Automation for Invoices – Blackbaud’s Financial Edge NXT

$1,140.00

Enables the scanning and uploading of invoice documents into Financial Edge NXT. It uses optical character recognition (OCR) to automatically capture invoice data off of those documents. Users can validate/correct the data captured, edit fields, and submit invoices into Financial Edge NXT.

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SKU: WOAAFIFE Category:

Description

Automate the process of creating Accounts Payable transactions and filing documents in Blackbaud’s Financial Edge NXT.

Automate your Accounts Payable transaction creation by eliminating manual data entry and improve the ‘filing’ of your documents to reduce overhead costs.

With advanced OCR technology, the out-of-the-box master definition extracts data from an invoice such as Vendor, Invoice Date, Invoice Number, Purchase Order and Amount without having to ‘train’ the system for each vendor format.

Uses an algorithm to match a Vendor to the Vendor table, so transactions are easily created.

Other information, like GL Account Distribution, can be brought forward from the vendor record where applicable to reduce data entry for coding.

Data is pushed into Blackbaud’s Financial Edge NXT using an out-of-the-box API integration to create the AP transactions and ‘file’ the document, so that it is accessible with a click.

This invoice solution is designed to scale for small and medium organizations based on your needs, enabling you to upgrade to PaperSave for enhanced processing requirements, Workflow and Document Management features when you’re ready, without skipping a beat.

Benefits Include:

  • Up and Running in Minutes
  • Lower Capture Costs
  • Eliminate Errors
  • Eliminate Filing
  • Protect Documents
  • Up and Running

Key Features:

  • Integrated with OCR technology for computer generated learning.
  • Point-and-click technology for operator assisted learning.
  • Documents securely stored in the cloud and available on demand from an accounts payable transaction.

Please see our product page for more information on features and for some videos of the product.

Additional information

Levels

Good, Better

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