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Open Scan Technologies Inc

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Open Scan Introduces Accounts Payable Solution for Faster Processing of Invoices

Denver, CO, September 28, 2012 --( Open Scan Technologies Inc. has recently introduced a new solution designed to help companies consolidate the time and resources required for the processing of invoices. Their new accounts payable solution is engineered to streamline the entire process of managing vendor invoices from data entry to exceptions resolution and intelligent approval.

The company’s new accounts payable solutions works through a stage-by-stage process. This process begins with the invoice capture stage where vendor invoices and related documents are converted into images using high-speed scanners and electronic file adapters. One of the clear operational advantages of this method is that there is no need to sort the invoices prior to scanning. After the invoice has been captured and verified, all relevant data is extracted using Optical Character Recognition (OCR) specifically designed by the team at Open Scan for processing invoice line items and static data seamlessly. The solution then takes the extracted and verified information and formats it to integrate directly into the client’s current ERP formatting infrastructure.

The approval and resolution stage for processing invoices with the Open Scan accounts payable solution is the final stage of the process. Invoice line items that match a purchase order can be approved within the system without the need for staff input. If mismatches occur, the accounts payable system will create an immediate report that allows in-office team members to go over the data and approve it.

This latest solution from the experts at Open Scan will help save organizations thousands of dollars each year within the accounting departments. To learn more, visit for more information.
Contact Information
Open Scan Technologies Inc
Ryan Stoops
574 Santa Fe Drive.
Denver, CO 80204
303.333.1777 fax

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