In the complex business world, efficiency is a key to success. Structured data management is very important to achieve business efficiency. However, according to Gartner’s research, upto 90% of business documents, transactions and records are available in the unstructured format – paper, fax, email, office documents, etc.
Invoice capturing (Electronic and OCR based data capture)
Complete data extraction from the invoice file
Easy
invoice search
Automatic
reminders
Duplicate invoice detection
Intelligent OCR validation
Approval
workflow
2-Way PO
Matching
Auto task
assignment
Archive &
Audit
Major pain points in the Accounts Payable department
- A large volume of unstructured documents
- Manual input and data processing
- Duplication of work
- Tedious data management procedures
- Longer lead times due to manual routing & processing
- Time management inefficiency
- Risk of loss or damage in the physical documentation
- Higher transportation costs for moving the documents from one place to another place
- Time-consuming procedures in invoice processing and payment methodologies
Bautomate Accounts Payable Cycle
How Bautomate helps your business organization?
- Transform all types of documents into the structured format
- Capture, organize, review and deliver the documents appropriately
- Access the documents anywhere from any device.
- Get increased visibility into the current status and analytics
- Identify the bottlenecks and adjust the workload distribution accordingly
- Automatic capture of electronic documents such as emails, PDF, Word, EDI, etc
- Scan the paper-based records and invoices easily
- Highly secured storage facility
- Our advanced OCR, IDR, ICR technology can extract and read all the key information
- Automatic document routing capability
- Automate all types of manual workload in document management
- Reduce unwanted expenditure significantly
Some of the other applications
The role of Bautomate’s business process automation solution is not restricted to particular industry.
