Griffith Laboratories expects to reduce the processing cost of their invoices by 50% thanks to IRISCapture Pro for Invoices
In order to be able to respond to the requirements of a constantly faster moving economical world and meet their suppliers’ payment terms, Griffith Laboratories, a food industry leader, has trusted I.R.I.S. and its powerful solution “IRISCapture™ Pro for Invoices” for the modernisation of its finance department. Griffith Laboratories now expects to reduce the processing cost for these invoices by 50%! |
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Before choosing IRISCapture™ Pro for Invoices, Griffith Laboratories, used to process manually the 25,000 invoices they received each year from their British and Belgian offices. This unefficient process led to many problems, such as:
- The loss of a lot of paper invoices
- An important loss of time
- Delays in the validation of the invoices
- Delays in the payment of the invoices
- Too many employees doing a low value-added routine work
- All the invoices stored in a room and uneasy to retrieve
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IRISCapture Pro for Invoices was the most appropriate solution to meet the demands of Griffith Laboratories and showed immediate advantages:
- A fast and automatic process with the indexation of the invoices under an electronic format
- The automatic Recognition and Data Extraction of the information of the invoices
- The possibility to search and retrieve very quickly and easily any invoice archived in electronic format
- The possibility for the Account Payable Managers to validate the invoices from any workstation connected to the company network
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Considering Griffith Laboratories actual needs and new requirements, IRISCapture™ Pro for Invoices showed great results:
- A 50% cost savings in the processing of the invoices
- It is a fast and reliable approval tool inside a European organisation
- It allows the company to archive electronically all invoices and make them available to the users at any time
- Paper invoices for approval can no longer get lost
- The time spent on routine work is dramatically reduced and therefore enables people to focus on more intelligent and value added projects
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More info about this success
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To discover all the advantages of IRIScapture Pro 7.5 for Invoices, please visit the IRISInvoice website
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I.R.I.S. has invested for 20 years in the Optical Character Recognition as well as Intelligent Document recognition technologies. IRIS offers Professional Products, Professional Solutions, Toolkits that require specialized resellers. OCR, ICR, OMR, Barcode, Forms recognition, Automatic Document Identifcation, Invoice Recognition, Freeform, Check recognition, Software Development Kit, Capture, Scanning and Dematerialization are technologies that I.R.I.S. proposes through an important channel of professional products resellers. I.R.I.S. is organizing regularly a VAR Training Session to present all its solutions.
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IRISPdf 5 is an advanced production OCR solution that allows to convert volumes of scanned documents into electronic data and to supply any document management system with the appropriate file formats. IRISPdf exists in different versions such as IRISPdf Server, IRISPdf for Kodak Capture Software, IRISPdf Server for Kodak Capture Software, IRISPdf for Kofax Ascent Capture and IRISPdf Developer Edition.
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Readiris Pro 11 Corporate Edition is the perfect solution for professional users and businesses to quickly convert volumes of paper documents into Word, Excel, PDF as well as many popular output formats. The powerful OCR engine, coming with more than 120 different language dictionaries (a totally unique feature), will convert your documents up to 500% faster than any other OCR software. Also compatible with high-speed scanners! Simply scan, convert, archive or share your documents in seconds!
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IRISCapture for Invoices is a powerful invoice processing and recognition application. All key information of your invoices are automatically detected, the data are extracted, checked and ready for import in your Accounting, ERP or Workflow package.
Supporting any invoice format thanks to its free form technology and easy to setup, you won't be able to work without it once you've tried it.
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03-05 October 2006
CNIT, Paris La Défense, France. Booth E6
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