Take these facts for example, based on each i nvoice it takes one average tree to produce 2778 invoices. With this information it is easily discernible that over a million trees could be saved if most of these invoices were transmitted electronically
Separate your commercial invoices from any specialized invoice types such as legal, manufacturing, telecommunications, etc. The reason you do this is because the low hanging fruit when automating invoices is commercial invoices. Boxed AP solutions have put the most amount of effort in fine-tuning for commercial invoices. Therefore, the greatest accuracy
Gartner coined the term “ Transactional Content Management ” (TCM) to categorize these types of document-intensive business processes
As a follow up to my previous post , Aberdeen just released a study titled, “AP Invoice Management in a Networked Economy&rdquo
Rossum is a market-leading Intelligent Document Processing (IDP) solution combining the industry’s most advanced data extraction capabilities with a complete low-code platform that automates significant amounts of manual work across a company’s document processing workflow. Hundreds of...
The typical target state of an AP process that’s been improved by ECM looks something like the following. First, paper invoices and related documents are captured. Electronic invoices are also ingested
It’s also highly simplified. First, paper invoices and related documents are captured. Electronic invoices are also ingested
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