Name: Scan One
Author: Symbeo

Digital Adoption

Help Desk

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Customer Support

Bug  Tracking

Software Repositories

Development

Online Proctoring Software

Education

Audit

Business Intelligence (BI)

Collaboration

Enterprise Generative AI

Visual Collaboration

Enterprise

Accounting

Revenue Management

Finance and Accounting

Applicant Tracking

Corporate Learning Management

HR Management

Payroll

Recruitment Automation

Succession Planning

Talent Intelligence

Talent Management

Workforce Analytics

Workforce Management

Human Resources

3D Printers

AIOps

C/C++ Integrated Development Environments

Cloud Storage

Cybersecurity Consulting

Data Center Infrastructure Management

Data Quality

Data Virtualization

Desktop Management

Distributed Denial of Service (DDoS) Protection

Fraud Detection

Hadoop-Related

Hosted Virtual Desktop

Integration Platform as a Service (iPaaS)

MLOps

Managed Public Cloud Infrastructure

Mobile Data Security

Monolithic Frame-based Disk Arrays

Network Performance Monitoring

Process Mining

Relational Databases

Security Awareness Training

Web Access Management

Information Technology

A/B Testing

Ad Serving & Retargeting

All-in-One Marketing

Appointment Scheduling

Consumer Ratings & Reviews

Content Management

Email Marketing

Event Registration

Landing Page

Marketing Automation

Social Media Management

Survey & Forms Building

Web Analytics

Marketing

AI Meeting Assistants

Project Management

Professional Services

Customer Relationship Management (CRM)

Lead Generation Services

Sales

Antivirus

User and Entity Behavior Analytics (UEBA)

Security

Construction Accounting

Hotel Management

Library Management

Mental Health

Multiple Listing Service (MLS)

Pharmacy

Scholarship Management

Telemedicine

Utilities

Vertical-Specific

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Scan One is an automated accounts payable solution offered by Symbeo that aims to streamline invoice processing and payment workflows. According to the vendor, this tool is suitable for businesses of all sizes, ranging from small enterprises to large corporations. It is designed to provide efficiency and accuracy to finance and accounting departments, procurement teams, accounts payable professionals, CFOs, financial executives, and business owners across various industries.

## Key Features

**Automated Invoice Processing**: According to the vendor, Scan One automates the invoice processing workflow, reducing the need for manual data entry and improving efficiency. It utilizes AI-enhanced OCR and machine learning to extract data from invoices accurately and quickly. The solution eliminates the need for paper invoices and enables digital processing, potentially saving time and reducing costs.

**Data Capture and Extraction**: The vendor claims that Scan One's advanced technology captures and extracts data from invoices, including invoice numbers, dates, amounts, and line item details. It is designed to ensure high accuracy in data extraction, minimizing errors and improving data quality. The solution is said to be capable of handling various invoice formats, including scanned paper invoices and electronic invoices.

**Invoice Validation and Verification**: According to the vendor, Scan One validates and verifies invoice data against predefined rules and matches it with corresponding purchase orders, contracts, and other relevant documents. It aims to identify discrepancies and exceptions, reducing the risk of errors and ensuring accurate invoice processing. The solution provides real-time notifications and alerts for invoice discrepancies, enabling timely resolution and potentially preventing payment delays.

**Approval Workflow Automation**: The vendor states that Scan One streamlines the approval workflow by automating the routing and approval of invoices. It allows for configurable approval rules and workflows based on the company's specific requirements. The solution provides a centralized and secure platform for managing approvals, ensuring transparency and accountability.

**Integration with ERP Systems**: According to the vendor, Scan One seamlessly integrates with various ERP systems and P2P platforms, enabling smooth data exchange and synchronization. It eliminates the need for manual data entry into ERP systems, potentially reducing errors and saving time. The solution aims to ensure data consistency and accuracy across systems, improving overall financial processes.

**Supplier Portal**: Scan One offers a supplier portal that, according to the vendor, provides visibility to suppliers on invoice status and facilitates communication with the accounts payable department. Suppliers can access payment information, submit invoices electronically, and track the progress of their invoices. The portal is designed to improve collaboration between suppliers and the company, enhancing the overall supplier relationship.

**Payment Automation**: The vendor claims that Scan One offers simple and secure electronic payment options, reducing the manual effort and time required for payment processing. It supports various payment methods, including check, ACH, and virtual card payments. The solution aims to help optimize payments, improve cash flow management, and reduce the risk of payment errors.

**Reporting and Analytics**: According to the vendor, Scan One provides robust reporting and analytics capabilities, offering insights into invoice processing performance, payment trends, and vendor spend. It generates customizable reports and dashboards, allowing users to track key metrics and make data-driven decisions. The solution aims to help identify process bottlenecks, optimize workflows, and improve overall accounts payable efficiency.

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AccountEdge is a small business accounting software for Mac and Windows users. AccountEdge allows business owners to organize, process, and report on their financial information. Its features include accounting, integrated payroll, sales and purchases, contact management, inventory, and time billing. It was acquired by Priority Software in January 2018 to expand that company's small business portfolio.

AccountEdge Pro

AccountEdge Network Edition

AccountEdge Hosted

Priority AccountEdge

Scan One

Accounts Payable

Symbeo

Features found in accounts payable software products

Automated Accounts Payable Processes

Accounts payable processes are automated based on pre-determined workflows.

Vendor Management

Holds information related to vendor terms and contracts.

Tax Form Preparation

Allows users to create and share tax forms within the platform.

Payment Management

Features that allow for the management of payments across various forms of finance/accounting software.

Customizable Approval Policies

Policies for different types of approvals can be customized, sent to multiple approvers, automatically approved, etc.

Financial Document Management

Invoices, expense reports, and associated documents are stored within the platform for any future needs.

Payment Status Tracking

Tracks what stage payments are at in the process, from approval to receipt.

Payment Audit Trail

Allows admin users visibility into the entire payment process, from receiving the expense claim or invoice to the payee receiving payment.

Duplicate Bill Detection

Detects duplicate invoices or expense reports to prevent double payments.

Advanced OCR

Automatically imports information from invoices, receipts, expense reports, and other 
scanned documents into the platform.

Electronic Funds Transfer

Funds can be transferred via EFT as opposed to paper checks.

PCI Compliant Security Measures

Banking and finance information is protected according to Privacy Shield and GDPR standards.

TrustRadius is a technology and business research firm based in Austin, Texas. The company is known as a review platform for verified B2B technology and software reviews through a proprietary algorithm and human verification.

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Scan One

Overview

What is Scan One?