Slingshot Adds “Intelligent OCR” to Invoice Intake

Facilities are shortening the time required to record supplier invoices.  The accuracy of the OCR process varies widely.  Each supplier has its own terminology and document layout making the process especially challenging.

Slingshot’s Intelligent OCR process “learns” the supplier’s layout improving accuracy as invoices are processed.  If the layout changes, “Intelligent OCR” automatically detects the change and adjusts its rules for the supplier.

Slingshot has added “Intelligent OCR” to its invoice capture and matching facilities.  These facilities are available in release G2-12 of Slingshot’s purchasing and accounts payable applications scheduled for release this summer.  For more information contact Slingshot sales representative at sales@slingshotsoftware.com.