Functionality
Those systems functionality normally covers the following scope:
Invoice Reader solution elements |
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integrate with image documents sources such as scanners, enterprise e-mail servers, fax servers. |
perform document characters recognition (Optical character recognition - OCR, Intelligent Character Recognition - ICR, Optical mark recognition - OMR) with multiple recognition engines |
perform the Document classification |
perform Automatic identification and data capture (also referred to as data extraction, or intelligent document recognition - IDR) |
manage the workflow of Document classification, validation and exceptions handling, and approval |
integrate with line of business enterprise systems (Enterprise resource planning - ERP, Customer relations management - CRM, Content Management Systems - CMS, Digital archives...) and deliver the extracted information along with the images |
Validations performed on the invoice usually include checks against the Line of Business systems information about vendors, line items (materials and services) bank accounts, contacts information, purchase orders, goods receipts and similar.
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