What is an Invoice Capture Software?

Invoice capture software is a digital solution that automates the process of capturing, extracting, and processing data from invoices. By utilizing technologies like Optical Character Recognition (OCR), the software streamlines financial management, reducing manual data entry and associated errors. It improves efficiency, organization, and accuracy in accounts payable workflows, ultimately saving time and resources, enhancing supplier relationships, and facilitating better compliance with industry regulations and data privacy standards.