Ancora Software – Invoice Processing Solutions

IMS Technology Group

Ancora Software / ancoraDocs

Experience Automated Invoice Processing With No Templates and No Setup

Ancora SoftwareancoraDocs is a simple, not over architected, advanced capture solution providing enterprise level functionality to both your SMB and enterprise customers. ancoraDocs is easy to install, and configure allowing you to get your customers into production in days, not weeks or months whether you’re deploying an AP Invoice automation or forms processing solution.

What Makes ancoraDocs Different?

  • Semi-structured forms, such as invoices and PO’s as well as structured and unstructured forms all in one solution.
  • A robust patented classification and categorization engine is available as part of the solution
  • Setup a new customer in hours, not days or weeks. A new customer can be processing invoices or forms the first day.
  • Simple installation and setup eliminates expensive professional services costs making it easy to cost justify an advanced capture solution for SMB and enterprise customers.
  • Available to deploy as a true multi-tenant cloud solution. All clients are 100% web based requiring a zero footprint install, all that is required is an internet connection and web browser.
  • Invoice processing provides automatic, self-learning for fast setup of previously unseen invoices to not only include summary data but line item detail too. All invoices are processed by the same verifier regardless if it is a new invoice or one that has previously been seen by the software.
  • Our configurable design tool allows you to process any semi-structured or unstructured form the same way we process invoices. Data field labels can be created and configured for data element extraction
  • Capture invoices or forms from any input device or location, scanner, multi-function device, network folder or email attachment as part of the base solution with support for 27 different languages.
  • Our open architecture allows for easy integration with ERP’s, ECM Solutions and other 3rd party applications via multiple built-in export options; CSV, XML and ODBC/JDBC.
  • One-Click OCR data extraction functionality allows for simply clicking on a field to OCR versus drawing a box around the field.
  • A VERY simple pricing and licensing model, all licenses include unlimited verify users and unlimited scan/import/export workstations. Our AP Invoice pricing includes two pages per invoice.

The ancoraDocs Difference

ancora docsNo Templates

Our Deep Learning algorithms are programmed to semantically understand invoices and extract a high degree summary and line item data without any initial training. Furthermore, our algorithms learn from the user to drive invoice automa on rates over 95%

No Setup

ancoraDocs is Preloaded to capture Invoice Summary and Line Item Data and coupled with our machine learning techniques means implementations are measured in just a few days, not weeks, or months. Focus on your business on not lengthy implementations

It Really Works!

Say goodbye to the empty promises of other data capture solutions. ancoraDocs works out of box and is designed to learn directly from the data entry operator. No expensive Professional Services and plenty of happy end users. That’s the ancoraDocs Difference.

Reduce Costs

AncoraDocs Invoices has been proven to eliminate costs within your AP department. On average our customers save $12 per invoice in processing costs purely from reduced touch points, elimina on of data entry, reduction in data errors.

ERP and Workflow Integrations

With native for many of the leading ERP, Workflow, and Document Management Systems. ancoraDocs is easy to implement within your organization. Eliminating the time & need for custom integration and development.

Web Based in Cloud or On-Premise

ancoraDocs offers a fully web based user experience. Access ancoraDocs from anywhere with any modern web browser. ancoraDocs can also be deployed on-Premise or in the Cloud.