Invoice Scanning & Indexing

What exactly invoice scanning & indexing is?

Invoice scanning & indexing converts ordinary paper documents into useful and accessible digital files, that can be separated and index by invoice number, other fields such as, company name, date, amount and much more can be added aswell. Paper documents create a barrier to productivity, accessibility, and profitability for any organization due to their inefficient nature. Paper documents inherently are hard to manage, secure, and protect. Converting these same documents into electronic documents solves these issues and provides costs saving by integrating these images into routine business practices. The process is quite simple in that paper documents are passed through a scanning device that converts the paper document into an image. Once in the form of an image information is entered that describes it for filing it. With these converted images special processes also can be applied to read, manipulate, and interpret them through the use of OCR (optical character recognition ) and ICR ( intelligent character recognition) technologies. These technologies transform the image into text and data that can be read for retrieval or sharing with other applications.