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Why You Need More than OCR for Effective Invoice Capture

Why You Need More than OCR for Effective Invoice Capture

By Business Process Outsourcing, Invoice Processing
OCR-backed invoice capture is being touted as a game-changer in invoice processing, accelerating data collection for faster approval and payment cycles.

However, while automated OCR or optical character recognition has brought about a revolution in the standard invoice management process, it’s not enough on its own to carry out a successful accounts payable operation.

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Testing Waters in a Changing Financial Landscape

Testing Waters in a Changing Financial Landscape

By Business Process Outsourcing
As the COVID-19 crisis unfolds, it is causing widespread disruptions that will ripple across different industries and sectors in the years to come. In the face of this uncertainty, it is vital for all financial institutions to take proactive measures to improve credit management, reassure both borrowers and investors and get a better understanding of their everyday financial data to make smarter decisions. 

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