170 Systems offers outsourced invoice capture service

Source: 170 Systems

170 Systems, a worldwide leader in automating finance processes, today announced that it now offers an outsourced invoice scanning and data capture service to complement the other invoice-capture technologies (e.g., scanning, fax, OCR, e-invoicing) their customers currently employ.

Operated by Scan One of Portland, OR, the service provides cost-effective, high-volume scanning of up to 300,000 images per day with a guaranteed service level agreement (SLA) of 24-hour turnaround and 99.5% data accuracy. Once the invoices have been scanned and entered, Scan One transmits the data into 170 MarkView, which begins the invoice review, approval and payment process.

"Because most organizations receive invoices in a variety of formats (paper, fax, and electronic), they are constantly reviewing the available technology solutions to find the mix of solutions that addresses their needs most accurately and economically," said Dave Ellenberger, 170 Systems' President and CEO. "This new service enables 170 MarkView customers to leverage another attractive invoice-capture strategy and totally eliminate paper invoice handling, while following the 170 MarkView best practice of managing all invoices with the same process, regardless of the original invoice format."

"Scan One is known for the high quality of service we deliver to our customers, and we look forward to bringing the many benefits of outsourced capture to 170 Systems customers who work with us," said Stan Brewer, President of Scan One. "Organizations need flexibility in invoice receipt, and our service delivers the capabilities at a cost-effective price point."

170 Systems' customers now have the option of completely outsourcing the receipt and capture of all invoices, so that they do not need to manage a mail room, PO Box, manual entry of AP data, or vendors. Invoice capture is an increasingly appealing option that can help with the transition to an "all electronic" or e-invoicing strategy, and Scan One's capture service is specifically designed to support AP workflows.

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