Invoice Processing

Invoice processing represents a significant overhead cost for most businesses.

Processing invoices quickly and accurately is crucial to reducing operating costs and improving key vendor relationships.

ancora Software provides specially designed software tools to eliminate both the costs and errors of processing invoices in all forms, paper and electronic.Wrong or missing data is automatically flagged through built-in exception handling tools, allowing you to focus only on issues that need attention.

AncoraDocs Invoices Key Performance Metrics

Reduce Processing Time by 85%
Reduce Processing Costs by 65%
Reduce Errors by 95%

Streamline the Process

AncoraDocs Invoices can import invoices from paper, email, or fax servers. With our automated processing capabilites. Using OCR and machine learning, if the invoice is in good order and balances, you don’t even have to touch it. Save time by only looking at exceptions.

Identify Data Discrepancies

Our built in business rules engine, validates the invoice is correct and balanced and alerts users where data discrepancies need to be resolved.

  • Validate the Line Items match the subtotal
  • Account for shipping and taxes including VAT in calculating totals
  • Detect and prevent over paying

 

Reduce Costs

AncoraDocs Invoices has been proven to eliminate costs within your AP department. On average our customers save $12 per invoice in processing costs purely from reduced touch points, elimination of data entry, reduction in data errors.

ERP and Workflow Approval System Integration

We provide native and standard exports for many of the leading ERP and Workflow and Document Management Systems. Making ancoraDocs easy to implement within your organization by eliminating the time and need to custom integration and development.

Start Transforming your AP Department Today

Our customers see an ROI often in a little as 3 months. What’s holding you back? Contact Us and start streamlining your AP processes today!