8th August 2016
ABM Data Extraction powered by Xtracta App
Advanced Business Manager has the capability to automatically extract and process data from your business documents. This allows you to save time entering documents, like invoices and orders, by simply scanning and uploading, or emailing, them directly into ABM. You can even automatically forward emails sent to a specific email address for receiving invoices or orders straight to the data extraction system, without you having to handle them at all.
"The business is rapidly growing, and there are not enough hours in the day to achieve value add tasks, When you have time-saving tools like the Xtracta App, it increases efficiencies and frees staff to focus on value-add projects."
Vaneeta Bhula, Accountant, Nandos New Zealand
The new functionality is designed to streamline administration functions and bring new efficiencies to ABM users’ businesses. Functions such as entering and processing supplier invoices and customer orders can now be fully automated. New document workflows are being added continually, with Customer Remittances due to be available shortly. In addition, the system can be customised to handle other documents you may deal with, such as service requests, timesheets and stock requisitions and process them according to your requirements. Please feel free to talk to your local support partner about your individual customisation needs.
Once a document is uploaded or emailed into ABM, its data will be read and it will be available for review and approval into the ABM database in seconds, with a copy of the original document attached. The service can work with scanned, photographed (great for receipts) or digital documents such as PDF or word documents. All data is carefully validated and controls can be set for whether the documents can be processed immediately or require approval. If any information was missing from the document, the user can quickly make the required changes.
Powered by our technology partner Xtracta’s data extraction technology, the feature utilises artificial intelligence (A.I.) to read and comprehend documents in the same manner as humans do. With strong data validation and a powerful machine learning capability, the service is highly accurate and improves over time.
- Saves time
- Reduces overheads
- Improves accuracy
- Automated processing
- Optional approval process
- Customisable for your business processes
- Match purchase invoice against order
- Store Document image
Contact you local support partner to find out more about ABM Xtracta and whether it is the right fit for your business.
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