Connect with us

Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website. .

Top Stories

AUTOMATED INVOICE PROCESSING – WHAT’S THE BENEFIT?

Automated Invoice Processing - What’s The Benefit?

ABBYY have sponsored a Formscan created white paper detailing the need for accountants to upgrade and automate their invoice processing. Chris Haden, author and managing director at Formscan, and an ABBYY partner, will be at Accountex exhibition and conference on May 16 to present the key findings.

Speaking at a keynote session at Accountex, Haden is expected to talk about the benefits and business improvements organisations can expect to achieve using Automated Invoice Processing. According to a recent end user survey conducted by ABBYY, 65 per cent and 67.5 per cent of accounting professionals reported financial and operational benefits respectively with the help of Automated Invoice Processing solutions.

Automated Invoice Processing - What’s The Benefit?

Automated Invoice Processing – What’s The Benefit?

Haden comments, “Managing and maintaining accounts and invoice processing is essential in order for businesses of all sizes to remain sustainable. Using Automated Invoice Processing, accountants can ensure documents are intelligently recognised and classified by type, the relevant data is automatically extracted and the information fed onto a pre-defined approval workflow or backend system. By automating time- and labour-consuming manual tasks organisations can improve operational efficiency, drive down costs and increase visibility.”

Accountex is the UK’s only national exhibition and conference for accountants and finance directors working in practice, business and the public sector. ABBYY and Formscan will be exhibiting at Stand A650 in the London ExCeL Centre on May 15-16.

Accountants and finance directors will have the opportunity to meet with ABBYY and Formscan to discuss their Automated Invoice Processing requirements, and learn how they can stay one step ahead in a growing and increasingly paper-logged industry and keep up with a surge in UK employment.

Global Banking & Finance Review

 

Why waste money on news and opinions when you can access them for free?

Take advantage of our newsletter subscription and stay informed on the go!


By submitting this form, you are consenting to receive marketing emails from: Global Banking & Finance Review │ Banking │ Finance │ Technology. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Recent Post