Tungsten ReadSoft Invoices
Direct all incoming invoices into a single flow.
Tungsten ReadSoft Invoices channels all invoices into one streamlined process. Whether invoices arrive in envelopes on paper, by email attachments via XML or PDF, they are processed efficiently. The solution automatically extracts and validates the relevant data through a dedicated solution, reducing manual intervention and errors.
Tungsten ReadSoft Invoices delivers unparalleled accuracy and control in invoice processing. With the power of an AI-driven Optical Character Recognition (OCR) engine, it automatically extracts data from invoices with precision, allowing businesses to focus on more critical tasks while ensuring data accuracy.
Country-specific invoice profiles
Tungsten ReadSoft Invoices includes pre-configured country-specific profiles that simplify the processing of invoices across different regions. These profiles, which cover tax rates, currencies, and date formats, allow for the automatic validation and verification of nearly any invoice.
The system includes key details like language settings, legal requirements, address formats, and financial reporting guidelines specific to each country. This setup enables businesses to manage invoicing efficiently, reduce errors, and ensure compliance with regional standards.
Capture Capabilities
Smart XML technology within Tungsten ReadSoft Invoices
Smart XML simplifies the handling of complex XML formats. It revolutionizes how businesses manage data. The software handles known XML formats like UBL, E2B, OIO, EHF, Svefaktura, and Finvoice. It also adapts to unknown XML formats and variations. By learning from previously processed invoices, the system continuously improves its efficiency and accuracy.
Automatically extract and validate relevant invoice data, and quickly transfer it to the workflow and finance system.
Tungsten ReadSoft Invoices boosts efficiency by automating invoice capture, reducing manual labor, and allowing focus on high-impact financial strategies.
Frequently asked questions
Tungsten ReadSoft Invoices captures paper invoices, PDFs, email attachments, and structured e-invoices.
In addition, the solution recognizes supplier variations and country-specific formats used across Europe.
The platform combines advanced OCR with self-learning logic. As a result, extraction quality improves over time, reducing manual data corrections and speeding up downstream processing.
Yes. Tungsten ReadSoft Invoices integrates natively with SAP, ensuring that invoice data flows directly into your existing validation, matching and approval workflows.
The solution includes regional profiles that apply the correct tax fields, legal requirements and reporting rules. Therefore, organisations can process invoices consistently while meeting local and EU-wide standards.
Exception cases are routed automatically to the appropriate approver. Consequently, finance teams spend less time following up on missing details and can resolve discrepancies more quickly.
