Experienced
For 20 years, we have specialized in p2p automation for ambitious organizations and are highly experienced with global rollouts.
Are you still receiving paper invoices and PDF invoices? If so, you probably have a scanning and capture solution in use, also called Optical Character Recognition (OCR) software. With ICreative Recognition Service, you achieve the highest possible recognition rate of invoice data.
From pdf to data
For now, processing incoming paper and PDF invoices remains a necessary evil at many companies and institutions. Processing them requires transferring the data into your invoice processing software, your ERP system or best-of-breed system. In most cases, this is no longer done manually but with scanning and recognition software.
Functionality
- Automatic reading of specific email box(es) for invoices
- Scanning of paper invoices via multifunction or desktop scanner
- Assignment of correct entity/administration
- Determine correct creditor based on IBAN and/or VAT number
- Reading header data (e.g. invoice number, invoice date, net and gross VAT amount)
- Reading line level data (e.g., quantity, price per piece, control total, description)
- Recognition of data in virtually all languages
- Intuitive (web-based) user interface for validation of recognized values
- Managed Online Learning for improving recognition outcomes
- Return invoices that do not meet your requirements
- Interface with ERP and/or invoice processing system
- Export of xml and pdf in any format through any distribution channel
Increase the recognition rate of digitized invoices
How well invoices are recognized by your OCR solution is not visible to the naked eye, and you don't notice much of an effect at first. What makes it extra difficult is that the data for measuring the degree of recognition does not come directly from the system itself. For that, relevant data about the process must be collected and combined, and that's not all.
Once you have determined from the data which supplier(s) are causing the under-recognition, you need to find out what is causing it in order to take appropriate action. So human interpretation is needed to figure out exactly what is causing it.
Powered by Kofax
With Kofax, information from scanned paper invoices and pdf invoices is read and this information automatically enters the appropriate fields. These include invoice date, invoice number, IBAN number, VAT number and net and gross amounts.
The goal is always to submit invoices as automatically as possible to your invoice processing software, your ERP system or best-of-breed system, such as Basware, with minimal manual intervention.
ICreative Invoice Pro Package
With ICreative's so-called IRS recognition report, recognition problems can be quickly identified. It provides guidance on which areas in the process there is room for improvement and also immediately provides a possible solution direction.
Invoices are one of the most difficult types of documents to recognize properly, as there is a lot of information on a relatively small area. The knowledge and expertise ICreative has gained with this over the past twenty years is bundled in the ICreative Invoice Pro Package.
Ambitious
We offer proprietary software and services in addition to Basware solutions in order to maximize the level of automation.
Concerned
We take pride in our customers and, with our dedicated support team, ensure that our solutions continue to work in optimal condition.
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