21 Reasons To Implement AI OCR Invoice Capture

ai ocr invoice capture

Rather Than Hiring Another AP Clerk? 1. Increased Efficiency AI invoice capture can process invoices faster and more accurately than manual data entry by an AP clerk. Automated invoice processing reduces the time and effort required to manage incoming invoices. Users report that AI optical character recognition reduces manual data entry by 80%. It can […]

AI Is Changing Data Capture

ai used for data capture

    Introduction:   Today, we’re diving into the world of AI and its game-changing impact on data capture. We will explore how AI is revolutionizing the way we gather information and why it matters in our fast-paced digital era. What is Data Capture? Data capture is the process of collecting and recording data from […]

How is Artificial Intelligence (AI) Assisting With Data Capture?

AI used for data capture

Introduction Welcome to our blog post, where we embark on an exciting journey into the realm of AI and its incredible role in automating data capture. Throughout this article, we will explore what AI means for me, the importance of data capture in my day-to-day life, and how AI can personally assist me in automating […]

Powerful Invoice Capture Tips Every Business Owner Should Know

invoice capture

Invoice capture, or the process of extracting information from an invoice in order to process it, has evolved quite a bit in recent years. Previously, every invoice had to be manually input into a computer. Which took a lot of time and frequently led to expensive errors. With the recent development of artificial intelligence tools. […]

Does large companies like Pepsi have the same AP challenges that I have?

paperless AP Automation

We sometimes forget that large companies like Pepsi have the same AP challenges as we do. A Pepsi Distributor in the mid-west was processing accounts payable manually and their costs kept climbing. When it was evident that they needed to either hire another accounting clerk or automate their process.  They decided to automate using Laserfiche. […]

Laserfiche Has One Year ROI For A Company Using It For Accounting Automation

Laserfiche ROI

Many people wonder what is the real world ROI of a Laserfiche ECM system used for accounting automation (APand AR functions). PERI Formwork Scaffolding Engineering Ltd said that they paid for their Laserfiche in the first year of operation.  They were able to: Reduced accounts receivable and payable processing times from weeks to one day […]