Datasheet

Invoice Virtualization

Convert any type of invoice, whatever the format, into an electronic invoice with 99.95% accuracy

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What the datasheet covers:

Invoice accuracy is essential to ensure proper, on-time payments to suppliers. Yet, many suppliers still send paper invoices or invoices as faxes, emails, or uploads. These documents require manual keying into your system, and that can lead to errors.

Corcentric’s Invoice Virtualization Center will take any of these invoices, digitize them and convert them into e-invoices. Unlike other conversion operations, Corcentric uses a two-step process called double-blind keying that ensures greater accuracy than traditional one-step Optical Character Recognition (OCR).

Corcentric’s Invoice Virtualization offers:

  • 99.955 accuracy on electronic invoices
  • 24-hour average turnaround after invoice receipt
  • Reduction in exceptions
  • Much more…