Companies and especially, CFOs, Finance Directors and Accountants are looking for an efficient and simple solution that allows them to automate the way accounts are processed and posted onto their Sage accounting package.
Until recently this was hard to achieve and automation usually meant having to use CVS files to manually import that into Sage creating more manual work errors but things have changed and with the Document Management software introduced by Sage Platinum Developer Partner, PaperLess Europe, Finance Professionals are improving accounts processes by effectively reducing manual data entry work with PaperLess OCR Software and posting all types of transaction directly into Sage from the PaperLess workspace.
Besides giving access to Sage users to the powerful PaperLess Automatic Invoice Recognition, PaperLess also allows companies to have easy access to Online Invoice Approval which due to the seamless integration between PaperLess and Sage, allows Sage users to have the audit trail of the approval process directly linked to Sage.
With the quality of the software solutions certified by Sage UK, PaperLess Software is a Sage Authorised Software that integrates seamlessly with Sage 50c, Sage 200c, Sage 200 Standard Online and Sage 200 Extra Online giving Sage users access to automatic invoice recognition, automatic online invoice approval while, at the same time, allowing Finance Departments to have all documents automatically stored and linked to their Sage accounting software so that document retrieval can be done via a simple look-up directly from within Sage 50 or Sage 200 accounting lines.
PaperLess Document Management software uses two layers of sophisticated OCR (Optical Character Recognition) technology to extract the relevant information on your invoices. OCR technology plays a major role on allowing companies to automate their data input processes, saving them time and money while increasing data accuracy levels. However, Finance Professionals need to be aware that if they are using an OCR system that is not integrated with their accounting software, they will have the data automatically captured but the system will not know how to process that data, meaning that manual work will not be reduced.
So when the time comes to automate your document management processes and you are considering in having all relevant data from your invoices automatically extracted make sure that you choose a solution that integrates with your accounting package.
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