Bill Processing Webinar Short

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Short webinar on what and why automated bill processing.

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Bill Processing Webinar Short

  1. 1. Save Money, Automated Paper Bill Processing Presented by: Chris Riley
  2. 2. What we will cover <ul><li>What is automated bill processing </li></ul><ul><li>What technologies are involved </li></ul><ul><li>How Does it save $ </li></ul><ul><li>Types </li></ul><ul><li>Demo </li></ul><ul><li>Questions and Contact Information </li></ul>
  3. 3. What is automated bill processing <ul><li>The scanning of incoming paper bills, extraction of information, and automated entry of the bills into a payables system. </li></ul>
  4. 4. What Technologies are Involved <ul><li>Document Scanners </li></ul><ul><li>OCR and ICR Engine </li></ul><ul><ul><li>Document Classification </li></ul></ul><ul><ul><li>Field Recognition </li></ul></ul><ul><ul><li>Business Rules </li></ul></ul><ul><ul><li>Export </li></ul></ul><ul><li>Backend System </li></ul>
  5. 5. How Does it save $ <ul><li>Remove hand key entry of invoices </li></ul><ul><ul><li>If you have two or more data entry clerks there is an ROI </li></ul></ul><ul><li>Take advantage of invoice discounts </li></ul><ul><ul><li>Automatic Prioritization of invoices with discount terms </li></ul></ul><ul><li>Reduce the number of steps in payables workflow </li></ul><ul><li>Reducing the late fee and penalties </li></ul>
  6. 6. Types <ul><li>Several types of bill processing </li></ul><ul><ul><li>Commercial Invoices </li></ul></ul><ul><ul><li>Telecommunication Bills </li></ul></ul><ul><ul><li>Utility Bills </li></ul></ul><ul><ul><li>Legal Bills </li></ul></ul><ul><ul><li>And more ….. </li></ul></ul>
  7. 7. Demonstration
  8. 8. Questions and Contact Information <ul><li>Chris Riley </li></ul><ul><li>925- 640-6361 </li></ul><ul><li>[email_address] </li></ul>

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