AP stands for Accounts Payables. This is a sub-process of the larger Purchase-to-Pay (P2P) process. The Process starts when the company receives an invoice (payable) and ends with the invoice being ready for payment. The process includes the (automatic or manual) data extraction to populate the invoice with the ERP system, the reconciliation of the invoice against the purchase order and /or the Goods Received records, line-level GL- coding, and Approvals. AP AutomationAP stands for Accounts Payables. This is a sub-process of the larger Purchase-to-Pay (P2P) process. The Process starts when the... is about automating as many of these things as possible.
More to read
Is AI in Data Capture real? or: Are templates really a bad thing?
Many Capture and RPASome see RPA as a lightweight BPM system. The idea of RPA...
May
How Language Detection can help your document automation process
Language plays an important role in document classification and data extraction. It also matters in...
Feb
Hyperscience takes another step from ICR towards enterprise automation
In a recent press release, Hyperscience, a company originally known for its ICRICR is an...
Feb
Finding the best OCR engine for you
OCR use cases and flavors Before we dive into the details, let me explain what...
Jan
How to make the job of an OCR engine really difficult
Our new AP Automation software My accounting department bought a new software for AP AutomationAP...
Jan
OCR and ICR – an overview
OCR, ICR, cursive handwriting, machine print... See how OCR technology recognizes these writing styles and...
Dec
Named Entity Extraction – How does it solve real business problems?
What is Named Entity Recognition? Named Entity Extraction (NERNER is a subfield of NLP. It...
Dec
A review of Microsoft Form Recognizer Service and Studio
What is Microsoft Form Recognizer? And what is it not? Form Recognizer is a Microsoft...
Nov