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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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

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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
CustomsTrack
RENAULT

Customer payments accelerated up to 90% faster

90%

time savings in the invoice processing cycle

30+

countries

“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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Learn more

Brochure

FlexiCapture for Invoices: Streamline Accounts Payable with Turnkey Invoice Processing

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Brochure

Capture, Track, and Manage Expenses the Easy Way

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eBook

Intelligent Invoice Processing That Delivers on Its Promises

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Brochure

FlexiCapture for Invoices: Streamline Accounts Payable with Turnkey Invoice Processing

Download brochure

Brochure

Capture, Track, and Manage Expenses the Easy Way

Download brochure

eBook

Intelligent Invoice Processing That Delivers on Its Promises

Download ebook

Automated invoice processing FAQs

Invoice automation captures, extracts, and validates key data from invoices (both paper and digital) according to business rules. It then delivers the data to information systems such as RPA, BPM, and ERP to facilitate straight-through processing of invoices. No matter the channel that invoices arrive—paper, email, API, MFP/local scanning, mobile device, web-based scanning—all invoices are processed centrally.

Invoice automation can be combined with artificial intelligence (AI) to automate invoice processing workflows for all types of invoices, including paper. Automated invoice processing uses optical character recognition (OCR) to scan paper invoices and digitize their contents. OCR technology, in combination with AI, can understand the context of different invoice components, no matter where they are in the document. Invoice data is automatically extracted and verified, enabling straight-through processing.

Invoice automation can save employees from having to perform manual data entry, freeing them to focus on higher value tasks. It also helps AP departments to avoid making late or duplicate payments. With invoice automation, organizations also save money by being able to take advantage of early payment discounts.

Invoice automation can be used with the ERP infrastructure that’s already in place within an organization. Leading providers of invoice processing software offer free connectors to market-leading solution providers of information systems and accounting systems. This can provide an accelerated return on investment with low costs and a short time for integration.

Invoice automation software automatically performs a two- or three-way match to ensure invoice accuracy. This matching process reduces the risk of invoice fraud if an invoice with an improper amount is received. Invoice automation can also detect duplicated invoices so that invoices are only paid once. Automated invoice processing can provide additional documentation to support audit processes and compliance standards.

ABBYY’s invoice processing software utilizes the latest AI technologies, including machine learning, convolutional neural networks, natural language processing, and robotics. Its award-winning recognition provides unparalleled accuracy with even the most complex invoices, including line item and table data extraction.

We’ve helped many global organizations increase employee productivity, lower invoice processing costs, and drastically expedite invoice processing time with our invoice processing software. Try out our cloud-based invoice processing service today.

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

Best-in-class invoice process automation

An intelligent, scalable, and flexible solution for invoice automation