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Accounts Payable Processing in the cloud

Editorial Type: News     Date: 03-2016    Views: 1160   






Lexmark has released ReadSoft Online R8, a cloud-based invoice processing solution designed specifically for accounts payable functions in small and medium businesses

Invoice capture and process automation with ReadSoft Online reduces manual data entry and cost-per-invoice processing by as much as 90 percent, while helping eliminate duplicate or lost invoices.

ReadSoft Online integrates with many ERP systems and incorporates business logic with country-specific knowledge to efficiently capture data from vendor invoices. Invoices can be uploaded into ReadSoft Online or it can be used to scan paper-based invoices and capture invoices received via email. After the business-critical content has been extracted and verified, that invoice data can be automatically routed to an optional approval workflow. Invoice images and data can then be transferred to downstream applications and repositories.

Running on Windows Azure, the ReadSoft Online multi-tenant cloud solution offers secure 24/7 availability and access to real-time product updates. More than 2,700 small and medium businesses already rely on ReadSoft Online to improve their operations and productivity.
www.lexmark.com

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