Finance Professionals have already realized that efficient invoice processing saves organisations time and money. In order to achieve this, Sage users have available PaperLess OCR Software for Sage which reduces the time Accounts Teams spend on manually entering invoices into Sage, saving companies’ time and money, while increasing data accuracy levels.

Seamlessly integrated with  Sage 50 Accounts, Sage 50cloud, Sage 200 Professional, Sage 200 Standard  and Sage 200 Extra Online, PaperLess offers the best OCR Software for Sage. With PaperLess OCR for Sage, Sage users can automatically capture all invoice data and post transactions to Sage at the click of a button.

The goal is to do more work without having to increase the headcount and that is where technology plays a major role. Therefore, Finance Professionals using Sage having decided to implement PaperLess Document Management for Sage because it also offers a built-in OCR software which automates invoice processing routines.

First of all, it is important to explain what OCR technology is and why is it becoming increasingly used by Finance Departments. OCR stands for Optical Character Recognition, a technology that automatically captures all invoice data and the reason why it is becoming so popular among Accounts Teams has to do with the fact that, this way, they can process a much larger volume of invoices without having to increase the headcount.

By implementing an OCR Software for Sage, Sage users no longer have to spend time on manually keying in invoice data into Sage. At the same time, Automatic Invoice Capture for Sage also increases data accuracy levels, meaning that not only Accounts Teams using sage can process higher number of invoices but they also save time on correcting errors on the accounting data entered in Sage,

How does PaperLess Optical Character Recognition (OCR) Software for Sage work?

Efficient invoice processing saves organisations time and money while reducing manual data entry. PaperLess Automatic Invoice Recognition uses two layers of OCR (Optical Character Recognition) technology to extract the relevant data from invoices into PaperLess.

PaperLess makes invoice processing simple and smart. After you digitise your invoices and edit them in PaperLess, you can post batches of invoices directly into their existing accounting applications. PaperLess integrates seamlessly with Sage 50 Accounts, Sage 50cloud, Sage 200 Professional, Sage 200 Standard and Sage 200 Extra Online and many other popular accounting applications, so the synchronisation of invoice recognition for Sage happens instantly in the background.

Companies processing invoices with several accounting lines have available PaperLess Multiline Recognition for Sage. With this powerful module of PaperLess OCR for Sage, Sage users can fully automate invoice capture processes by having all accounting data from invoices with multi-lines automatically captured with no need for any manual data input.

In fact, PaperLess Multiline Recognition for Sage does much more than simply capturing accounting data from invoices with multiple accounting lines. With self-learning capabilities, PaperLess Multiline Recognition will automatically analyse the previous postings made to the supplier that invoice relates to and, based on that, automatically populate the VAT and Nominal Code that corresponds to each accounting line on the invoice.