Invoice Process Automation

Invoice Process Automation

iCordinate offers automated invoice processing solutions for manufacturing, retail, eCommerce, banking and finance, automobile verticals. Our solution is tailor-made for the India business , and customize support for invoices from across the globe.  iCordinate Automated Invoice solution helps to improve productivity by reducing the time in processing of invoice with accuracy of data that minimize the risk of manual error , this improves overall ROI.

  • Ingestion of  your invoices from their original source e.g. electronic image (Tiff , PDF , Jpeg etc),  paper copy, Email, SAN , FTP etc.
  • Automatic extraction of Invoice Header and Table fields from  invoices using smart OCR software.
  • Manual Validation and Verification for any wrong captured OCR data, allows Operator to correct the information on fly.
  • Two way matching and checking the purchase order system to ensure  invoice matches the original order placed.
  • integration with in built Workflow to route invoice to the respective department for further approval or query.
  • Release of indexed financial data into a format compatible with your existing accounting system.