Our blog covers Document Automation tips, productivity hacks, and lessons learned from serving clients from multiple industries.
Manual invoice processing is an endemic that is prevalent across industries. It takes up relevant time and money that can be otherwise spent wisely. On the other hand, multiple organizations across industries are adopting automated invoice processing. With this article, we will throw light on the benefits of automated invoice processing and how it can help you increase productivity.
August 12, 2022
It is a difficult question to answer the number of invoices that can be processed in a day. The reason being the requirements that differ because of the scale of the company. Yet with this blog, we have tried to come up with an answer. Also a solution that can help you make the process exponentially faster.
August 12, 2022
Taxes are a daunting task for any organization. It is for the same reason, organizations maintain their ledger to record every transaction and payout adequate taxes post rebate analysis. Yet, the work of taxes requires a lot of data extraction from PDF files for which data extraction. Adding to it, there is no better solution than using OCR for data extraction. If you are confused about the OCR solutions out there, this article is written for you.
August 12, 2022
Suppliers and other small businesses supporting a large organization are often at disadvantage because of payment terms. To rescue them, invoice factoring companies provide them with advance payments on their termed invoice by purchasing these invoices at discounted prices. With the growing demand for factoring, the task of handling factor invoices is bound to become difficult. Learn how IDP can resolve the problem?
June 24, 2022
Accounts departments are always overloaded with processing different types of invoices having unstructured data. With automation via an invoice capture software, the accounts teams will not only be able to reduce cognitive overload but meet deadlines for invoice processing as well. Want to learn about all the benefits? Read ahead…
June 24, 2022
With massive bills & invoices being produced, the logistics industry is always on the verge of credit risk. It calls for a solution that can fasten the process eradicating documentation delays completely. Learn why traditional systems can not comprehend today's needs, and what does intelligent document processing have on offer?...
June 24, 2022
A large percentage of invoices are still being processed manually inducing a lot more cost that can be minimized. The blog focuses on the different costs related to invoice extraction, and possible invoice extraction automation remedies…
June 24, 2022
Document processing is a complicated feat today. With high volumes and multiple formats, it is not just about data extraction but extrapolation of meaningful insights as well”. Read our article to understand how IDP can take up the mantle…
June 24, 2022
Digitization has changed the way we live, work, buy, and sell products and services. In these competitive times, embracing digital solutions is the key to staying relevant in business
June 24, 2022
Intelligent Document Processing(IDP) is a solution that converts messy, unstructured and semi-structured data into a usable, structured format. The initial data set can be on offline documents like scanned forms and bills, or online documents like emails, PDF documents or images.
June 24, 2022