FrontCollect® Invoice
Purchase Invoice Capture
FrontCollect Invoice® is an intelligent, free-form recognition
document processing application, automating the capture of the content
of Purchase Invoices, and similar documents.
FrontCollect Invoice is a scalable, fully integrated, intelligent
free-form solution speeding up the collection of data from Purchase
Invoices with the ability to read and verify line items. This is achieved
by using an intelligent recognition engine to extract the key information.
The invoices are scanned and FrontCollect Invoice compares its “reading”
with a supplier database to ensure high accuracy with the extraction.
The software learns as it goes so even unknown suppliers are not rejected,
but are treated in a similar manner as known suppliers, asking a user
to verify its interpretation.
Typical data that is extracted includes: Invoice Number, Order No,
Total Values and VAT Rates - even calculating and cross-checking the
amounts. The data can then be passed directly to an Invoice Processing
system to continue the process through to payment.
FrontCollect Invoice relieves the tedious task of manual interpretation
and extraction and provides an automated method to collect the data
and verify its accuracy. The solution provides interfaces to all leading
ERP systems and purchase-management products and is also SAP certified.
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Process
Extension Packs (PEPs)