OCR Software
OCR Software
OCR Software
OCR Software
OCR Software
OCR Software
OCR Software

What can ReadSoft do
for your business?

View this short video!

 


 

 

 

Accounts Payable Automation integrated into SAP

ReadSoft is the global leader in the best of practice AP automation:

  • Reduce data entry error

  • Process invoices within days rather than weeks

  • Improve control and visibility

  • Maximize staff productivity
     

Reduce time, effort and cost to process invoices by up to 40% using the certified plug-in to SAP ReadSoft Invoice Business solution. The automated solution grants you the power to capture invoice information and seamlessly validate, approve and pay... right inside SAP!

Take advantage of a no-obligation performance benchmarking consultation with one of our business analyst experts to discuss process improvement ideas for your organization by contacting us.

Who uses our solution?

ReadSoft's solution is the most widely used software for invoice processing into SAP in the world. Customers include Village Roadshow, Rio Tinto, Electricity Trust of SA, QUT, Rural Press, Sony, Porsche, Caltex, Vector, Telecom NZ, Siemens, BP, Lockheed Martin and hundreds more.

How it works

ReadSoft's solution runs inside your SAP system using your standard setup and configuration and provides your organization with a market leading solution to achieve best practice in Accounts Payable processing. The integration is fully endorsed and certified by SAP.

The solution

Using INVOICES, ReadSoft's world renowned Optical Character Recognition (OCR) technology, invoices are scanned and automatically transferred into your SAP business system where INVOICE COCKPIT validates supplier information against your list of approved suppliers, matches data against existing (MM) purchase orders and forwards to Accounts Payable for posting. Invoices without matched supplier information (FI) and purchase orders can be processed using ReadSoft's integrated high performance workflow solution WEB CYCLE to forward to appropriate stakeholders for quick resolution.

The solution includes search and reporting tools to improve performance of AP personnel and a supplier portal for greater supply chain collaboration and services.
 


Our solid SAP expertise

Part of ReadSoft's Research & Development Department is solely dedicated to SAP consulting and development. These experts will be at your disposal during the implementation.
 

Read more:

Invoices Business Solution for SAP

(PDF, 8 pages)

An overview of the Invoices Business Solution for handling supplier invoices within SAP ERP.
   
The core components required for complete automated invoice processing include:
INVOICES Extracts and validates information from paper or electronic invoices and transfers data (and an invoice image) into SAP.
INVOICE COCKPIT A control center for all incoming invoices in SAP to execute or initiate all processing steps.
WEB CYCLE An electronic workflow inside the SAP environment for approval of un-matched invoices.
   
Depending on your business needs we also offer the following additional components:
ANALYZER Provides you with reports and statistics on your document flow in SAP to monitor the performance of your team.
WEB BOARD
& INFOMAIL
Supplier collaboration portal which enables suppliers to monitor the processing status of their invoices, revise terms and convert purchase orders to invoices via the web.
PROCESS DIRECTOR Expands your system beyond invoice processing and allows you to process other documents, such as purchase and sales orders inside SAP.

All brochures and documentation >>

 
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