Invoice Capture

Mekorma Invoice Capture is an invoice automation software designed to streamline the data entry process and enhance accuracy in invoice management. According to the vendor, the software is targeted at small to large-sized companies and caters to the needs of accounts payable professionals, finance managers, CFOs, healthcare organizations, and manufacturing companies.

Key Features

Automated Data Capture: According to the vendor, Mekorma Invoice Capture utilizes AI technology to automatically capture and extract invoice data from emails. The extracted data is seamlessly transferred to the Dynamics GP ERP system.

Integration with Dynamics GP: Invoice Capture seamlessly integrates with Microsoft Dynamics GP, eliminating the need for a separate document management system. Users can access all the features of Invoice Capture directly within the Dynamics GP interface.

Dedicated Email Inbox: Users can set up a dedicated email inbox for receiving vendor invoices. Invoices received in this inbox trigger the automated data capture process.

Invoice Validation and Adjustment: After the data is captured and transferred to Dynamics GP, AP staff can review, adjust, and confirm invoice details according to the vendor. The system allows for validation and processing of invoices based on the organization's business rules.

End-to-End Automation Experience: According to the vendor, Invoice Capture can be used in conjunction with the Mekorma Payment Hub to achieve a true end-to-end automation experience. Users can generate payments using the Payment Hub or their preferred payment solution after processing the invoice.

Quicker Invoice-to-Pay Cycle: The vendor claims that by automating the data capture and entry process, Invoice Capture helps accelerate the invoice-to-pay cycle, resulting in faster processing and payment of vendor invoices.

Reduced Manual Workload: According to the vendor, automating invoice data entry reduces the manual workload for AP staff. This allows them to focus on reviewing and validating the captured data instead of manually entering invoice information.

Streamlined Approvals: Invoice Capture provides streamlined approval workflows within Dynamics GP, offering greater control and visibility over the approval process, as claimed by the vendor. This ensures compliance with company policies.

Audit Trail: According to the vendor, invoice approvals within Dynamics GP are logged, creating an audit trail of the approval process. This provides transparency and accountability for invoice processing.

Multi-Language Support: According to the vendor, the AI model used in Invoice Capture can recognize invoice content in multiple languages, allowing for accurate processing of invoices written in different languages.