Lights out! Touchless accounting

Touchless accounting can save you 100% time when processing invoices. The technology is fully available. What’s left is the question: Is the organization ready to let go and trust robots to do the work?

20. December 2019 | Blog

Do you work with orders and receipts and do you have to deal with piles of (digital) invoices on a daily basis? Think about the number of consecutive actions are required from a person to handle one invoice. How essential are these actions, are there no duplicate and therefore unnecessary checks, and isn’t it more efficient if people only need check the outliers? That’s a lot of questions. So let’s move on to some answers.

Invoice Processing

We’ve written extensively about the benefits of our OCR-as-a-Service: Industrial grade capture that imports, recognizes and transfers your invoices, so you don’t have to. Thanks to automatic invoice matching, Onventis Invoice Processing then ensures that robots take care of coding and matching invoices, without the need for human eyes to double check them. The result: fully matched, coded and approved invoices, ready to be processed in your administration.

Letting go

The only thing that you and your employees have to do? Let it go. Trust the application and make optimal use of the time that’s saved for other activities that humans are better at than computers. That might be a big step, letting go, but it will give you a great deal of efficiency.

Shift work

Because we can guarantee that the robot is error-free, the focus and core business of a number of employees, for example, might be shifted. The substantive activities of administrators, can shift from executive to controlling, and for an entire department the work process of invoice processing is being substantially adjusted. Work will focus much more on maintaining overview of the process and managing outages, mismatches and deviations. With the extra time available thanks to touchless accounting, your colleagues can work more accurately, more directly anticipate deviations and feel relieved from the data-entry burden on their shoulders.

Logbook

Rest assured: of course you don’t have to let go. The Invoice Processing robots ensure that every single operation, task and change is accurately logged. You can see the robot’s work list at any time to check the status of processes and see exactly which steps have been taken to get there. Onventis Invoice Processing is anything but a black box It is an assistance that doesn’t eat or sleep and always makes the right decision..

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