ACCOUNTS PAYABLE CHALLENGES

It's no surprise that accounts payable processing is time consuming, labor intensive and error prone when over 65% of invoices are still received in unstructured and unpredictable formats that flow into finance operations every day by post, paper, fax and email. Without verified and guaranteed perfect data in your line of business systems fast, its almost impossible to achieve visibility and control of your financial processes.

Time

The time it takes to handle an AP transaction is costly both financially and in lost opportunities to exploit payment terms.

Labor

The cost of labor to manually handle each AP transaction is high and not scalable.

Re-work

Errors and omissions lead to re-work which is costly in time and labor but may have other consequences on the business.

WHY DOCACQUIRE

A truly efficient accounts payable process relies on people, process and technology working seamlessly together. DocAcquire is the easiest way to streamline your end-to-end invoice process workflows. Automate data extraction from even the most complex documents. Capture clean and verify essential key data in line with workflow rules. Deliver guaranteed perfect data directly into line of business systems to reduce time, labor and re-work.

Intelligent processing

Automate data extraction from even the most complex documents with a platform built on machine learning.

Plug and play

Connect seamlessly with your line of business systems to achieve end to end processing.

Start now & grow

Create your account here and start automating your accounts payable today. Easily setup, configure and expand.

DOCUMENT TYPES

DocAcquire brings efficiency to finance teams by understanding and processing almost every document involved in the AP process.

Invoice

Purchase Order

Bank Statement

OUR CUSTOMER SUCCESS

83

%

Reduction in manual effort

85

%

Reduction in processing time

65

%

Reduction in cost

The complexity of the documents we process was a challenge for every vendor we assessed, but DocAcquire did the job perfectly.
Philip Burkhart – Owner, Latitude Wines USA.
DocAcquire was super easy to get up and running. Within 15 mins we'd extracted all data, within an hour we'd configured our own document types, within a day we'd it integrated with our end-to-end workflow processes.
Graham Penman – Head of Automation, Jaam Automation UK.
DocAcquire solution in data capture and ML models allow us to expand our services offer through a strong combination of technology accuracy dealing with complex unstructured data, flexibility and outstanding support.
Denny Morais – Head of Automation & Projects Director Portugal.

FREE READING FROM OUR BLOGS

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7 Tips to Streamline Accounts Payable Process

Does your accounts payable department give you a headache? Are you procrastinating on sorting your invoices? You are not alone! Most of the business owners loathe the invoice handling process, it...

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Automated Invoice Processing -7 reasons why modern businesses need it

It is impossible to run a modern business without hearing about automation. You will find loads of reports and articles stating automated invoice processing is the best way to handle business...

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5 hidden costs in manual invoice processing

Is your company still using manual invoice processing to manage the cash flow? Are you aware of the fact that manual invoice processing might be bogging down your business? It is not just your...

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