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.
Integrations
No integrations listed.
Similar Software to EXACTO Invoice
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KlearStack
KlearStack revolutionizes invoice processing by utilizing an automated system that does not rely on templates, thereby removing the burdensome chore of manually handling unstructured documents.
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With our unique template-less AI/ML technology, businesses can eliminate the need for extensive time spent creating and updating templates, leading to a remarkable productivity boost of up to 200%.
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Company Facts
Company Name:
HCL Software
Date Founded:
1976
Company Location:
Italy
Company Website:
www.hcltechsw.com/exacto
Product Details
Deployment
SaaS
Training Options
Documentation Hub
Online Training
Video Library
Support
Web-Based Support
Product Details
Target Company Sizes
Individual
1-10
11-50
51-200
201-500
501-1000
1001-5000
5001-10000
10001+
Target Organization Types
Mid Size Business
Small Business
Enterprise
Freelance
Nonprofit
Government
Startup
Supported Languages
English