Invoice capture is when the data from an invoice image is captured in a digital format so the data to be stored or transferred in a digital work environment. Symbeo uses advanced OCR and machine learning technology to capture data from the invoice with SLA-guaranteed 95% accuracy.
Symbeo guarantees 95% field-level data capture accuracy.
Digital Capture uses a global Optical Character Recognition (OCR) field list to produce predicable and accurate results, supported by industry-leading machine learning technology. For a full list of header- and line-level capture fields, please email solutions@Symbeo.com or call 866-722-6663 to speak with a sales representative today.
Symbeo AI-enabled OCR extracts targeted text from your invoice images and delivers digitized invoice information by end of the next day. Your team does not need to key data from the images.
Data from the target field is captured and then put through a post-OCR transformation process that parses the information into a format that is easily ingested by your ERP or downstream system – saving you time and effort!
AI and machine learning facilitates increased quality of OCR data capture needed to support Account Payables.
5 Ways AP Automation Can Optimize Change Management
When tackling any type of change to company structures or processes, change management sometimes gets pushed to the background in favor of more sought-after topics like cost savings, revenue increase, or resource allocation. But the bottom line is that without effective change management practices, AP teams will likely struggle with their core responsibility, which is to pay invoices on time.