![]() CaaS is one of those topics that needs to be investigated and it’s benefits leveraged as part of their practices and solutions. ISVs and Integrators today who want to be successful have to recognize that the Cloud has changed the paradigms of how Accounts payable processing will occur in a customer’s environment. ![]() More insight into these developments should be looked at before making this broad-based assumption and cost commentary. While it is true that systems that require a customer to continually “train” their OCR solution to recognize new and diverse incoming supplier invoice formations causes issues and cost, CaaS systems leveraging multi-tenant learning engines achieve initial capture rates that totally refute the point that was made. Together with ERP platforms that are increasing building AP functions necessary to deliver approval, matching, and other items necessary, I would advocate that the relevance of solid capture solutions have increased to the point where once again they play a solid role in the success of a companies’ Accounts Payable efforts.Īlso - a comment about the “error-prone” OCR comment. Paper has not gone away and e-invoicing is still a process underway - companies need immediate savings contributions and CaaS brings this forward. While it is true that traditional OCR costs have encouraged only those companies who had the CAPEX monies to invest, the advent of the Cloud and true Capture-as-a-Service (CaaS) integrated systems have drastically changed the market opportunity available to all who wish to use OCR as part of the AP process. I firmly disagree with the premise the guest writer has concerning OCR. ![]()
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