To boost the capture rates on supplier invoices, and maintain these, something new had to be created.
A shared set of supplier master data managed and maintained by us at ITESOFT.
Already containing more than 1 Million supplier records.
After all, the lower the capture rate, the higher the manual processing cost.
Compromising the profitability of your investment into invoice capture.
Increasing capture rates from 70% to 85% gives a real term reduction of 50% to your manual workload.
Boosting your departmental and organisational bottom line.
Cloud applications are expected to be the primary source of applications for 86% of business by 2022. (Cisco Cloud Index).
Why?
Because they lower the bar for organisations to invest in technology.
Too often, these applications are "one size fits all" models.
With Capture as a Service (CaaS) we have broken that mould.
Download to find out more.
In compliance with European personal data protection laws, you are informed that your personal data are collected and processed by ITESOFT. Fields marked with an asterisk are mandatory for us to be able to process your request. ITESOFT is the sole controller of your personal data that may be shared only among companies of the ITESOFT Group. You have the right to object to the processing, to access, rectify and erase your personal data from our files and restrict their processing under conditions. You may exercise any of these rights by sending your request in writing, with a copy of a valid identification document, dated and signed by you, to : ITESOFT, Legal department, Parc d’Andron – Le Séquoia, 30470 Aimargues, France or by email at legal @ itesoft.com.
In a digital world there is no room for losses as a result of:
Small or large, all companies are facing these problems.
Speed of action, transparency and actionable corporate responsibility can all be achieved with Streamline for Invoices.
You could have the best workflow, the best analytical tools, even the most up to date supplier portal, but none of this matters if you’re not getting high quality and high volumes of data in to your systems at the beginning of the process. Hence, the importance of capture within Finance & Accounts Payable.
Most of you will have heard the expression; “you only get out what you put in”...
...similarly the expression “you only get out what you put in” applies to far more mundane and day to day areas of business, and very nicely answers the question I have posed in the title of this piece; is capture the key to automation?...
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