The more efficiently business owners and accountants can work together, the better it is for everybody’s business. So what’s the secret? Well, automating data entry makes a pretty good start, allowing you to focus on the bigger fish you have to fry. Take Scan & Recognize, for example, which already makes it effortless to process entries.
So how does Scan & Recognize actually work?
Scan & Recognize automatically prepares all invoices and receipts for entry into your accounts. Just use your mobile device to take a picture. Let the ultra-smart document imaging and recognition software (called OCR if you’re into that kind of thing) work it’s magic. And bingo. Manually adding invoices is a thing of the past.
Near 100% accuracy minimizes manual input
Near-100% recognition means virtually all data is uploaded accurately, keeping manual input to a minimum. All you have to do is approve the entries in a click. Even so, continuous monitoring alerts you whenever a potential error is detected.
Now we’ve gone and made it even better
If all that isn’t quite clever enough, an innovative new traffic light system saves even more time by displaying the status of entries at a glance. A green light shows it’s ready to be processed. Yellow tells you it might need double checking. And red means your input is required. Which means you can focus on the elements that really do need your attention, such as invoices incorporating different tax rates, new creditors etc.