Invoicing Automation

Coupa Link Certified

Symbeo

OVERVIEW

Kofax is a leading provider of software to simplify and transform the First Mile™ of business. Success in the First Mile can dramatically improve the customer experience, greatly reduce operating costs and increase competitiveness, growth and profitability. Kofax software and solutions provide a rapid return on investment to more than 25,000 customers in financial services, insurance, government, healthcare, higher education, supply chain, business process outsourcing and other markets. Kofax markets its solutions via a direct sales and service organization, along with a global network of more than 1,000 authorized partners in more than 70 countries throughout the Americas, EMEA and Asia Pacific.

SOLUTION

Drive Productivity and Cost Savings with Seamless Invoice Processing in the Cloud
The use of cloud-based solutions for finance is soaring. And so are the financials at companies that are no longer weighed down by the need for manual processes or costly on-premises implementations that require expensive hardware and IT resources.

With ReadSoft Online™, Coupa Customers can accurately capture, extract and validate all invoice data while transforming accounts payable into a transparent, controlled and strategic business unit. RSO is true multitenant SaaS solution with an invoice extraction learning engine that is available 7x24 worldwide. With configuration able to be completed in hours and requiring no hardware or software investments, there is no time-consuming maintenance, upgrades or updates. Customers will always have access to the newest features and most up-to-date version of the solution. Invoices can be received by ReadSoft Online™ as email attachments to customer-specific addresses and delivered to Coupa.

Kofax

Key Features

  • Market leading invoice processing solution with over 7,000 customers worldwide.
  • Complete invoice data extraction through a multi-tenant, cloud-based service with machine learning engine capabilities.
  • Supports 26 different languages of invoice origin – including simplified Chinese.
  • Best in class extraction rates as high as 95% and typically not less than 80%.
  • Supplier Invoice formats accepted include JPEG, JPG, PDF, PNG, TIFF, and TIF. In addition, ReadSoft Online™ accepts all of the most common XML formats and will generate PDF invoice image for XML invoices once received.