How did we reach Capture-as-a-Service in Accounts Payable?

  From physical processing to Capture-as-a-Service in Accounts Payable. Humanity as a race has and still does (as a majority) underestimate the computing power of a device that can fit in the palms of our hands. An everyday example is a calculator. For many people, a calculator can be found on their smart phone, by

Is a Capture Rate of 99.5% the Key?

  Before Capture Rate… Before we talk about capture rate and process management, we should first highlight how the information from an invoice is captured and processed into a finance system. There are various options, but the most common three are; manual entry by an accounts payable clerk, outsourcing your invoices to be processed off

Importance of Capture Rate & Process Management

Is a capture rate of 99.5% accurate? Before Capture Rate… Before we talk about capture rates we should first discuss how the information from an invoice is entered into a finance system. There are many options but the most common three being manual entry by an accounts payable clerk, outsourcing your invoices to be processed

Fraud in Finance Isn’t New

Fraud through the ages Fraud in Finance is nothing new, it’s a serious crime that’s got severe punishments associated to it and it always has. Since the internet was created in the late 1980’s, and the news became readily available for everyone to see and now it seems that the fraud cases have become a

The Next Generation of Invoice Capture

Digital transformation may be well under way –  but most companies admit to still using paper-based document capture solutions, including fax. These processes not only waste time, but leave businesses open to manual error and loss, theft or damage of physical documents. Additionally, the vast array of digital communication channels is making it vital for