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Pressemitteilung BoxID: 238186 (AnyDoc Software GmbH)
  • AnyDoc Software GmbH
  • Baarerstrasse 10
  • 6300 Zug
  • http://www.anydocsoftware.com
  • Ansprechpartner
  • Judy Mann
  • +1 (813) 2220-414

Trio of Corporations Deploy Powerful AnyDoc®INVOICE(TM) Automated Solution to Boost Bottom Lines

(PresseBox) (Tampa, ) AnyDoc Software, a leading provider of automated document, data capture, and classification solutions, announced three corporations with billion-dollar revenues recently implemented AnyDoc's solution for invoice processing, for a combined deal value of more than $1 million. The award-winning AnyDoc®INVOICE(TM) solution has been successfully installed at all three organizations.

Implemented worldwide, AnyDocINVOICE improves invoice processing efficiency for a wide variety of industries, by replacing tedious manual data entry with automated data capture. AnyDocINVOICE automatically captures and processes the data needed from invoices, such as vendor information, purchase order numbers, line-item descriptions, product numbers, quantities, prices, terms, taxes, and more. Once the information has been captured, validated, matched (optional), and verified, data and images are ready for automatic transfer to nearly any financial database, ECM, ERP, document management and/or workflow systems. Typically, a positive ROI is achieved within the first year of implementation. With AnyDocINVOICE, companies are empowered to do more with less.

Selected by one of the world's largest tire producers, AnyDocINVOICE integrates with their existing SAP accounting system. The invoice data captured by AnyDocINVOICE can be validated against the associated SAP purchase order or vendor during processing, increasing data accuracy downstream. The AnyDoc solution also replaces their tedious and potentially inaccurate manual indexing process with automated indexing, using the data fields already automatically captured from the invoice.

And when a leading drilling services company wanted to cut the costs associated with manually processing the hundreds of thousands of invoices they receive each year, they also turned to AnyDocINVOICE. With the ability to effectively look up data already contained in the company's existing databases, AnyDocINVOICE automatically performs two-way matching of purchase order (PO) information to a specific invoice. Using this detailed information to auto-populate and verify data fields pertaining to a specific invoice, or to flag problems for review, a more complete and accurate data record is available downstream-eliminating the bottlenecks previously caused by missing or inaccurate data. Line-item detail is also automatically captured from each invoice.

Finally, an engineered component product manufacturer chose AnyDocINVOICE to reduce their cycle time to process invoices-allowing them to take advantage of early payment discounts and avoid late payment fees. The manufacturer originally planned to initially process only a portion of their more than 700,000 invoices annually through the AnyDocINVOICE solution. However, impressed by its ease-of use and how much more efficient the AnyDoc solution was than their previous manual method, the company decided that most, if not all, of the invoices should be processed through the new solution immediately, and with less staff.

Recognized for its abilities to locate data regardless of where it is located on the page and to capture line-item detail without the use of templates, AnyDocINVOICE incorporates its own AnyApp(TM) technology to enhance efficiency and processing speed. Using a unique "memory" technology, AnyApp provides a better way to capture the common data that appears on all invoices-such as invoice number or total amount due-but are found in different locations on each vendor's invoice.

To learn more about AnyDocINVOICE, visit www.anydocinvoice.com.

AnyDoc Software GmbH

AnyDoc Software offers innovative document, data capture, and classification solutions that have been the industry standard since 1991. Thousands of companies worldwide rely on AnyDoc solutions to eliminate millions of hours of manual data entry while improving productivity and accuracy. Any paper form, invoice, and document can be automatically processed with full data extraction without the need for manual keying. Clients include: Fastenal Company, Sony Pictures Entertainment, BlueCross BlueShield, the U.S. Census, LeasePlan, Coop, and more. For more information, please visit www.AnyDocSoftware.com.