ABBYY Solutions for Accounts Payable

Whether they are accounting departments of large organizations or accounting firms tasked to keep the books for other organizations, their challenges are similar.  In the midst of cost and regulatory compliance pressures, accounting departments are striving to improve and extend the services they provide. They need innovative ways to reduce costs, increase efficiency and enhance business relationships.  Swift and accurate processing is critical, and ABBYY solutions are designed to do just that.

ABBYY helps streamline accounting processes.

Specific Needs

ABBYY solutions address accounting departments' special requirements:

  • Process invoices quickly and accurately, decreasing cost, time and effort spent
  • Process multiple formats of incoming invoices
  • Increase early-payment discounts
  • Improve key vendor relationships with greater responsiveness to invoice status
  • Efficiently process heavy volume of various insurance forms: claim forms, contracts, explanation of benefits (EOBs) and other insurance documents

Solutions and Products

Process High-Volumes of Documents, Forms and Invoices

Accounting departments can realize significant savings when they streamline the processing of their high volume of paperwork—from time savings to early-payment discounts. ABBYY provides innovative solutions that automate invoice and document processing that virtually eliminates time-consuming pre-sorting and error-prone manual data entry—with unmatched accuracy for great results.  No matter what type of incoming document, they can be instantly classified and selectively processed, extracting valuable data for efficient batch processing saving your company time and money. 

  • ABBYY FlexiCapture Professional
    Dynamic data and document capture software that accurately delivers automated capture, classification and indexing of any type of paper documents and forms in a single stream.

Benefits

  • Accelerate invoice entry
  • Enhance financial reporting capabilities
  • Improve vendor relationships with faster response time to invoice queries
  • Reduce costs by virtually eliminating time-consuming error-prone data entry
  • Increase early payment discounts
  • Create time for higher-level tasks

Customer Stories

ABBYY provides productivity-enhancing solutions that benefit accounting organizations.