Terminology

 

 

Invoice Processing Automation

 

Accounting Software

Invoice Processing Automation for SAPAccounting Software will automate your invoices handling and give you faster, safer, and more reliable financial statements. Since ReadSoft's invoice processing software is able to capture information automatically from any invoice, there will be a minimum of human errors. Our accounting software will capture the information, validate it against information in your business system and transfer it perfectly. With our accounting software, it doesn't matter if your invoices come in via paper, web, fax or email.

This automatic data entry using the accounting software is conducted in two ways. OCR (Optical Character Recognition) deals with machine print while ICR (Intelligent Character Recognition) allows ReadSoft's software to recognize handwritten characters. When entering forms and invoices into a computer system with automatic document capture using the accounting software, you will be able to save enormous time and money. It also reduces human errors to a minimum and thus our accounting software will increase the data quality. 

Read more about accounting software on ReadSoft's website >> 

 

Accounting Software

Accounting software such as ReadSoft's product for automatic invoice processing facilitates your financial tasks considerably. The data capture technology of today using our accounting software allows you to strikingly reduce the time and effort spent on invoice handling. Our accounting software solution for electronic document management can be the part of your business system that makes you achieve your financial goals for this year.

Accounting software helps taking care of your business so you can concentrate on other things! 

Accounting software on ReadSoft's website >> 

 

Accounts Payable

Accounts Payable with ReadSoft's invoice processing software will automate your disbursement handling and you will gain control over your cash flow.

ReadSoft's optical character recognition software is able to extract information from any supplier invoice and post the correct information into an accounts payable flow. Thus, the data capture solution is very much part of the accounts payable process. With ReadSoft, handling accounts payable is hassle-free. 

Read more about Accounts Payable on ReadSoft's website >>

 

Accounts payable automation

Accounts payable automation (or AP automation) is slowly becoming standard among effective and cost-conscious organizations around the world. By using a software system for accounts payable automation, companies shorten their payment cycles, cut down on AP-related costs, and increase control over the AP-cycle.

Go green with accounts payable automation software

An accounts payable automation system will not only reduce costs and payment cycles, it will also spare the environment by using less paper and transports.

Accounts payable automation - How it works

Paper invoices are scanned and turned into a digital image. From this image, the AP software can automatically extract information. If it is an electronic invoice, it is directly imported into the system.

The accounts payable automation software thereafter matches the extracted information against a purchase order. If there is a complete match between the purchase order and the invoice, it is posted for payment automatically. If no purchase order exists, it is routed to the correct person in a cost allocation cycle.

With an accounts payable automation system, you can follow the whole accounts payable cycle, giving you full control over costs, bottlenecks, or other problems that may occur. This will provide you with a complete audit trail to support compliance with legislation such as the Sarbanes Oxley act (SOX.)

Accounts payable automation - the benefits of implementing an automated software system

  • Accounts payable automation is more cost effective than manual handling.

  • Accounts payable automation is faster than manual handling.

  • Accounts payable automation will give your AP staff time to focus on more productive tasks.

  • Accounts payable automation will give you better control over your AP cycle.

  • Accounts payable automation will enable you to take advantage of early payment discounts and avoid late payment penalties.

Read more about Accounts Payable Automation on ReadSoft's website >>

 

Accounts payable automation for Oracle E-business Suite

Accounts payable automation for Oracle E-business Suite is one of ReadSoft's expertise areas.

By automating AP processes such as invoice data capture, invoice matching against Oracle E-business Suite, workflow processes etc, you will increase business efficiency across the enterprise.

The integration to Oracle E-business Suite is fully certified and endorsed by Oracle.

Accounts payable automation for Oracle E-business Suite will make you AP processes greener.

With accounts payable automation for Oracle E-business Suite, the need for paper and transports will be substantially reduced, resulting in a greener AP process.

Accounts payable automation for Oracle E-business Suite - how the integration works:

However efficient your Oracle E-business Suite enterprise system may be, you still have a major bottleneck in your AP department - getting your invoices into Oracle E-business Suite.

With ReadSoft's accounts payable automation software, you will have one entry point for all your incoming invoices to the enterprise. All invoices are funneled into Oracle E-business Suite through a tight and certified integration.

If there is a purchase order present in Oracle E-business Suite, the invoice can be automatically matched aginst it.

If there is 100% match, the invoice is processed automatically without need for human intervention from the AP department. This means that you have complete accounts payable automation for all PO invoices that are correct.

If there are any errors on the invoice, or if it is a general expense invoice, the invoice is passed on to a workflow process, where non AP-staff can allocate invoices with a few clicks of the mouse.

The accounts payable automation software runs inside Oracle E-business Suite using your familiar Oracle E-business Suite interface.

Skilled accounts payable automation experts from ReadSoft will follow you through the entire integration process.

 

The benefits of accounts payable automation for Oracle E-business Suite:

  • Accounts payable automation is faster and more cost effective than manual handling.

  • Accounts payable automation will give your AP staff time to focus on more productive tasks inside Oracle E-business Suite.

  • Accounts payable automation will give you better control over your AP process across the enterprise.

  • Accounts payable automation will enable you to take advantage of early payment discounts and avoid late payment penalties.

  • Accounts payable automation will make you able to handle all invoice processing inside your familiar Oracle E-business Suite environment through a certified enterprise integration.

Read more about counts payable automation for Oracle E-business Suiteon ReadSoft's website >>

 

 

 

Accounts Payable Automation

Accounts payable automation (or AP automation) is slowly becoming standard among effective and cost-conscious organizations around the world. By using a software system for accounts payable automation, companies shorten their payment cycles, cut down on AP-related costs, and increase control over the AP-cycle.

Go green with accounts payable automation software

An accounts payable automation system will not only reduce costs and payment cycles, it will also spare the environment by using less paper and transports.

Accounts payable automation - How it works

By scanning your incoming invoices, a digital image is created. From this, the software ReadSoft DOCUMENTS for Invoices extracts information.

Paper invoices are scanned and turned into a digital image. From this image, the AP software can automatically extract information. If it is an electronic invoice, it is directly imported into the system.

The accounts payable automation software thereafter matches the extracted information against a purchase order. If there is a complete match between the purchase order and the invoice, it is posted for payment automatically. If no purchase order exists, it is routed to the correct person in a cost allocation cycle.

After the correct information has been extracted, the software interacts with financial systems such as SAP and Oracle and compares invoice numbers, goods received, purchase ledger, etc.

With an accounts payable automation system, you can follow the whole accounts payable cycle, giving you full control over costs, bottlenecks, or other problems that may occur. This will provide you with a complete audit trail to support compliance with legislation such as the Sarbanes Oxley act (SOX.)

The level of Accounts Payable Automation is defined by the user. At the highest level of Accounts Payable Automation, no one even has to see the invoice after scanning. The accounting process (information extraction, verification against business systems and approval) can be fully automatic.

Accounts payable automation - the benefits of implementing an automated software system

  • Accounts payable automation is more cost effective than manual handling.

  • Accounts payable automation is faster than manual handling.

  • Accounts payable automation will give your AP staff time to focus on more productive tasks.

  • Accounts payable automation will give you better control over your AP cycle.

  • Accounts payable automation will enable you to take advantage of early payment discounts and avoid late payment penalties.

Accounts Payable Automation will give you better control over your accounting process. It will also make it faster and less expensive.

The software ReadSoft DOCUMENTS for Invoices will automatically extract information from your incoming invoices and validate it against your financial system

Accounts Payable Automation means faster invoice processing, using less staff. Since you will have a fully electronic accounting procedure, Accounts Payable Automation brings you better control and less human errors.

The major player in Accounts Payable Automation

With some 1500 customers all over the world, ReadSoft is the largest supplier of software for Accounts Payable Automation. Millions of invoices are processed every year with the award-winning software ReadSoft DOCUMENTS for Invoices.

Read more about Accounts Payable on ReadSoft's website >>

 

Accounts payable cycle

Accounts payable cycles (workflows) are oftentimes unnecessarily long and cumbersome when invoices are processed manually.

The full accounts payable cycle can be shortened substantially however, by using software for AP process automation.

ReadSoft is the world's leading supplier of software for automating the accounts payable cycle. Thousands of organizations around the world use ReadSoft software to process their invoices.

By automating the full accounts payable cycle, organizations improve the efficiency in their AP process, automate their invoice workflows and save a lot of money on early payment discounts.

AP process automation is good for the environment too

Full automation of the accounts payable cycle also means that companies use less paper and transports which lowers CO2 emissions.

How to automate the accounts payable cycle

To automate the full accounts payable cycle, you first need to make sure that paper invoices are scanned and that the information is extracted using OCR. E-invoices, can also be automatically imported into workflow process.

The invoice information can then be automatically matched against a purchase order in an ERP system. If all information checks out, it can be posted for payment automatically. If not, the invoice is sent to in an accounts payable cycle workflow to the correct person for processing and approval.

The benefits of fully automating the accounts payable cycle:

  • The accounts payable cycle will be faster. This will enable you to get early payment discounts and avoid late payment fees.

  • The accounts payable cycle will be less expensive since less staff is needed to process the invoices.

  • The accounts payable cycle will become more efficient since your staff can concentrate fully on process improvement instead of invoice keying.

  • You will have better control of the full accounts payable cycle through continual AP statistics and a full audit trail.

 Read more about Accounts Payable cycles on ReadSoft's website>>

 

Accounts payable workflow

Accounts payable workflows are often very manual processes. In many cases, they even involve paper invoices being sent by post from the accounting department and allocated in a very long cycle.

With document process automation software, these manual processes can be abolished and AP cycles substantially shortened.

Making the accounts payable workflow greener

Automated accounts payable workflows are nowadays becoming standard among progressive and modern AP and accounting departments around the world.

The software does not only shorten payment cycles and improve AP processes, it is also environmentally friendly, since less paper and transports are needed in the accounts payable workflow.

Automation of the accounts payable workflow - how it works

The first step towards automating the accounts payable workflow cycle is to capture information from invoices that come in to the AP or accounting department. Paper invoices are scanned and E-invoices are imported into the accounts payable workflow.

Purchase order invoices can be automatically matched against a purchase order in an ERP system enabling a fully automated AP process where the accounting department doesn't even have to see the invoice after scanning.

If there are deviations from the PO, or if it a general expense invoice, it is passed to the accounts payable workflow cycle for processing and allocation in an easy-to-use web interface.

The benefits of automating the accounts payable workflow cycle:

  • The accounts payable workflow cycle will be faster, enabling you to get early payment discounts and avoid late payment fees.

  • The accounts payable workflow will be less expensive since less accounting staff is needed to process invoices.

  • The accounts payable workflow will become more efficient since your AP staff can concentrate fully on accounting tasks and process improvement instead of invoice keying.

  • You will have better control of the full accounts payable workflow process through continual AP statistics and a full audit trail.

 Read more about Accounts PayableWorkflow  on ReadSoft's website >>

 

Automated Invoice Processing

Automated Invoice Processing gives you a fully automatic invoice workflow.

ReadSoft's Automated Invoice Processing software INVOICES will capture, interpret, validate and transfer the information on your invoices.

Automated invoice processing results in Substantial savings and better control. With manual handling, an invoice costs between $20 to $60 to process.
ReadSoft Automated Invoice Processing software frees you from this manual handling, automates and streamlines your invoice flow, and generates an average savings of 25-50%.

Consequently, if you receive 20,000 invoices per year, ReadSoft's Automated Invoice Processing software can save you at least $100,000.

At the ultimate level of Invoice Processing automation, the invoice is automatically posted to your Accounts Payable. Your staff doesn't even have to see the invoice.

The whole process of Automated Invoice Processing is streamlined and fully automated.

ReadSoft's Automated Invoice Processing software is unique since it can recognize new incoming invoices and figure out which fields to interpret. This intelligent character recognition using advanced OCR-technology allows you to get an automated optimized invoice flow enabling huge savings in time and money.

The Automated Invoice Processing software reduces manual work to a minimum. With Automated Invoice Processing, the number of human errors will be reduced and your data quality substantially raised.

ReadSoft has a long experience of efficient Invoice Processing integrations with most ERP systems on the market. These include SAP ERP, Oracle E-Business Suite, Microsoft Dynamics, and many others. By integrating ReadSoft Invoice Processing software with your ERP system, you can automatically verify invoice information about vendors, orders, goods received, etc.

The world's No. 1 choice for invoice processing in SAP and Oracle
ReadSoft's Automated Invoice Processing software can automatically verify information about vendors, orders, goods received, etc., against your SAP business system.

ReadSoft DOCUMENTS for Invoices is the most widely used software for automated invoice processing into SAP in the world. Customers include Sony, Porsche, ThyssenKrupp, Siemens, BP, Lockheed Martin and hundreds more.

ReadSoft's Oracle invoice processing solution is based on standard Oracle E-Business Suite components controlled by the Oracle workflow. This means that all invoice data is kept within Oracle E-Business Suite.

Automated invoice processing allows you to get a fully automatic invoice flow. ReadSoft's data capture software INVOICES will capture, interpret, validate and transfer the information on your invoices. The whole process is handled automatically.

ReadSoft's software is unique since it can recognize new incoming invoices and figure out which fields to interpret. This intelligent character recognition allows you to get an automated invoices flow enabling huge savings in time and money. Since the automated invoice processing software reduces manual work to a minimum, the number of human errors will be reduced and your data quality substantially raised.

By automating your invoice processing, you will streamline your invoice workflow, and optimize your business processes.

More about Automated invoice processing >>

 

 

 

AP Automation

AP Automation (or Accounts Payable Automation) means that you can automatically extract information from your incoming invoices and match this against your AP system. This will give you better control over your accounting process. AP automation will also make processes faster and less expensive.

ReadSoft DOCUMENTS for Invoices is a software solution which captures information from invoices and validates it against your Accounts Payable system or ERP system. Our AP Automation software has certified integration to most AP systems such as MySAP ERP and Oracle E-Business Suite.

By using AP Automation, you can speed your accounts payable processes, using less staff. Since you will have a fully electronic accounting procedure, AP Automation brings you better control and less human errors.

How AP Automation works

Paper invoices are scanned, and electronic documents are received. From the digital images, the AP Automation software extracts information. After the correct information has been extracted, the software interacts with financial systems such as SAP and Oracle and compares invoice numbers, goods received, purchase ledger, etc.

The level of AP Automation is defined by the user. At the highest level of AP Automation, no one even has to see the invoice after scanning. The accounting process (information extraction, verification against business systems and approval) can be fully automatic.

The No.1 player in AP Automation

With some 2000 customers all over the world, ReadSoft is the largest supplier of software for AP Automation to the enterprise. Millions of invoices are processed every year with our award-winning AP Automation software.

More about AP Automation >> 

 

Billing Software

Billing Software from ReadSoft automates your document processing. Using billing software will save you time and money.

ReadSoft's data capture software captures, interprets and validates the information on your invoices, and transfers it into your computer system. Does this sound unbelievable? Well, it almost is. The unique thing about ReadSoft's electronic invoices processing software including billing software is that it will recognize new invoices and figure out which fields to interpret without manual interference. Billing software has the intelligence that allows you to get an automatic invoice flow enabling huge savings in both time and money. The number of human errors is reduced and your data quality is increased because the billing software reduces manual entry to a minimum.

More about Billing Software on ReadSoft's website >>

 

Business Software

Business Software that captures your documents automatically is essential for any company processing large volumes of forms and/or invoices. Business software saves you both time and money by automatically extracting information from documents and transferring this information into your business system. Our data capture software and business software will "read" information on your invoices or forms, using a technology called optical character recognition. It doesn't matter if documents arrive via email, fax, web or paper. Once the information is extracted from the documents, it is interpreted, verified and transferred into any computer system. Business software allows for automatic handling.

Using business software like ReadSoft's automatic document processing solutions creates numerous advantages for your business. Some companies using business software have been able to cut their document management costs by almost 75%.

More about our business software on ReadSoft's website >>

 

Claim Processing

Claim processing is nowadays easily rationalized using data capture software. The scanning process in claim processing is fast and easy. Data involved in claim processing can be captured from any type of document - email, web, fax or paper. ReadSoft's products for data capture will automatically extract information from electronic claims as well as paper-based claims, letting you concentrate on other things. It simply makes claim processing easier and cheaper for you by document scanning software. Claim processing in this way increases the data quality, which is far better compared to manual data entry.

Read more about Claim Processing on ReadSoft's website >>

 

Claims Management

Claims Management becomes less of a struggle with ReadSoft's software for automatic document processing.

When handled manually, claims management can become an overwhelming task. The claim documents have to be sorted, keyed into a computer, archived etc.

Fortunately, claims management can be done in a better way. By scanning claims with ReadSoft's automatic data capture software, we create an image (document imaging) from which to extract information. The software also handles electronic documents like emails, web forms, faxes etc. With automated claims management, you can sit back and watch our software read the claims, interpret and validate them, and then transfer them into your business system. Claims management has never been easier. Thanks to this form scanning technology, claims management process is highly automated with a minimum of manual interference.

More about claims management on our website >> >>

 

 

Claims Processing

Claims Processing software from ReadSoft captures your data automatically, which improves the efficiency and accuracy of the process. The technology making automated claims processing possible is called optical character recognition.

In claims processing, our scanning software reads information on any types of claims no matter if the documents arrive via email, fax, web or paper. ReadSoft's automatic data capture products extract information from documents, quickly and reliably. Once the information is extracted, it is interpreted, verified and transferred into any computer system. As claims processing is handled automatically, you will be able to spend your time on more important tasks.

More about claims processing >> >> 

 

Electronic Claims

Electronic Claims handled automatically with our form processing solutions means increased speed and accuracy. In fact, manual claims management can easily become an overwhelming task. The claims need to be sorted, keyed into a computer, archived etc. Luckily there is a better way to handle electronic claims. Our data capture software scans your electronic claims and creates an image from which the information can be extracted. Electronic claims coming in via web or email are easily imported directly into the software. Sit back and watch the document management software read the electronic claims, interpret and validate them, and then transfer them into your business system. The process is highly automated with a minimum of manual interference. Claims management has never been easier.

More about electronic claims on our website >> >>

E-Invoices

An e-invoice is an invoice which is sent and received electronically. This can be done via email, the Internet, a CD or any other electronic medium. In other words, an e-invoice is an invoice which isn't paper based.
E-invoices can be divided into two categories:

  1. Standardized textfiles based on standards such as XML or EDIFACT. This type of e-invoice is easily interpreted by a computer but it is harder for us humans to understand. There are also different standards depending on country, line of business etc. 
  2.  Digitized images of invoices based on formats such as PDF. The greatest benefit with this type of e-invoice is simplicity. The sender sends an image of the invoice as an email attachment. The receiver can process the e-invoice using the same procedure as with regular, paper invoices.

ReadSoft offers a simple and inexpensive e-invoice solution which covers what you need and is easy to set up.

 

 More about electronic claims on our website>> >>

  

EZ-OUT

ReadSoft EZ-OUT is by far the easiest way to email invoices and other documents. Did you ever calculate the cost of sending an invoice by ordinary mail? Do it, and you will quickly realize the business benefits of switching to email. With ReadSoft EZ-OUT you will start enjoying these benefits today!

less paper and envelopes, saving expenses and handling
 

·                     less printing, saving time and toner

·                     less postage, saving expenses

·                     faster invoice processing, reducing the risk of not getting paid on time
 

Email invoices to all your customers with EZ-OUT. A growing number of your customers are looking into receiving electronic, instead of paper-based invoices. With ReadSoft EZ-OUT you will be able to meet your customers needs.

It is as simple as printing a paper copy ReadSoft EZ-OUT detects invoices in the print queue and automatically creates emails, independent of your invoice generating software.

EZ-OUT makes it possible to achieve a fully automatic invoice flow. The software captures all of your invoices, on paper or in electronic form, interprets each invoice and identifies requisite information. EZ-OUT then transfers this data into your financial business system.

By using OCR and ICR recognition technology, the system accurately captures all critical invoice data: vendor ID, date, line item and total amounts etc. Financial data is available much faster, accounts are resolved with minimal human interaction and the entire invoicing process becomes a streamlined operation. Not to mention the savings in ez-out costs!

Your accounts payable staff will experience drastic improvements in their daily routines. With EZ-OUT, the time required to process paper invoices will be reduced, as well as the time spent on correcting data errors. You don't have to turn to an expensive edi software to handle your invoices efficiently - the invoice scanning software will take care of the job for you.More about ez-out on www.readsoft.com >> >>

 

Invoice automation

 

Invoice automation is being used by thousands of cost-conscious and effective organizations around the world.

Through invoice automation and scanning, these organizations can:

  • Increase efficiency in their invoice processing.
  • Decrease costs for invoice processing.
  • Get a highly automated accounts payable process which speeds up payment times.
  • Send and receive E-invoices to become even more automated

Invoice automation - economical and ecological

Invoice automation and scanning will not only affect your bottom line, it will also spare the environment by using less paper and transports. If you start using e-invoicing, you will reduce even more waste.

Invoice automation, e- invoicing, and scanning - How it works

Invoice automation requires all information to be digitized. Through scanning, paper invoices are turned into a digital image from which the invoice automation software can extract information.

Through e-invoicing, you can also receive electronic invoices, straight into the invoice processing software (or send E-invoices to your customers).

The invoice automation software matches the invoice information against a purchase order in your ERP system. If there is a complete match, the invoice is posted for payment in a fully automated process. If no purchase order exists, it is routed to the correct person for further processing.

Invoice automation makes it possible for you to follow and track your invoice processing. You can spot bottlenecks early and get a complete audit trail of your automated process (enabling compliance with legislation such as the Sarbanes Oxley Act)

Invoice automation, scanning, and e-invoicing - the benefits

  • Invoice automation is faster and less expensive than manual handling.
  • Invoice automation will give you better control over your AP cycle.
  • Invoice automation will give your staff time to focus on productive tasks.
  • Scanning will make all your documents digital for easy search and retrieval.
  • E-invoicing will speed up your invoice processing even further (since all invoices arrive in perfect, electronic format.)

More about Invoice automation on our website >> >> 

 

Invoice Processing

Invoice Processing software improves accuracy and efficiency in handling invoices. It makes it possible for invoice processing to achieve a fully automatic invoice flow. The software captures all of your invoices, on paper or in electronic form, interprets each invoice and identifies requisite information. It then transfers this data into your financial business system.
Invoice processing is done by using OCR and ICR recognition technology, the system accurately captures all critical invoice data: vendor ID, date, line item and total amounts etc. Financial data is available much faster, accounts are resolved with minimal human interaction and the entire invoicing process becomes a streamlined operation. Not to mention the savings in invoice processing costs!

Your accounts payable staff will experience drastic improvements in their daily routines in invoice processing. The time required to process paper invoices will be reduced, as well as the time spent on correcting data errors. You don't have to turn to an expensive invoice processing service to handle your invoices efficiently - the invoice scanning software will take care of the job for you.

More about invoice processing on ReadSoft's website >> >>

 

Invoicing Software

Invoicing Software from ReadSoft makes it possible for you to get the information from your invoices (in any format - email, web, fax or paper) into your computer system automatically using optical character recognition (OCR).

Our data capture software and invoicing software automatically capture, interpret, validate and transfer the information on your invoices. Does this sound unbelievable? Well, it almost is. The unique about ReadSoft's invoicing software is that it can recognize new invoices and figure out which fields to interpret.

This document processing solution using invoicing software allows you to get an automatic flow of invoices enabling huge savings in both money and time. With invoicing software, the number of human errors is reduced. Your data quality is substantially raised because the automatic invoicing software reduces manual handling to a minimum.

More about invoicing software on ReadSoft's website >>

 

Invoice Scanning Software

Invoice scanning software is becoming standard in modern and efficient organizations.

By using a scanner to digitize invoices, these companies have found an automated solution to the tedious work of keying in information into computers.

Through an integration to an ERP system, the invoice scanning software can automatically match invoices against purchase orders which really boosts efficiency.

Invoice scanning software - economical and ecological

An invoice scanning software solution is also good for the environment since the scanner digitizes information which minimizes paper waste.

How invoice scanning software works

An invoice scanning software is more than just a solution for scanning invoices. The solution would have little value without an automated integration to an ERP system. Through this integration, the invoice scanning software can automatically match the invoice information against a purchase order. If there is a complete match, the invoice is posted for payment in a fully automated process. If no purchase order exists, the invoice scanning software sends the invoice to the correct person for allocation.

What type of scanner is needed?

You can use any type of scanner, but a bigger production scanner is usually the most automated and reliable choice. ReadSoft software works with most scanners on the market.

With an invoice automation software solution, you will have full control over your invoice flow since the scanner solution makes all information digital and easily searched and retrieved.

The benefits of an invoice scanning software solution

  • Invoice scanning software uses a scanner instead of manual keying. This is faster and less expensive.

  • An invoice scanning software make all invoices digital for easy search and retrieval.

  • An integration to your ERP system will allow the invoice scanning software to match invoices against purchase orders, lowering the workload on your AP staff.

  • Invoice scanning software will give you better control over your AP cycle.

 

More about invoicie scanning software on ReadSoft's website >> 

 

Oracle consulting and expertise within ReadSoft

Oracle consulting expertise is important for a considerable number of ReadSoft customers and prospects. In order to augment our proficiency we acquired a 50 per cent stake in the Oracle consulting group Consit Development in January 2005.

The acquisition provides ReadSoft with an opening into the Oracle consulting world as well as direct access to software and Oracle expertise. The expanded Oracle consulting capabilities enables us to implement electronic document management products in projects connected to Oracle’s financial system Oracle E-Business Suite.

Oracle's e-Business Suite is one of the world's leading financial systems and is used by more than 18,000 companies all over the globe. Soon after the acquisition was made, our Oracle consulting capabilities enabled us to close our first deal with a leading Australian telecom operator that uses Oracle E-Business Suite.

About the Oracle consulting group Consit Development

Consit is an independent Oracle consulting organization that has specialized in implementing, developing and servicing solutions based on Oracle's products and tools. Consit offers Oracle consulting services for the implementation, upgrading and maintenance of the Oracle business system, Oracle E-Business Suite, Oracle database and infrastructure installation and maintenance. The Consit Oracle consulting organization also offers development of Internet solutions and data warehouse solutions with business intelligence and data mining.

Consit has strong strategic relations within Oracle consulting and with the Oracle corporation. The Oracle consulting group Consit is also an "Oracle Certified Applications Reseller Partner" and "Oracle Certified Advantage Partner".

About ReadSoft

ReadSoft is the world's leading supplier of software for Document Automation. The company develops and markets a complete product platform for Document Automation named ReadSoft DOCUMENTS. With the 50 per cent acquisition of the Oracle consulting group Consit Development, Readsoft becomes even more competitive within the Oracle consulting field.

 

 ReadSoft´s vision is to free businesses everywhere from manual document handling. Since its founding in 1991, ReadSoft has developed into a global group with 12 subsidiaries in Europe, North and South America and Australia, and a large number of local and global partners. ReadSoft is listed on the Stockholm stock exchange since 1999. 

ReadSoft makes acquisition and ventures in to the Oracle segment >> 

 

Order Processing

Order Processing solutions from ReadSoft allow you to get a fully automatic information flow. Accuracy and efficiency in order processing and documents processing improve, while preventing unnecessary losses. In other words, no more tedious and time-consuming manual handling of order processing!

It doesn't matter if the orders arrive via email, fax, web or paper - our data capture software will automatically extract the information from your documents. We use a technology called OCR (optical character recognition) to "read" information for order processing. Once the information is extracted, it is interpreted, verified and transferred into any computer system. Your order processing is handled automatically. By using ReadSoft's forms processing software companies have been able to cut down on their document management costs by almost 75%.

More about order processing on our website >>

 

 

Purchase Order Processing

Purchase Order Processing with automatic data capture software enables enormous savings in time and money. Automated purchase order processing reduces human errors to a minimum. Therefore the data quality of purchase order processing also increases.

ReadSoft's OCR (optical character recognition) software "reads" information on your purchase orders - it automatically extracts information from your documents no matter if the orders arrive via email, web, fax or paper. Once the information is extracted, it is interpreted, verified and transferred into any computer system. Your purchase order processing is handled automatically. No more tedious and time-consuming manual handling of purchase order processing! By using ReadSoft's scanning software some companies have been able to cut down on their document management costs by almost 75%.

More about purchase order processing on ReadSoft's website >>

 

Invoice processing for SAP

SAP invoice processing has been one of ReadSoft's expertise areas since 2001 when ReadSoft was the first SAP invoice processing company to become certified for invoice processing into the mySAP ERP business suite (then called R/3). Today, ReadSoft has more mySAP invoice processing customers than the rest of the market combined.

SAP invoice processing - how it works

SAP invoice processing begins with scanning an invoice or receiving it in electronic format. ReadSoft's SAP invoice processing software thereafter extracts information from the invoice and automatically matches this information against a purchase order in the mySAP ERP financials business suite.

If the invoice matches the purchase order in mySAP ERP, the invoice can be automatically posted for payment. If there are any errors on the invoice, or if it is a general expense invoice, it is routed to the correct person in the financials department for allocation and approval.

SAP invoice processing should be handled inside the mySAP ERP environment

ReadSoft's software for SAP invoice processing is fully integrated with mySAP ERP and financials clerks can work inside their familiar mySAP ERP suite environment.

The benefits of automating SAP invoice processing

  • SAP invoice processing will become faster when using software to extract and match invoice information against the mySAP ERP financials suite.

  • SAP invoice processing become automated enabling financials staff to focus on more rewarding tasks.

  • SAP invoice processing will be more precise and better controlled with an automated process.

  • SAP invoice processing will comply with legislation such as SOX, since you will have a complete audit trail.

ReadSoft's Invoice processing software runs inside your SAP system using your standard setups and configurations. The integration is fully endorsed and approved by SAP.

The most widely used software for invoice processing for SAP

ReadSoft DOCUMENTS for Invoices is the most widely used software for invoice processing in SAP in the world. ReadSoft Customers include Sony, Porsche, ThyssenKrupp, Siemens, BP, Lockheed Martin and hundreds more..
Getting your invoices into the SAP system
There is a reason why SAP is one of the most widely used business systems in the world. When it comes to handling logistics, financial flows and other business critical information, there are simply very few systems that measure up to SAP. However efficient your SAP system may be, one bottleneck still remains - getting your invoices into the system.

This invoice processing is often painstakingly manual, involving an excessive number of staff who key in information by hand instead of high speed scanning, automated ocr technology and automated invoice processing.

SAP Certified Partner

ReadSoft has been a SAP Certified Partner since 2001, and was the first invoice processing company to receive this certification.

INVOICE COCKPIT and WEB CYCLE SAP integrated invoice processing software are "SAP-certified integrations," the highest level of SAP-certification, and they are also "Powered by SAP Netweaver."

Solid SAP expertise

With hundreds of SAP invoice processing installations around the world, ReadSoft has more SAP invoice processing expertise and experience than the rest of the market combined. Indeed, many of ReadSoft's invoice processing technicians and project managers have a background in core development of SAP.

ReadSoft Invoice Processing Software

ReadSoft DOCUMENTS for Invoices automatically verifies information about vendors, orders, goods received, etc., against your SAP business system.

At the ultimate level of the automation of invoice processing into SAP, the invoice is automatically scanned and posted to your Accounts Payable. Your staff doesn't even have to see the invoice.

The SAP integrated invoice processing system automatically scans captures, interprets and understands information from incoming invoices using state of the art OCR technology. Once data has been scanned and captured, it is automatically matched against purchase orders in SAP.

You can also add a complete Invoice processing workflow, accessible either via SAP or a web interface.

Other SAP functionality for invoice processing into SAP includes extensive monitoring and the ability to let suppliers see where their invoices are in the Invoice processing workflow.

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SAP invoice workflow

SAP invoice workflow can be handled within the mySAP ERP business suite without affecting your current mySAP setup.

By using software from ReadSoft, you can get a highly automated SAP invoice workflow process, where your invoices are automatically matched against purchase orders the mySAP financials business suite.

How an automated SAP invoice workflow works

Firstly, paper invoice must be scanned and the information extracted from using OCR. E-invoices are automatically imported into the mySAP business suite.

If there is a complete match between the invoice and the purchase order in the mySAP business suite, it is posted for payment automatically. If not, the invoice is sent to the correct person in the financials department for allocation in the SAP invoice workflow.

The SAP invoice workflow is handled inside the mySAP financials environment which means that AP clerks can work inside their familiar mySAP environment.

The SAP invoice workflow can also be reached via an easy-to-use web interface where non-financials staff can go in and process their invoices with a few clicks of the mouse.

Electronic SAP invoice workflows are now becoming standard among SAP-users around the world and ReadSoft has the most widely used software for processing invoices into mySAP. Indeed, ReadSoft has more SAP invoice workflow clients than the rest of the market combined.

The benefits of an automated SAP invoice workflow

  • Your SAP invoice workflow will become faster when handled electronically. This will enable you to get early payment discounts and avoid late payment fees.
  • Your SAP invoice workflow will become less expensive since less staff is needed and they can focus on improving your mySAP process instead

  • You will gain better control over your SAP invoice workflow and get statistics on your mySAP processes.

  • Your SAP invoice workflow will comply with legislation such as SOX, since you will have a complete audit trail.

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Document Capture

Document capture solution

document capture solution is the first step towards automating enterprise document management. Document capture solutions are also called scanning software, data capture software, or forms processing software. Their job is to digitize incoming documents such as invoices, order forms, timesheets etc.

 

The effects of using a document capture solution are that you will get all incoming information in digital format which enables you to classify and index documents with a high degree of automation. This will make workflows, business processes, and enterprise document management easier and substantially speed up your forms processing and customer service.

How a document capture solution works

By using scanning software, a digital image of the document is created. This is called “imaging”. The document capture solution then “reads” information from the document (data capture).  Indeed, intelligent document capture solutions read documents much like humans do. It scans for the important information and figures out which information is which on the document.  When the document capture solution has found the specified information, it extracts it and enables automated document classification and searching in, for example, an archive. The information can also be double-checked against your document management system to validate information and automate enterprise document management.

 

Handle both paper and electronic documents

ReadSoft’s document capture solutions can handle both paper and electronic documents. If it is a paper document, we use intelligent scanning to capture the information you specify. If it is an electronic document (PDF, XML, IDoc etc), the information is even easier to extract into your workflow or your document management system.

 

The benefits of a document capture solution or scanning software

  • A document capture solution is faster than manually keying in information into computers. This enables you to speed up enterprise document management and get back to customers much quicker.
  • A document capture solution saves money since you can take on more documents using fewer resources.
  • A document capture solution gives you better control and more transparency since data capture and imaging allows you to find all information in digital format. This improves your business processes and enterprise document management and also helps you comply with legislation such as SOX (the Sarbanes-Oxley Act).

 

 

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Advanced Information Management

Advanced Information Management with electronic form processing software from ReadSoft allows you to achieve a highly automated document flow, which is essential for companies processing large volumes of complex forms.

Our Advanced Information Management software captures, interprets, validates and transfers information from any target system to any kind of document. Using Advanced Information Management, electronic documents such as email, fax, web forms etc are easily imported while paper documents are read through document scanning.

Since ReadSoft's data capture software integrates seamlessly with most of the larger ERP systems, the extracted information using Advanced Information Management can be validated against information in your business system. Advanced Information Management makes your document management faster, cheaper and more reliable.

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Automated Data Collection

Automated data collection (ADC) is used for instant and automatic capturing of various data and information from sources such as coupons, forms and handwritten documents. Automated data collection uses the latest OCR technology (Optical Character Recognition technology). Automated data collection grants the user of the data capture software, the power to process and capture entire text documents. With automated data collection, all these processes are done by pushing a single button. In the past this could only be done manually, so by using automated data collection software you will save tremendous amounts of time. The rate of errors will also be lowered substantially using automated data collection.

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Automatic Data Capture

Automatic Data Capture is a faster, cheaper and more accurate way of processing forms. Using Automatic Data Capture, all can be handled automatically so you don't waste valuable time and money on manual handling.

Using Automatic Data Capture, ReadSoft's document processing software automatically extracts information from documents such as invoices, forms, coupons, etc. and transfers it into a computer system where the information can be processed.

Using a technology called optical character recognition (OCR), the Automatic Data Capture software "reads" information on forms and invoices arriving in any format (fax, email, web, paper etc). Once this information has been extracted from the documents, it is automatically interpreted, verified and transferred into any computer system. Document management using Automatic Data Capture is the key to efficient document handling.

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Automatic Data Processing

Automatic Data Processing handles all your forms automatically, which means that you can concentrate on more important tasks.

Using Automatic Data Processing, ReadSoft's document capture software extracts information from any paper document (through scanning) and inserts it into your system, so you don't have to key information in by hand. Electronic documents such as faxes, emails and web forms can also be interpreted by using Automatic Data Processing. The Automatic Data Processing software reads OCR-codes, check boxes, handwriting, machine print etc. and translates this into data, which can be processed further in a workflow system for example.

Automatic data processing using ReadSoft's scanning software enables you to process data faster and more accurately using fewer resources than in a manual data entry system. Using Automatic Data Processing, our document management solutions already save time and money for thousands of companies and organizations all over the world.

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Automatic Document Capture

Automatic Document Capture allows you to get rid of the tedious and time-consuming process of manual data entry.

ReadSoft's forms processing software, using Automatic document capture reduces manual data entry to a minimum by capturing, interpreting and transferring information from forms and invoices into any computer system - automatically.

This automatic data entry using Automatic document capture is conducted in two ways. OCR (Optical Character Recognition) deals with machine print while ICR (Intelligent Character Recognition) allows ReadSoft's Automatic document capture software to recognize handwritten characters.

Automatic document capture enables enormous savings in time and money. It also reduces human errors to a minimum and thus increases the data quality.

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Character Recognition

Character recognition is the foundation of OCR, (Optical Character Recognition). Character recognition allows automatic data capture software or optical imaging software to recognize characters by analyzing pixel-based patterns in images such as scanned paper documents or electronic fax files. Accurate character recognition is an important cornerstone in the procedure, transforming the document images into actual editable text. ReadSoft is the world's largest actor in the OCR technology field, with their cutting-edge character recognition.

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Character Recognition Software

Character recognition software is used to converts various types of document such as forms and invoices, into computer editable text. The character recognition software is programmed to find pixel-based patterns in images using OCR technology (Optical Character Recognition technology). By comparing the extracted patterns to patterns in a database, the character recognition software can automatically convert the documents into text. The OCR technology (Optical Character Recognition technology) makes the process of data capture so much easier. Just place your documents in a scanner and push a button and the character recognition software perform the entire process automatically for you. The character recognition software developed by ReadSoft document scanning software is fast and accurate, allowing very small marginal of errors, and is one of the most frequent used character recognition software in the world.

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Data Capture Software

Data Capture Software from ReadSoft extracts information from any document and inserts it into your system instead of keying in information by hand. Our document scanning products using data capture software can interpret pretty much anything - paper documents as well as electronic documents such as web forms and emails.

With data capture software, the OCR software reads bar codes, machine print, check boxes, handwriting etc and translates this into data, which then can be processed further in a workflow system.

Using data capture software, our forms processing software already saves time and money for thousands of companies and organizations all over the world. data capture software is indeed a way of processing documents faster and more reliably, while using less resource.

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Data Capture

Data Capture software transforms your documents into retrievable information and relieves you of the tedious and expensive process of manual data entry. The data capture solution extracts information from documents arriving in any format (paper, fax, email, web etc), and transports it into your computer system where the information can be processed.

A data capture system allows you to get a fully automatic information flow, improving accuracy and efficiency in processing documents while preventing unnecessary losses. This electronic data capture is mainly conducted in two ways: OCR (Optical Character Recognition) deals with machine print while ICR (Intelligent Character Recognition) recognizes handwritten characters.

Using document scanning solutions to handle forms and invoices enables enormous savings in time and money. It reduces human errors to a minimum and therefore also increases the data quality. Simply put, it’s a fast and accurate way of collecting data and transferring it from paper into your computer system.

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Data Collection

Data collection from various sources such as email, fax, web, paper etc is often done manually. The progress is slow, expensive and takes up lots of valuable recourses. Using OCR technology (Optical Character Recognition technology), the same amount of data collection work will not only be done in a fraction the time, it will also index and sort the extracted information automatically. Using automatic data collection this slow and complicated process turns into something easy. The data collection software recognizes characters in the documents, by analyzing known patterns and comparing them to a character database. With high accuracy the scanning software and character recognition software can and interpret and convert the information in the documents and storing it in a database as editable text. Why doing data collection manually, when you can get larger quantities of work done by automatic data collection.

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Data Collection Methods

Data Collection Methods used by ReadSoft means you don't have to dig through tons of paper looking for information anymore. Data Collection Methods allow our document capture product to collect data from the documents for you.

Using Data Collection Methods, information from documents is automatically captured, interpreted and transferred into any computer system by our forms processing solutions. Data Collection Methods includes OCR (Optical Character Recognition) which deals with machine print, and ICR (Intelligent Character Recognition) which allows the software to recognize handwritten characters.

Our automatic data capture software and automated Data Collection Methods save time and money for thousands of companies and organizations all over the world.

Read more about our data collection methods >> >>

 

 

Data Entry

Data entry is often tedious and time-consuming when handled manually. Our software will reduce the manual data entry to a minimum. By using Automatic Data Capture software (or Automatic Document Capture Softwareas it is also called), information from any forms or invoices is automatically captured, interpreted and transferred into your computer system.

There are two fundamental techniques for Automatic data entry. ICR (Intelligent Character Recognition) helps the automatic data entry software recognizing handwritten characters. OCR (Optical Character Recognition) recognizes machine printed characters. Enormous savings, in both time and money, can be made using Automatic data entry software. Automatic data entry also reduces human errors to a minimum, and thereby increases the data quality.

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Data Entry Software

Data Entry Software automates your document flow, which results in reduced processing costs, reduced processing time and improved accuracy.

Automatic data entry software enables enormous savings in time and money when entering invoices and forms into a computer system. Data Entry Software also reduces human errors to a minimum and thus increases the data quality.

By using data entry software for Automatic Document Capture (or Automatic Data Capture as it is also called), information from forms or invoices is automatically captured, interpreted and transferred into your computer system.

The automatic data entry software does this in two ways: OCR (Optical Character Recognition) deals with machine print while ICR (Intelligent Character Recognition) allows ReadSoft's data entry software to recognize handwritten characters.

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Electronic Data Capture

Electronic Data Capture solutions from ReadSoft allow you to get a fully automatic document flow. Electronic data capture improves accuracy and efficiency in processing documents while preventing unnecessary losses.

Automatic form processing software using electronic data capture can extract information from any document - paper based as well as electronic - and insert it into your system instead of keying in information by hand.

The electronic data capture software reads OCR-codes (Optical Character Recognition), machine print, check boxes, handwriting etc and translates this into data, which can be processed further in for example a workflow system. Our document automation software using electronic data capture already saves time and money for thousands of companies and organizations all over the world.

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ERP data capture

ERP data capture (Enterprise Resource Planning*) is a way to further optimize and streamline your business processes. Using automatic data capture to enter data from forms and invoices into your computer system enables huge savings in time and money. The increase in both speed and accuracy makes ERP data capture a true efficiency booster!

With an ERP data capture software integrated with your business system, you attain a fully automatic information flow. ERP data capture relieves you from manual document handling. This will free up resources within the company, and let you concentrate on more important tasks.

An example: ReadSoft has developed an ERP data capture document processing solution that is tightly integrated with Oracle (one of the world's largest enterprise software companies). This enables Oracle ERP data capture.

ERP data capture solutions accelerate business processes by collecting paper documents, forms and e-documents – transforming them into accurate, retrievable information – and delivering it into your business applications and databases.

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* Enterprise resource planning systems are management information systems that integrate and automate business practices associated with the operations or production aspects of a company.

 

ICR

ICR , (Intelligent Character Recognition) is the process of automatically translating handwritten text into machine-readable characters. The technology is a further development of the OCR (Optical Character Recognition) technology. While OCR deals with machine print, ICR allows the software to recognize handwritten characters.

ICR, OCR and OMR (Optical Mark Recognition - reading checkboxes etc.) involve a scanner, which reads text from paper and then turns the images into a format that a computer can use. It is thanks to these technologies that data capture software automatically "reads" information from all types of documents - even handwritten ones. The OCR, ICR and OMR technologies thus help saving time and money by processing all forms and invoices with a speed and accuracy no manual data entry could ever match.

ICR software enables you to achieve an automatic document flow, which will increase your efficiency considerably. No more tedious and expensive manual entering of data from paper documents. ICR, OCR and OMR solutions will do the job for you! 

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Intelligent Character Recognition

Intelligent Character Recognition (ICR) is the computer translation of handwritten text into machine-readable characters. It's the Intelligent Character Recognition technology that allows data capture software to automatically read information from all types of documents - even handwritten ones. Our interpretation engine using intelligent character recognition helps save time and money. With Intelligent Character Recognition, processing forms and invoices can be done with the speed and accuracy no human being could accomplish.  

Intelligent Character Recognition is one of the cornerstones of our products - read more >>

 

OCR

OCR Optical Character Recognition involves computer systems designed to translate images of typewritten text into machine-editable information. OCR scanning solutions include an OCR scanner for reading text, and sophisticated software for analyzing images.

When an invoice or a form is scanned it is transformed into a digital image, which the OCR software can process. It is from this picture that the system can capture, interpret, verify and transfer information, regardless of source and destination.

With considerable speed and accuracy, the OCR software extracts information from paper, email, fax or web. The OCR program translates the images into a format that the computer system can handle. It is an efficient way to turn hard-copy materials into data files that can be handled by a computer.

The result is that you are able to process documents in a shorter amount of time, using less resources. This means savings in both time and money, and consequently you will increase your business efficiency. 

OCR is one of the cornerstones of our products - read more >> >>

 

 

OCR Scanners

OCR scanners enable you to get the information from any documents into your computer system automatically – just place your documents in a scanner and sit back and enjoy the benefits of automatic data capture!
When invoices or a forms are scanned using OCR Scanners, they are made into pictures, which the software can process. It is from these picture that the OCR scanners software can capture, interpret, verify and transfer information, from any source to any system. The OCR Scanners software reads machine print, checkboxes, handwriting, barcodes – pretty much anything.

Whether you use stationary or a handheld OCR scanners (like digital pens or  barcode scanners), you will be able to process documents in a shorter amount of time, using less resources. When using OCR Scanners OCR allows you to get a fully automatic information flow, improving accuracy and efficiency in processing documents while preventing unnecessary losses.

OCR scanners enable enormous savings in time and money, and since the manual interference is minimal, human errors can be avoided and you will attain increased data quality. 

More about OCR Scanners on ReadSoft's website >>

 

 

* Enterprise resource planning systems are management information systems that integrate and automate business practices associated with the operations or production aspects of a company.

 

OCR Scanning

OCR Scanning involves computer systems designed to translate images of typewritten text into machine-editable text. When an invoice or a form is scanned, it is made into a picture, which the OCR scanning software can process. From this picture, the document scanning software can capture, interpret, verify and transfer information, from any source to any system.

OCR scanning solutions allow you to get a fully automatic information flow, improving accuracy and efficiency in processing documents while preventing unnecessary losses. OCR scanning is a technology that can be used to scan and recognize any type of document – in seconds.
You no longer need to turn to an expensive OCR scanning service to convert your documents – with a minimum of manual interference, the OCR scanning software will enable you to process documents in a shorter amount of time, using less resources.

The potential of OCR systems is enormous because they enable users to harness the power of computers to access printed documents! 

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OCR Software

OCR Software converts paper documents into electronic data, so that you can handle the information in your computer system.

The best OCR software can be used to scan and recognize any type of document in seconds. With considerable speed and accuracy, the OCR scanner software extracts information from paper, fax, email or web, and translates the images into a form that the computer system can handle - all with the help of OCR Software and this technique called Optical Character Recognition.

What happens is that the scanned document - which actually is just an image of the text and thus not editable - is analyzed by the OCR scanning software and converted into computer-editable text. You don't have to enter information into your computer manually any more. The OCR software will do the job for you.

With an automatic information flow you save time and money while improving accuracy and efficiency in processing your documents - OCR Software and OCR solutions simply make document handling faster and easier.

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Ocr Software

OCR Software enable users to harness the power of computers to access printed documents, which means increased speed and accuracy.

The OCR technology enables our products to read what is written on a document and it's one of the key elements of ReadSoft's automatic data capture technology. The forms and invoices are turned into images by using our scanning software. It is from this image that the forms processing software can capture, interpret, verify and transfer information, from any source to any system. ReadSoft's intricate interpretation engine will recognize machine print, handwriting, checkboxes, barcodes - you name it, we read it.

 

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OCR

OCR (Optical Character Recognition) solutions from ReadSoft allow you to get a fully automatic information flow, improving accuracy and efficiency in processing documents while preventing unnecessary losses. It is a technology that can be used to scan and recognize any type of document - in seconds.

Our data capture software extract information from paper, email, fax or web, and translate the images into a form that the computer system can handle - all with the help of OCR. Document scanning systems like ours can capture, interpret, verify and transfer information, from any source to any system. It simply makes forms processing faster and easier.

 

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OMR

OMR - Optical Mark Recognition is a well-established means for automating the capture of paper-based data. OMR technology enables ReadSoft's scanning software to substantially speed up the handling of forms or invoices.
OMR scanners create images of forms and invoices, and the OMR software detects and extracts the data – from checkboxes and fill-in fields etc. This information can then be transferred into your computer and handled by your business system. Simply put, ReadSoft's OMR scanning solutions transform your forms, invoices and other documents into retrievable information.

OMR scanning speeds up your document handling, which results in increased efficiency for your business – not to mention savings in time and money. The automatic Optical Mark Recognition processing also entails increased data quality since the numbers of human errors can be reduced to an absolute minimum. And last but not least – think about all the things you can devote your time to while the OMR software processes your documents for you! 

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Optical Character Recognition

Optical Character Recognition,  (OCR) is the process of converting an image of text, such as a scanned paper document, into computer-editable text.

By scanning a document using Optical Character Recognition software, you get an image of the text. You can see letters made of pixels that together form a picture of text, but the text is not editable. This is where optical character recognition software comes in handy. The Optical Character Recognition software analyzes the image and converts it to editable text based on the patterns of the pixels in the image. Once this is done, the converted text is exported and used it in your business applications and databases.

Optical character recognition systems allow you to achieve a fully automatic information flow, improving accuracy and efficiency in processing documents, while preventing unnecessary losses. With a minimum of manual interference, the optical character recognition software automatically finds and extracts information from your documents, interprets the data and transports it into any computer system. 

More about Optical Character Recognition on ReadSoft's website >>

 

 

Optical Character Recognition Software

Optical Character Recognition Software enables you to get the information from any documents (email, web, fax or paper) into your computer system automatically - just start up your Optical Character Recognition Software, place your documents in a scanner and sit back and enjoy the benefits of automatic data capture!

With a minimum of manual interference our forms processing and Optical Character Recognition Software automatically finds and extracts information from your documents. The Optical Character Recognition Software interprets this information and transports it into any business system.

With Optical Character Recognition Software you will be able to process documents in a shorter amount of time, using less resources. ReadSoft's document scanning software reads machine print, checkboxes, handwriting, bar codes - pretty much anything. Thousands of customers worldwide already enjoy the benefits of Optical Character Recognition Software from ReadSoft.

 

Read more about our optical character recognition software >> >>

 

 

Recognition Software

Recognition Software from ReadSoft makes it possible for you to get the information from any documents (email, web, fax, paper, etc.) into your computer system automatically using the latest data capture technology.

Our software "reads" information on invoices and forms arriving in any format (email, web, fax, paper etc). Once this information is extracted from the documents, it is interpreted, verified and transferred into any computer system. All is handled automatically.

This recognition is conducted in two ways: OCR (Optical Character Recognition) deals with machine print while ICR (Intelligent Character Recognition) allows ReadSoft's software to recognize handwritten characters.

Automatic forms processing doesn't just save you time and money - it also reduces human errors to a minimum and thus increases the quality of the data.

More about recognition software on ReadSoft's website >>

 

Document Automation Software

Automation Software

Automation Software from ReadSoft can help your business capture and manage information as it enters your organization, saving you time and money while simultaneously improving quality of service.

With Automation Software, ReadSoft's data capture solutions can extract information from any document (paper based as well as electronic) and insert it into your system by scanning. Automation Software relieves you of tasks such as archiving tons of paper and keying in information from thousands of documents into your computer system.

Using a technology called optical character recognition, the Automation Software can read barcodes, machine print, check boxes, handwriting etc and translate it into data, which can then be processed further in a workflow system.

Automatic document processing using ReadSoft's automation software enables you to process data faster and more accurately using less resource. Our automation software already saves money and time for thousands of companies and organizations all over the world. 

Automation software >> >>

 

 

Document Archiving

Document Archiving doesn't have to mean tedious, manual work. With ReadSoft's software for automatic data capture, document archiving can all be handled electronically, saving you time and money while improving accuracy.

The software "reads" information on documents such as forms and invoices. Our scanning software collect the required information and transfer it into any computer system no matter if the documents arrive via email, web, fax or paper. All processes of document archiving is handled automatically. Throughout the process of document archiving, you are able to extract any document from the document flow through the form processing software. Document archiving is on its own an electronic archive.

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Document Automation

Document Automation means replacing manual document handling with software that automates the processing and interchange of documents. Document automation software gives you a fully automatic information flow, improving accuracy and efficiency in processing documents while preventing unnecessary losses. The benefits of document workflow automation include reduced processing costs, reduced processing time and improved accuracy.

Document automation processing is mainly conducted in two ways: ICR (Intelligent Character Recognition), which allows the document automation software to recognize handwritten characters and OCR (Optical Character Recognition), which deals with machine print. In addition to reading machine print and handwriting, the OCR system interprets checkboxes, barcodes, etc. It doesn't matter if the documents arrive via email, web, fax or paper - the document automation software automatically extracts the information in practically no time.

Document process automation by means of data capture is a way of processing documents faster and more reliably, while using less resource. Looking for a document automation specialist? ReadSoft is the natural choice! 

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Document Capture

 

 

 

Document Capture software from ReadSoft does the job for you - just place your documents in a scanner and our automatic data processing software extracts the relevant information in no time.

This automatic document capture is conducted in two ways: OCR (Optical Character Recognition) deals with machine print while ICR (Intelligent Character Recognition) allows ReadSoft's Document Capture software to recognize handwritten characters. After the data has been captured using document capture, it is interpreted, verified and transferred into any target system.

Our scanning software also easily reads electronic documents coming in from fax, email or web. Thus we can offer a complete solution for document capture, from any source to any system.

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Document Imaging

Document Imaging software is the simple way to automate your document flow. Document imaging helps you to quickly index and archive all of your incoming and outgoing information, whether on paper or electronic documents.

Document imaging management will rid you of heaps of paper and crowded filing cabinets. Using a data collection method called optical character recognition (OCR), the scanned documents are automatically transformed into a format that your computer system understands. The data capture software creates images of invoices and forms coming in from email, web, fax or paper. The document imaging software extracts information from the images, interprets the data and passes it on to any computer system in a fully automatic flow.

With a document imaging scanner, all your documents will be processed and indexed automatically within minutes, and even faster with your digital documents. Digitalizing your documents also makes the handling of important information safer by providing easy backup solutions.

So why spend money on expensive document imaging services when you can easily get your own document processing solution and handle your data internally?

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Document Imaging Software

Document imaging software helps you quickly indexing and archiving all of your incoming and outgoing information, whether paper documents, e-mails or other electronic documentations. Document imaging software will rid you of large stacks of paper trails and crowded filing cabinets. The processing itself can be done with different data collection methods varying on the source of the documents. Using the latest within OCR technology (Optical Character Recognition technology) and document imaging software the documents are scanned and automatically transformed into text. With the right choice of scanning utility, document imaging software allows all your documents to be processed and indexed automatically within minutes, and even faster with your digital documents. Digitalizing your documents with document imaging software also makes the handling of important information safer. This is done by providing easy backup solutions with the document imaging software.  

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Document Management

Document Management software makes it possible for you to transfer information from any documents (email, fax, web or paper) into your computer system automatically using optical character recognition (OCR). Electronic document management is the key to a completely automatic document flow. Document management is faster, safer, and much more reliable than manual processing.

Document management software provides your business with quick and easy access to your documents. The document management system handles the documents fast and accurately - indexing them and providing the user with the best access possible. Document processing solutions automate your information flow, which results in reduced processing costs, reduced processing time and improved accuracy.

A document management system simply saves you time and money - so that you can concentrate on other things. Why spend hours and hours entering information manually when you can automate your entire document handling process today?  

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Document Management Software

Document Management Software from ReadSoft captures information from your documents and transfers it into any computer system. Document Management Software is much faster, safer and more reliable than manual processing.

ReadSoft's forms processing using Document Management Software makes it possible for you to get the information from any documents (email, web, fax or paper) into your document management system automatically by using automatic data capture. Document Management Software using OCR technology is the key to a completely automatic document flow.

 

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Document Management Solution

Document Management Solution from ReadSoft allow you to get a fully automatic information flow, improving accuracy and efficiency in processing documents while preventing unnecessary losses.

Our scanning software using Document Management Solution makes it possible for you to get the information from any document into your document management solution automatically. Document Management Solution includes data capture solutions can extract information from paper-based as well as electronic documents and insert it into your computer system automatically. With Document Management Solution, our automatic form processing software already saves time and money for thousands of companies and organizations all over the world. 

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Document Management System

Document management system provides your business with easy and rapid access to your documents. Using OCR technology (Optical Character Recognition technology) such as automatic data capture and imaging software any kind of paper or electronic documents (E-mail, forms, web, paper faxes and much more) are easily transferred to the document management system. The document management system handles the documents fast and accurately, indexing them accordingly. Document management system provides the user with the best access possible. With accurate, fast and easy handling of your documentations, the document management system will save you tremendous amounts of time. Why spend hours and hours processing and indexing you documents manually, when you can change to an automated document management system?

 

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Document Management Systems

Document Management Systems from ReadSoft automate your document flow, which results in reduced processing costs, reduced processing time and improved accuracy.

Document management systems and ReadSoft's data capture software make it possible for you to get the information from any documents (email, web, fax or paper) into your computer system automatically using optical character recognition (OCR).

Automatic forms processing with our document management systems simply saves you time and money. Document management systems in other words allow you to concentrate on other things. 

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Document Processing

Document Processing using OCR solutions from ReadSoft allows you to get a fully automatic information flow, improving accuracy and efficiency in processing documents while preventing unnecessary losses.

Capture, interpret, and verify your business documents in a highly automated Document Processing with our form scanning solutions. Document Processing and our data capture software reads paper documents, fax, email, electronic documents - you name it, we read it. The information on the documents is read, extracted and exported into any business system. ReadSoft's scanning software for document processing is by far the easiest route to the paperless office.

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Document Recognition

Document recognition or Optical Character Recognition software (OCR software), can be used to automatically capture and store your documents digitally. The scanning software handles all types of documents such as forms, e-mails, invoices, paper faxes etc. Using character recognition the data capture software automatically interprets, verifies and transfers the information, from any source to any system. Since almost no invoice or form look alike, the document recognition software has to be self-learning, recognizing the documents, sorting and indexing them accordingly. Document recognition speeds up the processing of your documents, saving you time and money. Document recognition allows automatic data capture software and filing software to index the documents according to your choice. Document recognition grants you easy and fast access to your documents at all times. Human errors are also reduced using document recognition.

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Document Scanning

Document Scanning software is invaluable to any company processing large amounts of information. Document scanning is considerably faster and easier than keying in the information from all your documents manually.

The possibility to scan documents and images has become increasingly important since electronic communication like the Internet and email has become an integral part of office communications. A document scanning solution frees information trapped on the printed page and transforms it into usable content.

Using Optical Character Recognition (OCR), information from all kinds of documents - paper documents as well as electronic ones - can be captured. A data capture software then interprets, verifies and transfers the data into your computer system.

Simply put, document scanning software translates the images of scanned documents into a format that the computer system can comprehend and handle. As a result you will be able to process documents in less time, using less resources. With document scanning, you don't have to turn to expensive document scanning services anymore. Using a form processing software to handle your documents internally is much more cost-effective.  

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Document Scanning Software

Document Scanning Software is invaluable to any company processing large amounts of information. Our solutions using document scanning software for form processing allow you to handle your forms, invoices and other documents automatically. The data capture software creates an image, which is interpreted using optical character recognition (OCR). Then the information is verified and transferred, from any source to any system.

Document scanning software saves you time and money on your document handling. ReadSoft's document scanning software reads machine print, checkboxes, handwriting, barcodes - pretty much anything. Thousands of customers worldwide already enjoy the benefits of ReadSoft's technology.

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Electronic Document Management

Electronic Document Management (EDM) is faster, safer and more reliable than manual document processing. Electronic Document Management encompasses everything from full content management systems to simple scanning software.

ReadSoft's software using Electronic Document Management for automatic data capture can deal with all sorts of documents - paper, fax, email, web, etc. The information is extracted using optical character recognition, and then transferred into your computer system in no time at all.

Automated form processing software with Electronic Document Management is the key to a completely automatic document flow.

 

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Imaging Software

Imaging Software for document scanning creates images of paper documents. Imaging Software is a part of ReadSoft's solution for document automation.

Our Imaging Software creates images out of documents coming in from email, fax, paper or web. It is from these images that our Imaging Software can extract information, interpret it and then pass it on to any computer system. This automatic data capture using imaging technology is conducted in two ways. OCR (Optical Character Recognition) deals with machine print while ICR (Intelligent Character Recognition) allows ReadSoft's software to recognize handwritten characters. When entering forms and invoices into a computer system with ReadSoft's imaging software you will be able to save enormous time and money. Imaging Software also reduces human errors to a minimum and thus increases the data quality.

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Scanning Documents

Scanning documents is much faster and easier than keying in the information on all your documents by hand. The ability to scan documents and images has become increasingly important since electronic communication like Internet and e-mail has become an integral part of office communications. Using OCR technology (Optical Character Recognition technology) in scanning documents, information from all kinds of documents such as paper faxes, e-mail and forms can be captured. Scanning Documents with our data capture software can analyze and convert the information into text with considerable speed and efficiency. Scanning Documents leaves you with small marginal of errors. Scanning Documents enables the automatic data processing software to translate the images into a structure that the computer system can handle and comprehend. The result is that you free recourses and boost efficiency by scanning documents. 

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Scanning Software

Scanning Software is essential for any company processing large amounts of forms and invoices. Data capture systems accelerate business processes by collecting documents, transforming them into accurate, retrievable information, and delivering it into your business applications and databases.

Scanning software achieves these processes by using two techniques: Optical Character Recognition (OCR), which deals with machine print, and Intelligent Character Recognition (ICR), which recognizes handwritten characters.

The OCR scanning software creates an image from which it extracts information, and then interprets, verifies and transfers it (from any source to any system). The scanning software can read pretty much anything - machine print, checkboxes, handwriting, barcodes etc. Imagine what a company dealing with barcodes would do without a barcode scanning software!

Transferring the information from paper to electronic format using document scanning software enables you to achieve an automatic document flow. Scanning software  will substantially increase your efficiency.

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Forms Processing Automation

Automated Forms Processing

Automated Forms Processing is essential for companies processing large volumes of forms. With automated forms processing, costs lower and  speed increases. Besides that automated forms processing heightens the quality of the form processing procedure.

You can send forms via email, fax or the web - our automated forms processing software captures information from any kind of source. It even reads handwriting. Just put your forms into a scanner and let our data capture software do the rest for you.

The techniques we use for automated forms processing are called ICR (Intelligent Character Recognition) OCR (Optical Character Recognition), and OMR (Optical Mark Recognition). If the form is paper-based, scanning is needed. By scanning the forms, the automated forms processing software creates an electronic image (Document Imaging) from which information can be extracted. The extracted information is then interpreted and validated in a highly automated process. The last phase is the transfer of the information into your business system.

Our automated forms processing software helps more than 3000 businesses and organizations all over the world to achieve faster, cheaper and more accurate form handling.

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Electronic Forms

Electronic forms are faster, cheaper and easier to interpret than regular paper forms. However, besides Electronic forms, sometimes you need paper forms as well. Luckily, you don't have to choose one of the options. With our scanning software, you can handle both electronic forms and paper forms. The electronic forms are imported into the software using WEB FORMS or EMAIL. The data on the paper forms are imported through high speed scanning. This creates an electronic image of the forms, the Electronic forms, from which information can be extracted. After that our data capture software interprets, verifies and transfers the information from your forms in a highly automated flow.

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Form Processing

Form Processing no longer needs to be a tedious and time-consuming task. ReadSoft's automatic data capture software can "read" information on forms and it does all the work for you. This is made possible by a form processing technology called optical character recognition (OCR). It doesn't matter if the forms arrive via email, web, fax or paper - the form processing software automatically extracts the information from your documents in no time. Once the information is extracted, it is interpreted, verified and transferred into any computer system. With form processing, all is handled automatically. By using ReadSoft's document scanning software some companies have been able to cut down on their form processing costs by almost 75%.

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Form Processing Software

Form processing software makes it possible to handle all your forms automatically. By scanning forms and using Automatic Data Capture (or Automatic Document Capture as it is also called), information is automatically captured, interpreted and transferred into any computer system. This automatic form processing is mainly conducted in two ways: ICR (Intelligent Character Recognition) allows ReadSoft's data capture software to recognize handwritten characters while OCR (Optical Character Recognition) deals with machine print. Reap the benefits of form processing software. Automatic form processing software enables enormous savings in time and money when entering forms into a computer system. Form processing software also reduces human errors to a minimum. In other words, form processing software thereby increases the data quality.

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Forms Processing

Forms Processing software makes it possible for you to handle all your documents automatically. When scanning forms using a forms processing solution, information is automatically captured, interpreted and transferred into any computer system. This automated forms processing is mainly conducted in two ways: ICR (Intelligent Character Recognition) recognize handwritten characters while OCR (Optical Character Recognition) deals with machine print.

There are plenty of benefits associated with automated forms processing. It lowers time and costs associated with data entry and forms handling. Using data capture software virtually eliminates manual data entry, which frees up staff for more important tasks. It doesn't matter if the forms arrive via email, web, fax or paper - the Forms Processing software automatically extracts the information from your documents in practically no time.

In short, Forms Processing which includes document scanning solutions accelerate business processes by collecting paper documents, forms and e-documents, transforming them into accurate, retrievable information, and delivering it into your business applications and databases.

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Forms Processing Software

Forms Processing Software from ReadSoft allow you to get a fully automatic document flow, improving accuracy and efficiency in processing forms while preventing unnecessary losses - Forms Processing Software puts an end to tedious and time-consuming manual handling.

Our automatic data capture solution "reads" information on your forms no matter if they arrive via email, web, fax or paper. The Forms Processing Software uses a technology called OCR (optical character recognition). It then automatically extracts the information from your documents. Once the information is extracted by the Forms Processing Software, it is interpreted, verified and transferred into your computer system. All is handled automatically by the Forms Processing Software. By using ReadSoft's document scanning software some companies have been able to cut down on their document management costs by 75%.

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Forms Scanning

Forms scanning solutions accelerate business processes by collecting paper documents, forms and e-documents, transforming them into accurate, retrievable information. The forms scanning solutions then deliver the information into your databases and business applications.

ReadSoft's custom form scanning software captures and interprets information from any document and transfers it into your computer system.
Scanning forms automatically this way is mainly conducted using two techniques:
 

·                     OCR (Optical Character Recognition) deals with machine print
 

·                     ICR (Intelligent Character Recognition) allows ReadSoft's form scanning software to recognize handwritten characters.
 

Scanning forms using our forms scanning solution enables enormous savings in time and money. Forms scanning also reduces human errors to a minimum and thus increases the data quality.
By using ReadSoft's forms scanning technology some companies have been able to cut down on their form processing costs by almost 75%.

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Process Forms

Process Forms with data capture software from ReadSoft - it's the easy way to improve accuracy and efficiency in processing documents. Process Forms prevents unnecessary losses.

Using optical character recognition to process forms, a digital image is created which the software can use to extract the necessary information by scanning the documents. This information is interpreted, verified and transferred into any document processing system in a highly automated process. The scanning software is much faster than manual processing to process forms and requires fewer resources.

Thousands of companies and organizations already use ReadSoft's document automation software to process forms.

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Survey Processing

Survey Processing is often associated with tedious and time-consuming manual handling. But Survey Processing doesn't have to be like that - our data capture software can automate the Survey Processing work for you!

In Survey Processing, ReadSoft's scanning software "reads" information on all your surveys automatically. We can extract the information from your documents no matter if they arrive via email, web, fax or paper. Once the information is extracted, it is interpreted, verified and transferred into any computer system. By using ReadSoft's forms processing software in Survey Processing, some companies have been able to cut down on their document management costs by almost 75%.

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Tax Forms Processing

Tax Forms Processing can be automated using ReadSoft's data capture software.

Our software "reads" information on forms using a technology called optical character recognition (OCR). In tax forms processing, the software automatically extracts information from your documents no matter if the forms arrive via email, web, fax or paper. The information is then extracted, interpreted, verified and transferred into any computer system for tax forms processing. By using ReadSoft's document scanning software for tax forms processing companies have been able to cut down on their data capture costs by almost 75%.

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Unstructured Forms Processing

Unstructured Forms Processing solutions from ReadSoft allow you to get a fully automatic information flow. Unstructured Forms Processing improves accuracy and efficiency in processing documents while preventing unnecessary losses.

Our automatic data capture software can find information on forms and other types of documents that do not share the same layout. This process is called unstructured forms processing. Processing invoices are good examples of unstructured forms processing as they containing roughly the same information, but located in different places on different invoices.  ReadSoft's scanning software can capture, interpret, validate and transfer the information on your incoming invoices, no matter how different they look. The whole unstructured forms processing is handled automatically.

Does unstructured forms processing sound unbelievable? Well, it almost is. The unique thing about ReadSoft's invoice processing software is that it can recognize new invoices and figure out which fields to interpret.

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Mailroom  Management

Mailroom Solutions

 Mailroom Solutionsare engineered to automate not only traditional mailroom procedures, but also the entire information process. Mailroom solutions provide a single point of entry for all incoming documents: scanned paper, fax, email and everything else. The software creates an image of the document (either from a scanned paper or an electronic source, such as email), which the system can handle. When the information has been captured, the mailroom solutions software automatically recognizes, classifies and distributes it to the right person or department.

The benefits with mailroom solutions are obvious. You attain increased efficiency and lower operational costs because all documents are distributed correctly. Mailroom solutions software gives you control of your information flow since you get fast access to status reports and auditing trails. Smooth integration with back-end systems such as customer management, databases and archiving means accelerated business processes.

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Medical Claims Processing

 

Electronic Medical Billing

Electronic Medical Billing is the way to achieve an automated document flow. Using electronic medical billing enables enormous savings in time and money in and reduces human errors to a minimum. Our form processing software deals with millions of medical bills and other medical documents every day.

We use a technology called optical character recognition that "reads" information on your medical bills - automatically and electronically. With electronic medical billing, it doesn't matter if the bills arrive via fax, email, web or paper. Our software automatically extracts the information from your documents. Once the information from the electronic medical billing process is extracted, it is interpreted, verified and transferred into any computer system. By using ReadSoft's automatic data capture software and electronic medical billing, some companies have been able to cut down on their document management costs by almost 75%. ReadSoft has a long history of working with medical companies and electronic medical billing, and has prominent reference customers in the segment.

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Medical Billing Software

Medical Billing Software can be used to enter bills into your computer system. With medical billing software, you'll save enormous time and money. The data capture technology and medical billing software reduce human errors to a minimum and therefore also increase the data quality.

Our OCR software "reads" information on your medical bills no matter if they arrive via email, paper, fax or web. The medical billing software automatically extracts information from your documents. Once the information is extracted, it is interpreted, verified and transferred into any computer system. All is handled automatically. By using ReadSoft's forms processing software and medical billing software, some companies have been able to cut down on their document management costs by almost 75%. ReadSoft has a long history of working with Medical Billing Software and has prominent reference customers in the medical segment.

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Medical Claims Billing

Medical Claims Billing using software for data capture improves accuracy and efficiency in processing claims while preventing unnecessary losses.

Using a technology called optical character recognition (OCR) for medical claims billing, our software "reads" information on your medical claims. The software automatically extracts the document information no matter if the medical bills arrive via email, web, fax or paper. Once the information from the medical claims billing process is extracted, it is interpreted, verified and transferred into any computer system. Medical claims billing is handled automatically. By using ReadSoft's automatic document scanning software some companies have been able to cut down on their forms processing costs by 75%. ReadSoft has a long history of working with medical claims billing and has prominent reference customers in the medical segment.

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Medical Claims Processing

Medical claims processing is much faster, more reliable, and far less expensive when handled electronically. Our software FORMS already processes millions of medical claims and other medical documents every day. FORMS is an Automatic Data Capture software for medical claims processing which "reads" information on your medical claims through scanning. It doesn't matter if the medical bills arrive via email, fax, web or paper (by scanning documents). Medical claims processing is automated using FORMS which extracts the information you specify from your documents.

Once the information from the medical claims processing is extracted, it is interpreted, verified and transferred into any computer system. With FORMS, medical claims processing is handled automatically. Some companies have been able to cut down on their document management costs by almost 75% by using ReadSoft's automatic document processing software. ReadSoft has a long history of working with medical claims processing and has prominent reference customers in the medical segment.

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XML

XML (Extended Markup Language) is a format for sending electronic information. There are many different XML standards. In the world of electronic invoicing (or e-invoicing), XML is used to send an invoice from a supplier to a customer. The problem is that there are different standards of XML invoices and not all systems understand all standards.

ReadSoft's solution, ReadSoft DOCUMENTS for EDI, accepts XML invoices and can automatically extract information from incoming XML invoices.

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Contact ReadSoft
Contact ReadSoftQuestions are always welcome. We will do our best to provide all the information you require.
 

 
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