Using Advanced Document Process Automation to Improve the Financial Supply Chain

Add bookmark

Process Automation System

For many organizations the ERP is an entrenched system of record. However, ERPs are not optimized for activities such as matching printed or electronic invoices with supplier master data, purchase orders, shipping, tax and discount data.

Companies often augment their ERP, instead, with document management systems. Historically, these systems relied on optical character recognition – costly, and still requiring a high level of manual intervention.

Fortunately, the latest generation of document management systems are better able to "learn" patterns and fix data issues automatically, reducing the need for manual intervention and lowering total cost of ownership.

Because they can match data from disparate systems and pull it together in a cohesive, understandable way, these solutions are proving an excellent fit for end-to-end processes like purchase-to-pay, order-to-cash and record-to-report.

Learn more...

Latest Webinars

Scaling Finance with Confidence: The Path to Smarter AP

2025-12-02

10:00 AM - 11:00 AM EST

David Lloyd Clubs is one of Europe's leading, premium health, fitness, and wellness club chains. Wit...

From Black Box to Configurable AI

2025-11-19

10:00 AM - 11:00 AM GMT

Most finance AI tools operate like a “black box”; you send data in and get answers out, with little...

Statutory Reporting: 5 Future Trends for 2026

2025-11-13

02:00 PM - 03:00 PM GMT

Statutory reporting is evolving faster than ever. As finance leaders navigate mounting compliance co...

Recommended