Analyzing purchasing transactions and trends across an insurance enterprise can be challenging, often leaving a carrier with an incomplete picture. Lexmark Invoice Processing for Insurance provides virtual real-time insight into the status of your liabilities for better decision making and cash flow management.
With our standard solution, you’ll immediately expand visibility into your accounts payable. It enables your accounting department to scan, route and key invoices from the point of receipt directly into your existing financial applications. Your processes will benefit from faster approvals—resulting in reduced processing time for key suppliers and service providers.
We also offer advanced, highly scalable solutions that accommodate numerous languages and compliance standards. These solutions enable greater efficiency and process transparency in shared services environments. By incorporating our intelligent capture technology powered by Brainware, these solutions automatically extract data from invoices and other sources to streamline matching, approval and payment processes—eliminating time-consuming data entry and reducing errors.
To learn more about Lexmark's solutions, contact us today.
How close are you to the paperless office? Use this innovative diagnostic tool that measures your progress toward accounting automation.
Optical character recognition (OCR) has evolved to the place where software can pluck key indicators out of just about any invoice, in just about any language.