Simplify And Speed Up Your Accounts Payable Invoice Processing with i2B Document Management

Accelerate your AP processes and reduce invoice data errors

Accelerate your accounts payable invoice processing and gain full visibility over the status of invoices by automating your invoice processing in a single application.

Unlike traditional OCR tools, i2B Document Management requires no specific rule or template setup. We’re ready to extract data from a wide variety of your vendors invoices right away. This is thanks to “Rossum” artificial intelligence and learning technologies that automatically interprets the underlying general structure of invoices.

i2B offers 6 times the speed of data entry compared to a manual process. We’re able to extract data from very diverse invoices thanks to state-of-the-art AI, inspired by how humans approach finding information.

How i2B AP Automation Works

Vendor Upload

Your vendor uploads their invoice into the i2B platform.

We can also download PDFs or scanned invoices from a mailbox, shared drive or forwarded email by your vendor.

Invoice Data Extract

This is where the magic happens. The AI technologies go to work and read your vendors invoice.

Initially the vendor will be asked to confirm the AI findings. Once confirmed that’s it. The AI learning is automatic and if every invoice uploaded is in the same format by the same vendor they will be automatically read and processed.

Benefit

We’re able to 3-way match vendors invoice automatically, checking for PO and non-PO related invoices. We can then auto-authorise or put invoices into a manual checking folder for you to review.

We can then post invoices into your ERP accounts payable system, accelerating your accounts payable invoice processing via a single application.

What i2B Document Management Brings

Visibility

For PO and non PO related invoices, you have instant access and notifications. You are constantly in the loop as to the status of each of your vendors invoices.

Productivity

Remove repetitive data entry through advanced defaulting and accounts payable automation.

Efficiency

Enable faster invoice processing of 100% of your invoices. Eliminate paper and manual activities whilst ensuring on-time payments. Capture early payment discounts and avoid late payment fees.