Invoice Processing

Kofax has acquired Tungsten Corporation, a global B2B e-invoicing network that facilitates and streamlines complex invoice-to-pay processes.

When discussing intelligent automation with our customers, one key challenge that rises to the top of the conversation is how the data trapped in their documents is the lifeline to many of their processes. They lack the ability to automatically identify the documents, extract the data, and connect it to their employees and processes, and they’re feeling the pain both in back-office operations and on the customer experience.

­​Apperio, a UK provider of legal spend analytics and matter tracking software, has announced the availability of a new feature to streamline the process of reviewing and approving law firm invoices to its legal spend management platform. The new feature includes a detailed audit trail that tracks and reports every action made about an invoice as it moves through the review and approval workflow.

Infrrd, a US provider of Intelligent Document Processing (IDP) solutions, has announced the launch of Infrrd for Invoice, the latest addition to its artificial intelligence (AI) portfolio. Infrrd for Invoice incorporates the Company’s proprietary and patented AI-based IDP technology to extract and manage essential invoice information in the most accurate and efficient manner.

Foodfirst, a 100% New Zealand owned and operated national food distributor, has turned to PSIcapture to streamline its operational processes and implement an automated method for extracting and indexing of invoice documents.

Esker has been awarded a US Patent for its automated batch-cutting technology spanning both the order-to-cash (O2C) and procure-to-pay (P2P) cycles.

Newgen Software, a global provider of low code digital transformation platform, has now integrated with Microsoft Azure Applied AI Services for enhanced automation, and support for Azure Form Recognizer for intelligent document processing.

Kodak Alaris and Ephesoft have formed a strategic alliance to deliver intelligent document processing solutions to the APAC region. Building on a successful relationship serving customers in Europe, Kodak Alaris staff in Australia and New Zealand recently completed training with Ephesoft Transact to bring the joint solution to the APAC market.

Locally developed OCR platform Sypht has announced a merger with US and European ECM solution provider enChoice.

A household name in Australia for sales and distribution of commercial and retail domestic products has moved five departments across to Hyland’s OnBase content services platform.

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