Stop wasting time on manual receipt, validation, approval and processing of invoices. With Canon’s automated invoice processing solution you can win back up to 50% of your time.
Invoices are processed quickly and efficiently – from document scanning right through to archiving. Smart Accounts Payable reporting options put you in control while all errors are flagged for attention. Invoices can be linked to purchase orders or delivery notes automatically before being sent for mobile authorisation. All of which gives you the time to focus on your core business.
75% of Finance departments input invoice line items manually into the ERP system - RS Consulting / Canon Europe
2/3 of suppliers’ invoices take 10 days or more to be processed - RS Consulting / Canon Europe
Reduce your costs
Canon Invoice Processing can cut invoice processing times, reduce late payment penalties and avoid costly invoice disputes. With easier access to payment information you can check early payment discounts are being applied and transform your Accounts Payable department into a profit centre.
Take greater control
Whether you need to empower faster, more accurate processing or simply quicker, clearer reporting, now you can gain complete control over your cash flow. Our solution allows you to get the information you need swiftly and more accurately than ever before with the benefit of smart reporting tools.
Work faster and smarter
Canon Invoice Processing automation dramatically reduces the time it takes to enter data manually and will immediately improve input accuracy. By facilitating mobile payment approvals and providing instant invoice status visibility, you can focus on revenue generation and customer service.
Meet compliance standards
Integrating our solution into your existing retention and compliance policies is simple. Approval steps and document ownership are easy to identify, while the retrieval of digital invoices for auditing is quick and straightforward.
We now have a firm grip on our accounts payable system and are processing the invoices 40% quicker than before. With the addition of the money saved from the reduced penalty fines, the Canon solution has resulted in a 30% cost saving overall.
Van Dillewijn Group, The Netherlands
Following years of expansion, leading Dutch flower packaging firm Van Dillewijn Group realised its manual invoicing system had become a costly bottleneck. With Canon’s Invoice Processing solution the Group has now regained control, reduced labour costs and cut out penalty fines from governing bodies that were threatening profitability and relationships with suppliers.
Paper Free Invoice Processing - Are we there yet?
As the non-profit association dedicated to nurturing, growing and supporting the information management community, AIIM is proud to provide this research at no charge.
According to AIIM, Accounts Payable is the top priority for digitising business processes. The demand to provide paperless communications is increasing, and incoming paper invoices are being replaced with an increase in digital invoice delivery. Find out why and how.
Canon is an Executive Leadership Council Member of the Association of Information and Image Management – AIIM.
The AIIM Executive Leadership Council brings together top thinkers, high performance practitioners and leaders in information management to discuss, define, and direct the future of information management.