Hospitality
ancora’s invoice processing automation allows your business to focus more on what matters most in hospitality- the guest experience.
Invoice challenges
Optimizing AP Workflows for Efficient Scaling
Automating invoicing workflows eliminates the hassle of managing paper documents. ancora offers automated data capture using AI and machine learning, allowing both paper and electronic invoices to be processed seamlessly. This means your accounts payable team no longer needs to manually file paperwork or print documents to obtain approvals.
By removing the manual tasks from invoice processing, your team can concentrate on what truly matters—ensuring your guests have an enjoyable stay and managing all the elements that contribute to that experience.
CASE STUDY
ancora Optimized InTown Suites' AP Workflow
InTown Suites was buried in paperwork. Waiting for invoices to arrive in the mail, shuffling papers around the office to get approvals or to get GL codes, everything about their process was manual. The opportunity for optimization was huge.
Check out our case study to learn how ancora optimized InTown Suites’ AP workflow, dramatically reducing the amount of time and effort that goes into their invoice processing, and saving a whole lot of trees in the process. With ancora’s artifical intelligence and machine learning, InTown Suites now handles invoices quicker, responds to vendors in a more timely manner, and their purchasing operations have been streamlined.
AI Driven
ancora utilizes AI and machine learning to intelligently process invoices and provide two-way matching to PO's
Simple Setup
ancora can be configured in a matter of days, not weeks or months
Proven Results
Hear it directly from our customers and partners alike- ancora's platform delivers as promised
Reduce Labor
ancora optimizes document centric workflows, which can reduce manual data entry and processing
Optimize AP With ancora
Revolutionize your manual invoice entry process with the power of automation to gain efficiency
Reduce Processing Costs
On average our customers save $12 per invoice in processing costs from reduced touch points, data entry, and errors.
Seamless Integrations
We provide native and standard exports for many of the leading ERP, Workflow, and ECM Systems to simplify integrations.
Flexible Implementation
ancora offers a fully web based user experience from anywhere and can be deployed on-Premise or in the Cloud.
Process Benefits
Automate invoice processing with AI
There’s a lot to manage with hotel operations. Making sure you have what you need, when you need it, and in the quantities you need, is key to ensuring a positive guest experience.
With invoice processing automation, you’re removing a large burden from your operations. ancora’s intelligent document processing uses AI and machine learning to automatically extract data from both paper and electronic invoices. With a 95% field capture rate, ancora accurately captures and verifies invoice data, eliminating the need for human interaction for up to 80% of invoices. That means less time spent on invoicing, so you can focus your efforts on better things.
Additionally, ancora can perform automated two-way matching between invoices and purchase orders, streamlining a traditionally burdensome task that can slow down your supply line, strain vendor relations, and cause delays with addressing discrepancies.
Automating your invoice processing reduces manual labor costs, accelerates your AP process, and allows your team to focus on the tasks that define what kind of visit your guests will have.
Click below to start the data transformation process within your organization