Kofax ReadSoft Invoices acts as a funnel. Direct all incoming invoices into a single flow. Whether invoices enter the organization in envelopes, fax, or email attachments, via XML, EDI, or PDF, the solution automatically extracts and validates relevant invoice data. Also, it swiftly transfers it to the workflow and finance system: the result, complete control and visibility of your invoices regardless of their source.
Invoices received on paper first have to be scanned and are then converted into Optical Character Recognition (OCR)-friendly images. The software automatically enhances these images for the highest level of data capture accuracy with the least human intervention.
ReadSoft Invoices even comes programmed with country-specific profiles. The profiles include tax rates, currencies, date formats, and more so that almost any invoice can be automatically validated and verified.