The automated technology, designed for accounts payable professionals includes data capture and visibility improvements for invoices.
Bottomline Technologies (NASDAQ:EPAY), fintech company has launched invoice data capture capabilities to its automated invoice services. Targeted towards accounts payable professionals, its technology is designed to digitize both paper and electronic invoices.
As quoted in the press release:
Bottomline is adding AI-powered data and image capture and validation which will help AP teams reduce manual data entry and correction. Auto-extraction of key invoice information enables the solution to match and validate invoices against POs and other documents in a touchless manner, ultimately boosting productivity. At-a-glance visibility across all AP activity will help customers improve cash management, governance, and audit capabilities. Customers will benefit from an enhanced overall user experience with personalized dashboards that provide contextual help, recommendations based on habitual past actions, and valuable insights into their trading partner network.
“Our innovative invoice automation enhancements combined with our proven payments capabilities provides our customers with an unmatched AP automation solution,” said Bill Wardwell, Vice President of Strategy & Product, Bottomline Technologies. “With seamless ERP connectivity, next generation invoice data capture, intelligent dashboards and full visibility across the invoice-to-pay lifecycle, AP departments will maximize process automation, freeing employees to focus on driving the business forward and increasing organizational value.”