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What is EXACTO Invoice?

The processing of invoices has consistently been acknowledged as one of the most demanding and error-laden tasks in organizations. Daily, billions of dollars in invoices are processed, creating challenges for accounts payable teams as they are required to manually check, extract details, download, and prepare data for payment systems. With the advent of digital transformation, the automation of this process has accelerated significantly, enhancing both efficiency and effectiveness while reducing human errors and allowing organizations to cut costs. HCL’s EXACTO™ Invoice stands out as a distinctive platform that employs patented artificial intelligence, deep learning, and natural language processing to optimize the data extraction from invoices, receipts, and purchase orders. It integrates smoothly with various sources and can handle documents in over 13 languages, featuring advanced AI and machine learning capabilities for document classification and digitization. This cutting-edge technology not only conserves time but also enables companies to dedicate their resources to strategic projects instead of mundane administrative duties. By embracing such innovations, businesses can significantly transform their operational landscape.

What is Altisource Document Management Suite?

An Automated Document Management System (ADMS) leverages artificial intelligence and machine learning technologies to streamline the processes of indexing, extracting data, and validating essential information. This system effectively removes the need for labor-intensive manual processing, which often incurs high costs and takes considerable time. Users can conveniently examine the outcomes and trust the accuracy of the AI-driven evaluations. It is capable of handling extensive documents that can be managed, searched, accessed, and edited with ease. Cutting-edge natural language processing features are provided by top industry vendors. Furthermore, there is an option for pre-training on commonly encountered mortgage documents, and the system's capabilities can be adapted for various other sectors as well. This flexibility ensures that the ADMS can cater to a wide range of document management needs across different industries.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

$5.00/month

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support

Training Options

Documentation Hub
Online Training

Training Options

Not specified

Company Facts

Organization Name

HCL Software

Date Founded

1976

Company Location

Italy

Company Website

www.hcltechsw.com/exacto

Company Facts

Organization Name

Altisource Solutions

Date Founded

2009

Company Location

Luxembourg

Company Website

www.altisource.com

Categories and Features

Categories and Features

Document Management

Access Controls
Archiving & Retention
Collaboration Tools
Compliance Tracking
Document Archiving
Document Retention
Email Management
File Recovery
File Type Conversion
Offline Access
Optical Character Recognition

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