How document capture can speed up traffic in accounts payable

Turning Accounts Payable into a Profit Center with Document Automation

Cover

For Honda Logistics, manually processing 120,000 invoices per year was an untenable situation. The accounts payable department was spending too much time on data entry.

The organization explored several automated options that could manage invoices for all their subsidiary companies as well as provide a clear authorization matrix for approvals.

Discover how Honda Logistics found a document capture platform that used machine learning to read and analyze invoices. Other benefits included:

  • Moving data entry employees into managerial roles
  • Ability to answer vendor questions quickly
  • Monitor cashflow more easily
  • And more
Vendor:
Ephesoft
Posted:
26 Apr 2018
Published:
26 Apr 2018
Format:
PDF
Length:
4 Page(s)
Type:
Case Study
Language:
English
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