Featured Product - Readsoft Invoices online

Readsoft Invoices online

Intelligent Cloud Based Invoice Processing Solution

ReadSoft Online provides easy and flexible automatic data capture and workflow for supplier invoices. The cloud-based solution seamlessly integrates with a variety of ERP and other target systems. ReadSoft Online incorporates advanced technology, refined business logic and country-specific knowledge to efficiently capture data – both header and line items – from supplier invoices. Invoices are initially scanned, uploaded or emailed directly into ReadSoft Online. Verification is then performed either by the end user, or provided as a service. After invoices are verified, they are automatically routed to a user-friendly approval workflow. The invoice images and corresponding data are then sent to the receiving application

ReadSoft Online is available for login anytime and accessible anywhere there is internet connectivity.
Capture quality
ReadSoft Online delivers a minimum data capture accuracy level of 80%. If the ReadSoft Online verification service is utilized, the guaranteed minimum data capture accuracy level is 98.5%. When applying the “four eyes principle,” a 99.9% accuracy level is achievable.
Incoming document requirements
In order to uphold the delivery and quality commitments, the received documents must pass an initial assessment. The assessment verifies that an identifiable sender exists and the quality of the documents is adequate for data capture. Additionally, the document must be the agreed upon document type and it must contain the required data.

Key Features and Benefits

With ReadSoft Online, you will:
Improve your bottom line
Reduce costs for manual keying and manual verification.
Harness the power of the cloud
CloudBy utilizing the cloud, invoice automation is always available, anywhere with an internet connection.
Reduce IT requirements
By utilizing the cloud, implementation is fast and requires no hardware investments. Automatic backups free the organization from ongoing maintenance and software updates.
Improve financial control
Receive instant, accurate financial statements, and access any invoice, quickly and easily. Greater control also means no fraudulent invoices are paid and no invoice is paid twice.
Improve supplier relations
As invoice processing gets faster, late payment penalties are eliminated and early-payment discounts are increased

End user advantages

  • Swiftly populate your application with accurate data ,at the same time ,reduce manual input requirements
  • Constant availability, regardless of the time or location
  • No costly hardware purchases required
  • No expensive software to install
  • No backup or recovery required
  • No time-consuming maintenance, upgrades.