What would it mean if your business could process invoices faster and with greater efficiency and accuracy? When business leaders embrace the idea of creating value and increasing efficiency, good things happen. Now, you can use intelligent technologies to boost productivity and drive business value. Value in strengthening existing vendor relationships. Value in collecting early payment discounts, while reducing operational costs. Value in outsourcing time-consuming processes to a trusted business partner, while allowing management to focus on strategic areas. Sound too good to be true? Using the Invoice Capture service in conjunction with Concur Invoice allows businesses to reduce recurring data entry and improve invoice turnaround times, all while increasing accuracy and visibility. So what does this mean for your business? Let’s take a closer look. Vendors can send invoices directly to SAP Concur via mail, email, or electronically, helping businesses centralize their invoice management process and move from paper to paperless. You will be able to capture critical invoice data, like vendor names, PO numbers, dates, amounts, and more. Invoice Capture uses OCR technology and SAP Leonardo Machine Learning to auto-populate data, followed by a human validation process performed by SAP Concur to ensure the data is accurate before the invoices get processed. Now that the data has been extracted and validated, the invoice now enters the approval workflow to ensure the spend falls within company policy. Once approved, the invoice is now ready for payment! What could be easier? Simple, efficient, and fast, Invoice Capture helps businesses achieve greater cost savings by outsourcing tedious data entry and validation. To learn more about Invoice Capture, contact SAP Concour today.