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ABBYY FlexiCapture for InvoicesABBYY

ABBYY FlexiCapture for Invoices automates invoice processing, reducing errors and costs. It handles various invoice formats, ensuring accurate and timely payments, and integrates seamlessly with existing systems.

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Vendor

ABBYY

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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.

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.

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.

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.

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.

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.

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.

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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