Finance / Accounting |
Accounts Payable |
Payment Processing
 Accounts Payable / Automated Invoice Processing
Paper invoices contain valuable data that must be transferred to your financial
management system. Keying data from paper utilizing accounting resources is an
expensive, time consuming process and reduces time spent on actual accounting
functions, and can cause delays with transacting payment approvals. Inaccurate data
entry can also cause painful, downstream issues with reconciliation and custom
service.
XperTran® can speed up your process; increase data accuracy and automate the numerous
functions associated with pulling and reviewing paper invoices. Access your documents
anywhere, anytime and securely within seconds.
- Scan paper invoices in your mailroom using our cloud computing scanning solution
- Access to the latest OCR technology, combined with highly trained keying specialists
to process structured and unstructured invoice documents
- We can deliver your invoice data, formatted in any standard or proprietary format
to your financial management system
- Invoice images can be loaded to your document management solution or available
through our secure web-based image storage and retrieval system. Images can be
delivered by query to our system or by a link on your system
- We can customize, based on your business rules for data validation and verification
 Process is streamlined, efficient and fast
Eliminates bad data from entering your financial management systems
Validate sub-total math
Validate date ranges
Validate vendors
Perform PO database lookups
Accurate data delivered faster and images made available to your organization means
the approval process starts sooner. XperTran® provides advantages in:
- Reducing labor costs
- Increasing your accounting staff’s productivity
- Helping to improve vendor relations
- Allowing your organization to capitalize on negotiated payment terms.
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