Billing Automation
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Save thousands of hours invested in invoice processing every month by adopting the completely touchless process of AP Invoices to the various permutations of possible entries into the ERP.
Bill Payments Automation is designed to automate hundreds of steps involved in bill payments, right from the classification of bills to paying bills accurately.
Organizations can save thousands of hours from manual billing management
and reduce unnecessary expenditures on unwanted fines or inaccuracies. Reduce workload from Accounts Payable teams by automating AP processes and mass payments
while managing multiple currencies, global payouts, and multi-entity payments seamlessly.
Collecting Invoices from different sources with different timelines can be a daunting task. Bill Payments Automation automatically detects invoices from sources like Emails and Portals to automatically make an entry in your AP data.
An invoice has multiple elements like Invoicer Name, Invoice Amount, Bill Date, and Payment Due Date. The Platform automatically scans the invoice from multiple formats of documents like PDFs, Images and Documents Sheets to capture these elements using the world-class OCR technology.
While the Invoicee receives timely invoices on emails, they must perform multiple processes of invoice allocation, categorization, distribution across departments with accurate General Ledger Codes (GL Codes). Bill Payments Automation solution performs these tasks without a glitch and takes away the hassles of any manual invoice treatment process.
When capturing the invoice details can be a mountainous task itself, manual data aggregation for analyzing your AP processes adds to that stress. Bill Payments Automation captures data with 100% accuracy and delivers it to your Business Intelligence (BI) reports seamlessly, making you focus on accurate analysis, rather than AP processes.
Login to utility websites, storage folders and download bills.
Downloaded PDFs are classified basis classification rules
PDF is read and basis classification rules, entry is made into specific applications, ERPs, CRM and so on.
Immediately after data entry completion mail is sent to concerned Admin with the notification of completion of entry.
Vouchers are created and are visible in EBS / EDP and BI for analytics. usiness
Get accurate insights about your billing processes to track spend patterns and take critical financial decisions.
100% Accuracy
World-class Optical Character Recognition (OCR) Technology
Multilingual Translation Capabilities
Multiple Document Format Access
Global Payments
Multi-Entity Management
Multi-Platform Familiarity
Integrations with Multiple Applications (ERPs and BI)
Fully Automated Process
Data Semantics is one of the industry leaders in providing Automation and Business Intelligence services for the past 7 years. They are official partners with UI Path, Automation Anywhere and Blue Prism to deliver automation services to global enterprises all across the globe.
