We required the solution to capture both header data for non stock invoices and header and stock details for PO invoice matching.The solution required a combination of products both originally Swedish :1) Readsoft (now owned by Kofax). An OCR technology reading pdf documents and will poll email accounts to import invoices for processing. Ultimately it's accuracy depends on quality of pdf and whether all pertinent information is on the invoice. You may be surprised as we were in some cases of the details. Supplier readiness is important.2) ExFlow by SignUp software which is an Ax Isv that manages registration and approval of invoices by auto approval or allocation to users based on simple rules or match and post collated PO invoice data to receipts.
We process approximately 400,000 invoices annually.I believe that there are a few different solutions available.We also still receive paper invoices and these can be scanned by a 3rd party or we scan them ourselves internally.As mentioned the success of the process is highly dependant on the quality of the information on the invoice and the quality of the image.
If you've found this thread useful, dive deeper into User Group community content by role