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However, information often gets stuck in bottlenecks before it can be used effectively. As much as 40% of invoices take 2-4 days to be processed through systems – a time-consuming process that involves a lot of human intervention, driving up operating costs and reducing data visibility.
Many organisations are still burdened with manually checking and processing data from physical documents into their systems. Others use semi-automated systems that are inefficient and unreliable, requiring each invoice to be checked for accuracy. These ineffective processes mean businesses can’t trust their own data to make decisions, create strategies, improve productivity, or gain insight – holding them back from success.
Let information flow freely
At Advanced, we believe unlocking accurate data enables businesses to realise their potential. That’s why we provide the tools to capture, process and match 100% accurate data.
Our Advanced Data Automation solution provides straight-through, no-touch invoice processing. It captures, extracts and validates data from email invoices with 100% accuracy, before automatically inputting it into your Financial Management System (FMS) or Enterprise Resource Planning (ERP) software.
Unlike other data capture solutions, Advanced Data Automation extracts data straight from the data layer of a PDF, rather than interpreting the data from an image. This means it doesn’t make character recognition mistakes – and guarantees 100% accurate information, every time.
Advanced Data Automation is accurate, reliable and flexible. It allows your organisation to maximise its back-office automation potential by processing data with minimum human intervention and maximum accuracy.
And there is no longer the requirement to check the scanned invoice. Although some invoices may hit the intervention portal when data is missing or the validation rules cannot be met, over 99% will be completely touchless, offering a truly automated process. This cuts down on paper, time, operating costs, and frees up your team.
How it works
- A supplier sends their invoice as a PDF, or other data-based formats to your dedicated email address
- Advanced Data Automation captures, extracts and validates the data from the email and its attachments
- Supplier-specific logic and business validation rules are applied to derive any additional data items, such as supplier ID
- The data is automatically submitted into your FMS or ERP
- Any invoice data that does not satisfy your business rules is either returned to the supplier or sent to an operator for review – ensuring you receive 100% validated data, every time XML PDF XLS HTML WORD Advanced Data Automation extracts data straight from the data layer of a PDF, rather than the image.
Talk to Advanced
Want to find out more about how Advanced Data Automation can help you achieve your goals? Call on 0330 343 8000.
