What is NetSuite Bill Capture?
NetSuite invoice capture software capabilities, using NetSuite Bill Capture, lets you email or drag-and-drop vendor invoices directly into NetSuite. Invoices are scanned into NetSuite using AI/ML-based document object detection and optical character recognition (OCR). Bill record fields are automatically populated with the appropriate details, applying intelligent data recognition and learnings from previous vendor invoices to improve accuracy. Bills are automatically matched with associated purchase orders and receiving documents to ensure details are accurate.
NetSuite Bill Capture helps us ensure the accuracy of our invoice management process by eliminating manual data entry and automating routine tasks like matching invoices with POs.
NetSuite Bill Capture Benefits
NetSuite Bill Capture Features
Have your vendors email invoices directly to NetSuite, or employees can email or drag-and-drop invoices into NetSuite. NetSuite uses AI/ML-based document object detection and optical character recognition (OCR) to process invoices, eliminating tedious manual data entry. Vendor name, PO number, items ordered, quantity, and pricing are automatically extracted and populate the bill record. Applying learnings from previous bill entries improves accuracy. A split-screen, side-by-side view of the invoice and the vendor bill makes it easy for AP staff to review.
Automatic two- or three-way matching of invoices with associated purchase orders and receiving documents ensures details such as unit pricing, quantity, and totals are accurate.
Using SuiteApprovals along with NetSuite Bill Capture allows you to route bills to the appropriate person for review and approval. Workflows can be tailored to fit a company's specific requirements, reporting structure, and approval hierarchy. Automated reminders and a mobile-optimized app save time and money by eliminating the need for AP staff to chase down approvers.
Challenges NetSuite Bill Capture Solves
Access specifications, features and benefits of NetSuite Bill Capture.
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