Special Research Report: A Comprehensive Study of AP Professionals Considering Data Capture Solutions

In a 2012 survey of more than 300 AP professionals, more than half (52 percent) listed the handling of paper invoices as their number one invoice management challenge, followed closely by manual data entry and inefficient processes. No wonder, when you consider that the same survey found that they still receive almost two thirds of their invoices (64 percent) on paper.

With the benefits of front-end data capture clearly established, progressive companies are moving to convert static paper invoices into dynamic data to increase operational efficiency, add management control and visibility into spend, and comply with Sarbanes-Oxley reporting rules.

This report examines current demand for OCR/Data Capture solutions and should serve as a guide for AP decision-makers considering a data capture solution. It also includes an overview of several popular OCR/Data Capture solutions, and case studies, organized for easy comparison.

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