Category: Knowledge

Cost of Invoice Data Extraction

Cost of Invoice Data Extraction On a daily basis, business executives must keep up with changes in the business dynamics of how businesses operate. In doing so, they devote a significant amount of time to considering the adoption of cutting-edge technologies. Regardless of how much executives swear by their instincts and gut feelings, the reality…

March 20, 2023
Optimize the efficiency of ECM: Data management

Comparing the best ECM Cloud solution Some of the most known ECM Cloud solutions are: – SAP Document Center – Microsoft SharePoint – Oracle WebCenter Content – Box – M-Files – Google Drive Cloud-based ECM Cloud-based Enterprise content management (ECM) has grown in popularity among companies for a number of reasons. The first important factor…

February 20, 2023
Comparing the best ECM Cloud solution

Comparing the best ECM Cloud solution Some of the most known ECM Cloud solutions are: – SAP Document Center – Microsoft SharePoint – Oracle WebCenter Content – Box – M-Files – Google Drive Cloud-based ECM Cloud-based Enterprise content management (ECM) has grown in popularity among companies for a number of reasons. The first important factor…

February 10, 2023
How AI & ML can unlock fullest potential of ECM?

Using AI to Its fullest potential in ECM: How ML and AI is transforming content management for the better How do AI and machine learning apply to ECM? The ways in which corporations manage their material are quickly changing thanks to artificial intelligence (AI) and machine learning (ML). The terms artificial intelligence (AI) and machine…

February 8, 2023
What is the role of monitoring tools in SAP?

What is the role of monitoring tools in SAP? Purpose of monitoring tools The purpose of SAP monitoring tools is to provide real-time visibility into the operation of SAP systems as well as to identify and fix any potential performance problems. The stability and availability of SAP systems, which are essential to the operations of…

February 7, 2023
Remote work and why should you support it?

Remote work Is evolving business for the better, making it more Sustainable “The Importance of Incorporating Sustainability into Business: A Pathway to Resilience and Success” As the world becomes more aware of the impact of business activities on the environment, companies are being asked to adopt sustainable practises. However, integrating sustainability into a business model…

February 3, 2023
PDF Invoices vs Electronic Invoices

PDF VS E-INVOICE In the world of vendor invoice management, the choice between an electronic invoice and a PDF invoice can have a significant impact on efficiency, accuracy and cost. Both types of invoices have their advantages and disadvantages, and the right choice depends on the needs of the business and its Vendor Invoice Management…

February 1, 2023
PDF Types and PDF data extraction

PDF Types and PDF data extraction What is PDF? PDF stands for Portable Document Format. It was introduced by Adobe in 1992, and since 2008 it’s ISO standardized. A PDF file is a container that can contain text and images. It can also contain additional objects such as curves, annotations and forms, but we can…

October 22, 2022
Are emailed PDF invoices legal in the EU?

Still wondering if emailed PDF vendor invoices are legal in the EU? “For the uptake of unstructured e-invoice, the Directive is considered as having played a significant role in the Member States in which it affected the applicable legal framework. Obviously, this is not the case in countries where the e-invoicing legal framework was already…

August 20, 2022
Best practices for OCR

Optical Character Recognition – Best Practices Optical Character Recognition (OCR) technology is a hardware/software tool that takes a paper document, usually, an invoice, scans then “reads” it and turns it into metadata that can be used to populate fields in a database. “Although the scanning of paper-based invoices isn’t considered e-invoicing, it is the natural…

August 17, 2022