EchoVera Exceeds $8B Invoice Value Processed with Intelligent OCR Plus
Dec 19, 2022
EchoVera has surpassed $8 billion in processing volume for accounts payable automation, intelligent OCR, and sales order automation for companies looking to opimize their back office operations.
Toronto,Canada - December 19, 2022 /PressCable/ —
EchoVera, a provider of cloud finance automation solutions, has processed over $8 billion in AP invoices for the organizations it serves worldwide. Using leading edge technology with Intelligent OCR Plus for AP invoices, workflow automation, and PO approval and matching, EchoVera continues to innovate with flexible, configurable solutions and customer service.
“We’re excited to pass the $8 billion processing mark,” said Ralf Leitner, CEO of EchoVera, “as more and more companies are discovering the value of streamlining their AP processes from data entry to booking in their ERP or accounting system. EchoVera’s Intelligent OCR Plus seamlessly integrates with popular ERP and accounting systems removing the barrier for finance departments wanting to optimize processes that are time consuming and resource intensive.”
Intelligent OCR Plus automatically and intuitively performs header and line-item field data capture of supplier invoices, sales orders, statements and delivery documents. The technology requires minimal manual intervention. The automated workflow solution for online invoice approval reduces cycle times and provides a time-stamped audit trail.
Finance administrators struggling with manual data entry into their ERP or accounting system benefit from reduced manual error and other operational inefficiencies. Tedious manual work is eliminated and touchless document processing gives finance departments time for more value added tasks.
The advanced sales order management solution solves a lot of the problems that come with manual processes. Customers who send their sales orders by email are given a specific email address that has been assigned to process their orders. Intelligent OCR Plus maps the data directly from the PDF (or Word, XML, Excel, EDI) file, validates it, and then makes it available to the ERP for processing.
Proof of Delivery OCR automation reduces organizations’ dependence on manual data entry. It’s technology that intuitively picks up all the essential fields on delivery documents. The data is collected and forwarded to the accounting system or ERP.
To find out more about EchoVera solutions, visit: https://echovera.ca/solutions/intelligentdatacapture/
About EchoVera:
EchoVera Inc. provides Intelligent OCR Plus and electronic document automation workflow for AP invoices, Sales Orders and Delivery Documents to organizations looking to reduce costs and increase the efficiency of their financial operations. EchoVera brings over 30 years experience to clients worldwide.
For more information about EchoVera: http://echovera.ca
Contact Info:
Name: Ralf Leitner
Email: Send Email
Organization: EchoVera Inc.
Address: 9 Davies Ave Suite 407, Toronto, Ontario M4M 2A6, Canada
Website: https://echovera.ca/
Source: PressCable
Release ID: 89086658
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