ABBYY FlexiCapture for Invoices is a turnkey invoice process automation application that reduces inefficiencies, errors, and costs associated with manual invoice processing by eliminating data entry and the physical handling of paper. FlexiCapture for Invoices automates invoice capture, recognition, field extraction, and validation of data and facilitates straight-through processing of PO-based invoices.
increase in employee productivity
less time responding to inquiries
lower invoice processing costs
fewer late payments
faster invoice processing time
Leverage ABBYY’s award-winning, AI-driven recognition neural networks and machine learning technologies to provide unparalleled accuracy. FlexiCapture for Invoices can locate invoice data within the most complex documents through multiple approaches of functionality.
Automate invoice processing almost immediately—without a long or difficult deployment. The solution is pre-configured to identify required data fields, and out-of-the-box settings are easy to adjust to the unique rules of the business. FlexiCapture for Invoices is available on premise or in the cloud.
FlexiCapture for Invoices supports line item extraction, including invoices with multi-line descriptions, multiple pages, and inconsistent column headers. Line items extracted from the invoice are matched against rows of data in a corresponding purchase order (found in the ERP).
In the event that FlexiCapture for Invoices cannot initially locate new supplier invoice data, a machine learning function teaches the program where to find new data during normal operations, eliminating the need for constant configuration. Configuration is based on algorithms and keywords rather than templates so the information can exist anywhere on the page and the software can recognize it.
Process up to 200 invoices immediately, free of charge, with our cloud-based document processing service. Try out our sample invoices or upload your own.Try it now
In partnership with ABBYY, this report explores the increasing importance of digital transformation, the new normal for finance organizations, the benefits of Digital Intelligence, best practices to achieve digital transformation within finance and accounting, and much more.
Costain, the leading smart infrastructure solutions company serving the UK’s energy, water, transportation and defense markets transformed its procure-to-pay operation and upskill its ﬁnance team with ABBYY Digital Intelligence.
Commercial property consultancy Lambert Smith Hampton revolutionised their AP process, taking the next step in digital transformation.
PepsiCo looked for a solution to eliminate the time and labour-intensive job of keying invoice and credit data into SAP manually.
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The ABBYY Team