SimpleInvoice Invoice Processing Solution
SimpleInvoice is a preconfigured solution that uses the OCR and dictionary matching functionality of the SimpleIndex scanning and indexing software to automatically capture key information from invoices needed for Accounts Payable processing.
SimpleInvoice requires minimal configuration to get started, and comes with everything you need to capture most common invoice styles.
Use SimpleInvoice to:
- Capture data from paper and electronic invoices in a single workflow
- Automatically receive and enter Accounts Payable data in your accounting software
- Create full-text searchable invoice files
- Create an organized filing system for archiving invoices
- Quickly find and view invoices based on vendor, date, invoice number, or full-text search
- Direct integration with QuickBooks on-premise using SimpleQB
- Works with RPA bots to integrate with QuickBooks Online and other accounting systems
Uses Templates, Not Training
Most data on an invoice matches common patterns like dates and total amounts. The one exception is the invoice number, which has a different format for every vendor.
Using the Template Autofill feature in SimpleIndex, you to spell out the specific OCR pattern of a vendor’s invoice number as a column in your Vendor database. When processing invoices, it first identifies the vendor, then searches for the matching pattern in the text to find the invoice number.
This solution is far simpler than the machine learning algorithms employed by enterprise invoice OCR systems, which is why SimpleIndex is a fraction of the cost. It’s also simpler than other template-based systems that require you to locate every field for every vendor.
Enterprise Accounts Payable Automation
If your AP workflow requires advanced features like line item capture, GL coding, PO matching, VAT calculation, complex approval workflows, or if you have thousands of vendors to process, then an enterprise invoice processing solution is more appropriate.
Don’t worry, we can help you out with that too!
Find Out More
SimpleInvoice is included for free with any SimpleIndex license. Download SimpleIndex Now!
Some initial setup is required, and we can help you out with that too. Our Professional Services department can have you up and running in just a couple of hours.
Please Contact Us to find out more about SimpleInvoice!