Invoice Processing

Ephesoft has announced the availability of Semantik Invoice, a cloud-based data acquisition product with an out-of- the-box artificial intelligence model designed to reduce costs by 30% and significantly cut the time to process an invoice while achieving accuracy by over 97%.

Deloitte UK and UiPath, the enterprise Robotic Process Automation (RPA) software company, have announced they are working together to deliver Deloitte Intelligent Document Processing (DIDP).

Compu-Stor has deployed a Kodak Alaris Info Input Solution for web-based, distributed capture, the first deployment of the solution in Australia following its launch in 2019.

Auckland-based Rental & Property Management company Goode Rentals has solved a headache in data processing for water charges utilising a sophisticated capture solution from PSIGEN.

Fuji Xerox will now market Esker’s cloud-based Accounts Receivable automation solution in the Asia-Pacific (APAC) region. This reseller agreement expands the partnership between the two companies, who are already collaborating on an accounts payable (AP) automation solution in the same region.

Today’s companies put huge efforts into negotiating the best terms with their suppliers. Procurement teams regularly spend weeks or months going back and forth on contract terms and volume discounts to get the most bang for their buck. Too often, these savings aren’t realized.

Epson has launched the WorkForce ES-500WR document scanner bundled with two software packages, Epson’s ScanSmart Accounting Edition Software and Nuance Power PDF software. Designed for small business and home users, the ES-500WR scanner has been specifically designed to streamline the processes of organising and sharing financial documents.

Experienced EDI gateway provider MessageXchange has been certified as the first Peppol Access Point service provider for e-invoicing in Australia and New Zealand. Peppol is a data interchange format initially developed in Europe that eliminates the need for hard copy or PDF invoices.

Continuing the push to adopt the Pan-European Public Procurement On-Line (PEPPOL) technology standard for e-invoicing in Australia, the Australian Taxation Office (ATO) has been formally established as the Australian PEPPOL authority.

SaaS e-invoicing solution provider Storecove, based in The Netherlands, has established its Asia-Pacific presence with the successful acquisition of Squirrel Street’s e-invoicing business. Initially based in Australia, the company plans to set up Singapore as its Asia-Pacific centre of operations.

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