Many companies process hundreds, even thousands, of invoices every month. Managing them accurately in Sage 300 CRE can be time-consuming and prone to data-entry errors. Often, these invoices come in batches forcing overtime and increasing stress levels in overburdened accounts payable departments.
TimberScan Capture converts scanned images to coded TimberScan invoices using Optical Character Recognition, or OCR, to help alleviate AP burdens. Capture identifies the exact location of key data elements on scanned invoices, such as vendor name, invoice number, date or amount, and creates the TimberScan invoice for a paperless routing and approval experience.
With Capture, you can easily create invoice templates using a menu-driven program, too. Once a vendor’s invoice structure is set up and saved as a template, the next invoice from that company will be recognized automatically, and the data will be identified and placed correctly in the coded TimberScan invoice. Capture also supports multiple template profiles for a single vendor.
By converting scanned images into coded, TimberScan invoices, Capture can help reduce data entry time and effort by up to 90%.
In summary, key benefits of Capture include:
- Reduced data entry errors
- Less processing time for each invoice
- Easy to learn and implement
- Seamless integration with Sage 300 CRE