Digitization
• Paper invoices are digitized using a professional document scanner and Kofax’s Ascent Capture software
• Electronic format invoices can also be imported

Image Correction
• Kofax’s award-winning VirtualReScan (VRS) technology automatically improves the quality of scanned images
• Even poor quality originals are transformed into legible images,optimized for data extraction

Data Recognition and Extraction
• Ascent for Invoices analyzes incoming invoices using powerful character recognition technology (OCR/ICR) and revolutionary learn-by-example document analysis technology.
• Regardless of invoice layout, the required information is extracted, e.g. Invoice Number,
Invoice Date, Supplier Name and Total Amount
Advanced Options include:
1) Invoice Line Item Extraction - with purchase order or warehouse records
2) Database Lookups - a highly accurate method of capturing and verifying needed data with minimal OCR

Validation
• Validation interface allows data to be checked by an operator or through database lookups, or a configurable combination of both.
• Poorly recognized invoices can be used to retrain the learn-by-example technology to improve the accuracy of the system over time – a simple and straightforward process.

Release
• Validated data and images are exported to any ERP, accounting, workflow or document
management solution using Kofax Ascent Capture release scripts
• For ease of use, standard release interfaces are available for dozens of industry leading solutions

Secure Storage
Released documents are simultaneously archived in accordance with corporate and legal retention policies.