Tungsten ReadSoft Invoices

Direct all incoming invoices into a single flow.

Tungsten ReadSoft Invoices channels all invoices into one streamlined process. Whether invoices arrive in envelopes on paper, by email attachments via XML or PDF, they are processed efficiently. The solution automatically extracts and validates the relevant data through a dedicated solution, reducing manual intervention and errors.

Tungsten ReadSoft Invoices delivers unparalleled accuracy and control in invoice processing. With the power of an AI-driven Optical Character Recognition (OCR) engine, it automatically extracts data from invoices with precision, allowing businesses to focus on more critical tasks while ensuring data accuracy.

Country-specific invoice profiles

Tungsten ReadSoft Invoices includes pre-configured country-specific profiles that simplify the processing of invoices across different regions. These profiles, which cover tax rates, currencies, and date formats, allow for the automatic validation and verification of nearly any invoice.

The system includes key details like language settings, legal requirements, address formats, and financial reporting guidelines specific to each country. This setup enables businesses to manage invoicing efficiently, reduce errors, and ensure compliance with regional standards.

Capture Capabilities

Self-learning processing engine

Continuously improves speed and precision, learning to locate pertinent data on invoices over time.

Automatic sorting of invoices

Automatically differentiates between suppliers and buyers, determining the invoice types for more efficient processing.

Advanced line-item data capture

Recognizes and processes line-item data, even in the most complex invoices, to ensure accuracy.

Built-in support for regional variations

Comes equipped with country-specific settings to facilitate seamless validation across different regions.

Validation and line pairing

Automatically validates items and pairs invoice line items with corresponding purchase order lines, ensuring accuracy in matching.

Business system integration

Integrates seamlessly with leading ERP systems like NetSuite, Coupa, SAP, and Microsoft 365, enhancing overall business efficiency.

Smart XML technology within Tungsten ReadSoft Invoices

Smart XML simplifies the handling of complex XML formats. It revolutionizes how businesses manage data. The software handles known XML formats like UBL, E2B, OIO, EHF, Svefaktura, and Finvoice. It also adapts to unknown XML formats and variations. By learning from previously processed invoices, the system continuously improves its efficiency and accuracy.

Automatically extract and validate relevant invoice data, and quickly transfer it to the workflow and finance system.

Tungsten ReadSoft Invoices boosts efficiency by automating invoice capture, reducing manual labor, and allowing focus on high-impact financial strategies.

Contact us about Tungsten ReadSoft Invoices

Measurable results. Noticeable Impact.

Case
Efteling
50%
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Case
Febelco
Notable
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