabling companies to process documents and especially invoices in an automated manner, meaning that Finance Departments are now able to process a much higher number of documents than in the past without increasing the headcount.

The true secret for the success of OCR technology lies in what Finance Professionals are able to do with the data captured by the OCR engine and that is why it is extremely important that the OCR system and the accounting software being used by the company work together.

If there is not a seamless integration between both systems you will end up with a bunch of data extracted from the invoices that you then need to manually import into your accounting software. This will be time consuming and more prone to errors so make sure that whatever solution you choose it works together with the accounting software you are using.

• SAVE TIME AND RESOURCES ON DATA INPUT WHILE INCREASING ACCURACY LEVELS WITH AUTOMATIC INVOICE RECOGNITION

• TURN MANUAL DATA INPUT INTO A FULLY AUTOMATIC AND MORE RELIABLE PROCESS, WITH MORE THAN 80% SUCCESS RATE

• ELIMINATE THE NEED TO OUTSOURCE DATA INPUT SERVICES, SAVING MONEY AND THE HASSLE IT REPRESENTS

• HAVE ALL YOUR ACCOUNTING DOCUMENTS DIRECTLY LINKED TO SAGE

• HAVE ACCESS TO ONLINE INVOICE APPROVAL FOR SAGE

For Sage users across UK and Ireland the preferred solution is the Document Management System created by Sage Developer, PaperLess Europe. Seamless integrated with Sage 50c, Sage 200c, Sage 200 Standard, Sage 200 Standard Online and Sage 200 Extra Online PaperLess is allowing Finance Professionals using Sage to automatically have all relevant data extracted from the invoices and to post this data directly into Sage from within PaperLess work area, making invoice processing much faster and accurate than ever before.

WHAT OUR CLIENTS SAY ABOUT PAPERLESS

“PaperLess is a great system to use as it is a lot faster than approving the pile of paper”

Nicholas Reyes-Ramirez, Finance Assistant

“…the time spent prior to installing PaperLess on processing invoices was lengthy with manually inputting the supplier, description, nominal code and values for each invoice. Invoice recognition does all this for you at a click of a button.”

Kurt Roberts, ACCA MAAT Management Accountant for CPL Training Group Limited

“I personally think it’s great. It allows me to enter invoices without the requirement to manually input all of the data and then refer to archived documents with ease”

Joseph Ryland, UKFast.Net Ltd Finance Director

 “..save £10,000 every year with staff as well as to save employees time spent on processing invoices”

Colin Mayrs, Blair’s Caravans Managing Director

Contact Us

Email: info@paperlesseurope.com

Phone Number: +44 (0) 207 135 2007

www.paperlesseurope.com