Back Office Word of the Week 5/6/19

Data Capture

Is the process of “capturing” and converting information from documents (paper or electronic) into a form that can be handled electronically, and preferably with little or no human intervention. In an Accounts Payable (AP) environment this information is extracted from invoices of varying formats and file types so the invoices can be processed for payment. Data capture tools can vary from simple data entry to Optical Character Recognition (OCR) applications, vendor portal or supplier portals, or document assembly solutions. Let the experts at ICG help you to design the data capture strategy that fits your organization and take your Accounts Payable operations to a new level of efficiency and automation.

Learn more about ICG’s Data Capture solutions here. Or request a personalized demo of our solutions. Free Demo request.


Posted on May 6, 2019