Read purchase entries from physical invoices, scanned copies or invoices received in electronic format.
Review and approve scanned data
Reconcile the invoices with PO/GRN
Enable approval flow before posting
Increased transparency and reduction in process cost up to 60%
About Vendor Post Box
“The purchase invoice passes through multiple stages during its lifecycle from verification with PO, recording of the entry, reconciliation with GRN, and ultimate payment of invoice. The technological intervention at each of these stages can not only increase the accuracy and efficiency but also reduce the cost associated with the process.”
How will it benefit you?
AI-enabled Intelligent Document Processing
Our purchase automation software extracts data from scanned invoices into machine-readable data to record purchases in business systems avoiding discrepancies in the process
Post only verified purchases
Reconcile the purchase invoices with PO and GRN before recording the purchases
The status is updated at every stage of the accounts payable workflow, increasing the transparency
Helps in automating payments
Take benefit of the discounts or enhance business relations with timely payments after approval of invoices and reclaim accurate VAT