Finance Professional have already realized that efficient invoice processing saves organisations time and money while reducing manual data entry so they are now relying on OCR technology to to automate their data input processes, saving them time and money while increasing data accuracy levels.
In order to achieve these results Sage users have available PaperLess software, a solution seamless integrated with Sage, developed by Sage Developer PaperLess Europe, that offers Automatic Invoice Recognition with two layers of OCR (Optical Character Recognition) technology to extract the relevant data from your invoices into PaperLess, which will then be sent to other colleagues for approval within the same workspace.
Choosing PaperLess instead of hiring another member of staff represented an annual saving of £18,000 per year. According to CPL managers the digital archiving of documents and reduction in printing costs also adds up to these savings, allowing them to save a further £2000 per year, making a total of £20,000 per year.
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