Optimize Invoice Processing with the Power of AI, Cloud and Semantic Data

Presented by

Stephen Boals, SVP, Business Development and Global Alliances, Ephesoft

About this talk

How long have accounting departments struggled with the time-consuming burden of processing large volumes of both physical and electronic invoices? The challenges that invoice processing often encompass can now be easily solved using modern, AI-based cloud technology for any size department and invoice volume. In this webinar, we share customer insights and debut Semantik Invoice, our first context driven productivity solution. This solution tackles manual data entry, the potential for errors, slow response time and tedious tasks, which can be deployed in minutes. Learn more about: -The importance of using new AI-enabled and semantic data technology to enhance productivity as well as being poised to take advantage of future innovations -Why the AP challenges you face are common and steps you can take to combat them -How legacy, template-based invoice applications can be replaced in hours with Semantik’s rapid machine learning -A cutting edge invoice solution that can cut costs by over 30%, significantly save time, achieve accuracy over 97% and generate team productivity by building context into your data

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Welcome to our channel! Ephesoft’s Intelligent Document Processing (IDP) platform and data enrichment solutions automate document-centric processes to maximize operational efficiency and human productivity for enterprises and the public sector. Using AI, patented machine learning and proprietary classification models, Ephesoft’s customizable and scalable platform turns any document type into structured, actionable data to accelerate business processes and data-driven decisions. The platform’s APIs and iPaaS connectors allow for fast integrations into other business systems for seamless end-to-end automation. Working with a vast partner ecosystem, Ephesoft has been deployed in the cloud and on-premises to customers around the globe saving costs, improving data accuracy and fueling their digital transformation journey towards hyperautomation. Ephesoft is headquartered in Irvine, Calif., with regional offices throughout the US, EMEA and Asia Pacific. For more information, visit ephesoft.com.