Highlights for Invoice Imaging and Data Extraction:
- Scans and indexes invoices quickly
- Improves scans of poor-quality originals — transforms them into legible images so data can be extracted
- Analyzes invoices and extracts data using powerful character recognition technology (OCR/ICR) and revolutionary learn-by-example document analysis technology
- Finds and extracts invoice fields such as invoice number, date, supplier name, total amount and line item data
- Lets an operator check the accuracy of data extraction (and make corrections, if necessary) with an easy-to-use invoice validation screen
- Automatically creates a new invoice record in the Invoice Automation system and populates that record with the extracted invoice data, eliminating a significant amount of data entry for Accounts Payable
- Creates a link automatically from the electronic invoice record to the scanned image so the original invoice is always available for viewing
Verian's document capture and data extraction solution is powered by
Kofax,
the leading provider of Intelligent Capture & Exchange solutions. For more than 20 years, Kofax has provided award-winning solutions that automate document-driven business processes by managing the transformation and exchange of business-critical information arising in paper, fax and electronic formats in a more accurate, timely and cost-effective manner.
