Using artificial intelligence and capture automation, data is intuitively extracted from both paper and emailed invoices.
Using artificial intelligence and capture automation, data is intuitively extracted from both paper and emailed invoices. Palette’s invoice capture solution has a data capture accuracy rate of 95% for paper, and a 100% accuracy rate for electronic formats.
95%
Accuracy Rate
For Paper
100%
Accuracy Rate For
Electronic Formats
“We searched for a flexible purchase-to-pay solution that could help us control purchasing and secure supplier loyalty, and that would also live up to our internal authorization framework.”
Manage large invoice volumes with Palette’s secure, compliant invoice-scanning service with advanced OCR and AI digital capture technologies. Our Invoice Scanning & Collection service for higher volumes allows for invoice capture in multiple formats, including physical mail, images, email, fax, PDF documents, EDI, and XML. It combines sophisticated high-speed invoice scanning with advanced form-identification technology to automate the processing of all document types:
Higher Volume Service:
Palette’s Capture Solution seamlessly integrates with your ERP, which means that everything you do in Palette is automatically transferred:
Electronic Format
For electronic formats, your supplier sends the invoice to a specified email address. Palette’s solution extracts invoice data and forwards it to your ERP.
OCR invoice scanning
For paper formats, intelligent OCR invoice scanning extracts the data from the scanned invoice and sends the data to your ERP or workflow.
Trustmark
Palette is trusted by banks and financial institutions in the US and Europe. Accreditations in the US include SOC1, SOC2, HIPAA, ISO 27001, GDPR, and PEPPOL.
Improved structure for your supplier invoices
Maximize the automation of your invoice capture by allowing the system to match invoices with purchase orders or contracts. Direct resources towards exceptions and free up time for higher-value work.
Less risk of mistakes or missing data
Manual data entry is prone to errors. By using automatic invoice capture you can guarantee the data input is always accurate to minimize mistakes which can lead to problems further down the line.
Save time and effort
Not only is manual data entry for invoices prone to errors, it also takes time. Our invoice capture solutions automate manual and repetitive tasks, allowing you to focus on developing your business.
Let us know what problem are you looking to solve.
Palette Software was founded in 1993 in Stockholm and has offices in the United States and the Nordics. Palette solutions are available through a growing network of partners in some 50 countries in North America, Europe, and Australia.