Your days of touching paper invoices are over. Symbeo RapidInvoice is a modern mailroom and invoice data capture solution that removes repetitive, manual tasks from the accounts payable (AP) process. With newfound flexibility and visibility, you can begin to harness the power of automation that helps your company achieve business goals and focus on what matters most.
By Symbeo, Inc
Overview
RapidInvoice bridges the gap between manual and e-invoice processes
Complete digitalization of paper invoices to support your e-invoicing and P2P platform. AI-enhanced OCR eliminates the most burdensome part of AP and delivers the invoice image and data directly to your SAP system.
Eliminate the heavy lifting in AP
Zero physical documents to manage means you get back 100% of the time spent opening, scanning and processing that paper. Focus that time on work that positively impacts the enterprise.
Bridge the gap between paper and electronic invoices
Paper invoices may never go away, but you don't have to touch them anymore. RapidInvoice automates all manual processes so they can join the flow of your electronic invoice solution. Extend and enhance the value of the ISBN platform without extra effort.
Details
Solution type
Extensions and Add-ons
Industry
Cross-Industry, Retail, Automotive, Utilities, Travel and Transportation
Compatibility
Works with
This product is compatible with or enhances the functionality of these SAP solutions but doesn't require them.
SAP Ariba Buying and Invoicing
Features
Digital Mailroom
Daily pick up, secure receiving, and preparation of physical documents. Emailed invoices arrive from vendors via a secure dedicated email address. Physical and logical security and privacy policies, and physical and digital envelope boundaries are maintained throughout the process.
Invoice Digitization
High speed scanning and digitalization reduces the time and cost involved in processing paper documents and enables the use of enhanced OCR software when manipulating the invoice later in the process.
Separation and Classification
Proprietary software performs intelligent AP document Separation and homegrown machine learning driven document Classification get documents ready for field-level data capture.
Data Capture
Using AI-enhanced OCR, header and line details are captured from the document image. A proprietary post-process layer performs essential clean-up and formatting of the invoice data.
Delivery to ISBN
Get the information when and where you need it. Daily delivery of your documents to the SAP Business Network – ready for your finishing touch in your downstream systems.
Plans and pricing
All plans include:
- PO Box & Email Receiving
- Separation & Classification
- AI-enhanced OCR
- Data and Image Export
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Technical Information
Technical details
| Solution type | Extensions and Add-ons |
| Category | Procurement |
| Industry | Cross-Industry, Retail, Automotive, Utilities, Travel and Transportation |
| Works with |
|
Deployment and operations
The following information is provided by the publisher and applies to the latest app version available on the SAP Store. SAP does not control these policies and procedures; the publisher is solely responsible for the accuracy of the provided information.
| Deployment |
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| Operations |
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Security and compliance
The following information is provided by the publisher and applies to the latest app version available on the SAP Store. SAP does not control these policies and procedures; the publisher is solely responsible for the accuracy of the provided information.
| Security |
|
| Compliance |
|
| Privacy policy |
SAP's privacy policy is not applicable to the use of this app. Please refer to the privacy policy provided by this app's partner. |
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Resources
Symbeo Home Page
Customer Case Study
White Paper - 5 Ways AP Automation Can Optimize Change Management
Publisher
Symbeo, Inc
Symbeo helps businesses everywhere build efficiencies between payors and payees for corporate accounts payable (AP) business-to-business transactions with true AP automation. As an industry leader for over 25 years, we remove the manual invoice process burden by navigating emerging technologies, including Artificial Intelligence, Machine Learning, and intelligent OCR solutions, to optimize the P2P ecosystem from invoice receipt through payments. In harnessing the power of automation, we create a paperless environment that helps our customers achieve sustainability goals and focus on what matters most.
More solutions provided by {{publisher}} Symbeo, Inc
products
2001008590,2002000316
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