If you have suppliers who haven’t made the full switch to e-invoicing, but have at least migrated from paper to emailed PDFs, you’re likely still stuck with a few problems as added manual work, lack of data accuracy, and lengthy processing cycles.
But it doesn’t have to be that way.
SmartPDF uses an intelligent algorithm to determine the layout of the invoice – it it does not matter if they are machine-readable or image PDFs. These invoices are then sent through SmartPDF, where with our state-of-the-art artificial intelligence (AI) technology or templates convert them into real e-invoices, without data errors or delays. With our easy self-validation tool your team can easily handle exceptions and train the AI to extract data automatically.
SmartPDF is constantly learning. The more transactions that you receive, the more it continuously improves its data-recognition abilities. And to keep the “smart” in SmartPDF, Basware continuously invests in state-of-the- art AI research and development.
Large and small, far and wide, long-tail or not. SmartPDF gives all your suppliers the ability to send PDF invoices without changing anything on their side. No registration needed, easy on-boarding.
Images and/or PDFs? We’ve got you covered. All PDF invoices are automatically converted to true e-invoices.
Fast and accurate data extraction from PDF invoices ensures high quality data enters your AP system. A win-win.
Whenever exceptions happen, you can easily correct them with the self-validation tool and train the AI to recognize it automatically the next time.
SmartPDF can capture both header and line-level data from the invoice content. This optional feature gives additional, more detailed info for even further automation.
Globally operating organizations with a desire to harmonize all invoice processes across all locations
More than 50.000 invoice transactions per year, across multiple formats (for less invoices, see P2P for Mid-Market solutions)
Finance Shared Service Centers with a need for speed
Multi-ERP environments by integrating with any ERP
92%
of PDF invoices processed automatically
32
supported languages
+97%
invoice accuracy with SmartPDF AI
All you have to do is invite your suppliers to use the SmartPDF service. They send all invoices to one address per business unit or company, and SmartPDF handles the rest. No more costly, slow supplier on-boarding – and no registration from suppliers needed.
Stay ahead of the curve and reap the benefits with this best-in-class technology. SmartPDF leverages AI and machine learning to help you get rid of any need of touching your incoming invoices, so you can save money, time, gain accuracy efficiencies, and decrease your carbon footprint.
When you have access to high-quality data, your AP tool and processes continuously become more intelligent and better informed. Even if you’re using a different AP solution, you can use SmartPDF to pull data into your AP tool of choice.
Still using error-prone and costly OCR to interpret your PDF's? Having trouble with B's and 8's and O's and 0's? A lot of manual corrections still needed? OCR was built to digitize paper, SmartPDF is built to extract all needed data from PDF-invoices, no matter if it is machine-readable or not. It will process up to 92% of all your PDF-invoices without need for manual work from the day you start using it.
By completely eliminating paper, many errors are avoided, and invoice validation has become easy.
"...all invoices are now immediately available online, and no longer have to be manually retrieved from files."
Invoice Recognition is critically important and with Basware’s PDF [solution], there is the real opportunity to achieve 100% invoice recognition.
Cutting-edge technology powered by AI & ML that eliminates all manual processes
Global compliance capabilities and the ability to integrate with 250 ERPs across more than 190 countries
40 years of specialized experience implementing best practices and reducing risk across finance operations
Book a consultation call with our solutions experts to discuss the possibilities of SmartPDF.
