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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 ancoraDocs?

ancoraDocs Enterprise is a cutting-edge and flexible solution for capturing documents and processing forms, developed by ancora Software. It provides options for both on-premise and cloud deployment while utilizing advanced "Document Understanding" technology to automatically identify and categorize a wide variety of document types and formats. This automation facilitates swift capture, classification, indexing, recognition, data entry, and validation of virtually any document that businesses encounter. Designed as a browser-based platform, it simplifies cloud implementation and utilizes machine learning techniques to optimize the initial configuration process. Additionally, it incorporates robust security measures, comprehensive reporting features, barcode recognition, and versatile import methods from various sources such as email, fax, FTP, or direct scanning. By offering a holistic set of functionalities, ancoraDocs Enterprise not only boosts operational efficiency but also aids organizations in maintaining a more streamlined and organized document management system. Furthermore, its user-friendly interface ensures that employees can easily navigate the system, maximizing productivity and fostering collaboration across departments.

Media

Media

Integrations Supported

Integrations Supported

Epicor Prophet 21

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Web-Based Support

Customer Service / Support

Web-Based Support

Training Options

Documentation Hub
Online Training

Training Options

Documentation Hub

Company Facts

Organization Name

HCL Software

Date Founded

1976

Company Location

Italy

Company Website

www.hcltechsw.com/exacto

Company Facts

Organization Name

ancora Software

Date Founded

2014

Company Location

United States

Company Website

ancorasoftware.com/ancoradocs-enterprise/

Categories and Features

Categories and Features

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