Decreasing your error rate
Decreasing your error rate with automated invoice processing. Automating invoice processing boasts many benefits. It allows you to save money and time.
The importance of negative filters for document digitisation
In DocBits are two options to classify a document. We use a neural network as well as TF-IDF in DocBits. The negative filters are important to get the best results.
When are documents ready for automation?
One of the most important benefits of document automation is the ability to read and process documents without human intervention.
Benefits of document digitalization
More and more paper is disappearing. Everyone is going paperless. Online purchases, airlines, stores, gas stations, doctor’s offices, dry cleaners…you name it!
Let Machines do annoying Tasks
Why not try something completely new and save time?
Putting the dishes in the dishwasher in the evening to let them do the work is perfectly normal.
Steps of invoice processing 🧾
Invoice processing by definition is a business function performed by the accounts payable department. It consists of a series of steps for managing vendor.
Automated Invoice Receipts – too good to be true?
Imagine you could use Artificial Intelligence and guarantee a more accurate, faster and cheaper automated invoice receipt process.
What is a BOD at Infor?
A Business Object Document (BOD) is, simply put, a standardized “data package” that securely exchanges information between different systems.
Verification of Payee
Mandatory payee verification from October 9, 2025 – Greater security in European payment transactions. An important change will come into effect on October 9, 2025: Payee verification – also known as Verification of Payee (VoP) – will become mandatory in the EU. This procedure is intended to significantly reduce incorrect transfers and cases of fraud.
Product-Update
Our latest update brings numerous improvements to the platform that will make your daily work noticeably easier. Whether you’re creating emails, navigating the dashboard, or working with automation, everything has been refined so you can work faster, more transparently, and more precisely.