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ABBYY FlexiCapture for Invoices

Best-in-class invoice process automation 

Turnkey, streamlined invoice processing is a reality with FlexiCapture for Invoices. Using purpose-built AI, we automate accounts payable to optimize cashflow outcomes.
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FCI_Overview_1

An intelligent, scalable, and flexible solution for invoice automation  

 

Manual invoice processing, like all manual data entry, is prone to human error and high costs. That’s why so many businesses use invoice processing automation technology to ensure that their vendor invoices are paid accurately, efficiently, and on time.

FlexiCapture for Invoices takes invoice automation to the highest level, easily accommodating invoices in different languages, with hundreds of pages, complex table structures, and unstructured data. ABBYY’s technology has been handling invoice data for 30 years, continually getting better and better. There is no type of invoice that we can’t handle, including e-invoices.

Why use automated invoice processing?

 
Faster invoice processing
Compared to manual invoice processing, automated invoice processes can drastically speed up invoice processing time—by as much as 81 percent. This translates into fewer late payments and more opportunities to take advantage of early payment discounts. It also expedites financial close and audit procedures.
Greater accuracy
Intelligent invoice automation uses artificial intelligence (AI) technologies such as machine learning, neural networks, and natural language processing to automate invoice capture, recognition, field extraction, and validation of data. This enables AP departments to consistently deliver accurate, on-time supplier payments.
Cost savings
With less manual effort required to improve the invoice process and cash management, operating expenses go down. Invoice processing software also helps organizations better detect invoice errors such as fraudulent activity, and avoid paying duplicate invoices—ensuring that accounts payable delivers accurate amounts every time, and that invoices are only paid once.
Streamlined AP workflow
Invoice processing automation solutions can capture invoice data arriving from various inputs—including central and distributed locations. Extracted and verified invoice data (and images) are delivered to the systems that need it—RPA, CRM, ERP, BPM, ECM, and accounting systems—providing a smarter, faster, end-to-end accounts payable automated workflow.

How does FlexiCapture for Invoices work?

 
ABBYY FlexiCapture for Invoices is a key component of a modern accounts payable automation solution.
  • Invoice input
  • Invoice classification
  • Data extraction & approval

Invoice input

 
The solution supports multiple input channels, including e-mail, web-based invoice scanning, MFP, FTP, mobile capture, and fax. It ensures identical document processing, independent of form or format.
ABBYY How to diagram_Flexicapture for Invoices-01

Classification

 
Invoice classification technology allows the sorting of documents by type and custom subcategories. The system learns on the fly, enabling fast deployment and higher processing accuracy.
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Data extraction and approval

 

FlexiCapture for Invoices identifies and extracts data from relevant invoice fields. It supports country-specific validation rules and invoice matching against master data, in addition to PO matching.
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Invoice automation—use cases

 

Out-of-the-box invoice processing
ABBYY's invoice processing solution is trained on a huge number of documents. Pre-configured extraction is built to extract key invoice data fields without requiring IT staff involvement and complex configuration.
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Integrated solutions
ABBYY smoothly plugs into RPA, CRM, ERP, BPM, ECM, and accounting systems, making end-to-end business processes smarter, faster, and more responsive. We offer free connectors to Blue Prism, UiPath, Laserfiche, M-Files, Automation Anywhere, SAP, and others.
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Invoice capture on the go
ABBYY FlexiCapture for Invoices helps shippers expedite invoicing and payments by capturing invoice data in-cab, the moment it’s received. Shippers use a mobile camera to capture invoice line items and automatically match them to POs, packing slips, and PODs for validation, invoicing of clients, and payment to shippers.
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Ready-to-go PO processing
Automate purchase order processing with a preconfigured project that contains the fields, rules, country settings, and validation rules required to capture data from purchase orders. ABBYY FlexiCapture for Invoices provides out-of-the box extraction of main fields both in purchase orders and invoices.
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Expense management workflow
FlexiCapture for Invoices has a ready-to-use project to capture receipts from business expenses and is easily customizable to suit your requirements. ABBYY mobile capture provides an easy and convenient way to capture data from receipts for further processing, using an app or mobile website.
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Cloud availability
You can run FlexiCapture for Invoices where it makes the most sense for your business. Choose your deployment option: via our FlexiCapture Cloud infrastructure or deployed on premises. FlexiCapture Cloud is configured and ready to allow you to start your project as soon as tomorrow.
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  • METRO AG

  • CLAY LACY

  • RENAULT

Metro-logo

Customer payments accelerated up to 90% faster

90%

time savings in the invoice processing cycle

30+

countries

Metro AG
“We chose ABBYY eight years ago. Since then, we haven’t seen a better automation solution on the market to reach our goal of zero-touch processing.”
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CLAY LACY

Invoice processing efficiency takes off

100%

content accuracy

35%+

increased efficiency

99.5%

paperless operations

Clay Lacy-cs-3
“Staff devoted to invoice intake has reduced by 90%, and error rates of 3-4% are now zero thanks to the software.”
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Renault Group

Finance department transformation

100%

digital transformation achieved

1 minute

to process an invoice

95%

capture and recognition accuracy

Renault-cs-2
“Working with ABBYY was a rich experience, not only because we could truly improve and simplify several processes within the company but also because they delivered exactly as was promised and with great time to market.”
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Learn more
Brochure
Brochure

FlexiCapture for Invoices: Streamline Accounts Payable with Turnkey Invoice Processing

Download brochure
eBook
eBook

Intelligent Invoice Processing That Delivers on Its Promises

Download ebook
Brochure
Brochure

FlexiCapture for Invoices: Streamline Accounts Payable with Turnkey Invoice Processing

Download brochure
eBook
eBook

Intelligent Invoice Processing That Delivers on Its Promises

Download ebook
Brochure
Brochure

FlexiCapture for Invoices: Streamline Accounts Payable with Turnkey Invoice Processing

Download brochure
eBook
eBook

Intelligent Invoice Processing That Delivers on Its Promises

Download ebook

Automated invoice processing FAQs

 

How does invoice automation work?
How does automated invoice processing software handle handwritten or paper invoices?
How does invoice automation reduce costs?
How does automated invoice processing work with existing systems?
How does invoice automation reduce errors and fraud?
Does invoice processing software use artificial intelligence (AI)?
How can your business get started with invoice processing automation?

Request a demo today!

Schedule a demo and see how ABBYY intelligent automation can transform the way you work—forever.

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