Intelligent Data Extraction
Have you ever considered the length of time it takes your staff to manually key in invoice information?
Kefron AP offers intelligent data extraction and capture automation that eliminates the manual keying of information from the process and significantly decreases errors associated with human touch points.
What's unique about our Data Capture?
Discover how innovative data extraction works
Dynamic Data Capture
- 01
- 02
- 03
- 04
Fast Access to Your Invoices
Kefron AP uses Intelligent technology to convert images into digital text. All invoices are text-searchable enabling easy online storage, search and retrieval based on structured and unstructured index criteria.
E-Tags & Intellitags
Our Machine Learning method of extraction, coupled with 3-step e-tag verification, ensures accurate and efficient AP payments.
Non-template Extraction Methods
Kefron's in-house data extraction team manages your exceptions and frees up your team's time to focus on more value-added tasks.
Flexible Extraction Rules
Kefron AP system fully adapts to your business requirements. A flexible and configurable business rules capability alows to customise workflows based on your current processes.
Dynamic Data Capture
- Smarter
- Faster
- Exceptionally Accurate
- Flexible Extraction Rules
- Duplicate Checking
- Accurate Data Exchange
Our technology combines the knowledge of millions of captured historical invoice data with continuous learning of how your business processes invoices. This results in a reduction in exceptions and fast end-to-end invoice processing capabilities.
Fewer exceptions mean faster invoice approval times. While exceptions cannot be eradicated entirely, Kefron AP is unique in offering an inhouse
data engineering specialist team that will assist with reducing exceptions.
With access to millions of previously scanned invoices, our technology model is continuously improving its ability to extract data without manual intervention.
Kefron AP extracts any key information from your invoices, including multiple data fields such as reference numbers, site location references and similar information.
Our Kefron AP Solution will alert you to any duplicate invoices that you may receive, ensuring your AP team wastes no time in processing the same invoice. The system automatically filters duplicates from your work queue so you don’t have to.
Kefron AP has the ability to sync with any accounting software by simply exchanging information directly with your systems and eliminates the need to rekey information. Our system mirrors all the figured codes such as Suppliers, GLs, etc. in your finance system to ensure consistency in your transactions.
Want to learn more?
Talk to an AP Specialist
- Calculate the true cost of your current AP process
- Identify bottlenecks
- Assess if your AP process is suitable for automation
- Calculate the real business case for AP Automation
Related articles
How Much Does AP Automation Really Cost?
In the ever-evolving landscape of modern business, leveraging technology to maximise efficiency is no longer a luxury, but a strategic necessity. At the forefront of this transformation lies AP (Accounts Payable) automation, a solution designed to re...
Top 5 Apps for Finance Teams in 2023
The world of finance is ever-evolving, and with the rise of technology, the way finance teams work is rapidly changing. As such, finance teams need to stay up-to-date with the latest technology to ensure they are maximising their productivity and eff...
How a council reaches 66% touch-free invoice processing
Lambeth Council’s finance team was dealing with extremely labour-intensive invoice processing. Invoices were continually going missing and errors related to human touch-points kept arising, which caused a high volume of invoice queries. The dec...
Why AP Automation should be your Next Hire
Dealing with accounts payable is an involved and demanding process for any team. When issues appear, like errors or burnout, many companies try to fix it by hiring more staff. At present, there are 6,000 AP related positions open on indeed.com. Befor...
What is AP Automation?
AP (Accounts Payable) Automation refers to the use of technology to streamline and automate the process of paying bills and invoices. This can include tasks such as scanning and digitizing paper invoices, routing invoices for approval, and integratin...
How a roadside retailer reimagined its multisite invoice challenge
Applegreen experienced exponential growth across Ireland, UK and US. The Accounts Payable (AP) process team struggled to keep up with new sites, complex or complete lack of invoice coding and the increased volumes of invoices.
Struggling with SORP compliance? Easily Access the Data you Need with Invoice Automation
We all agree that accounting and managing finances can be a headache. It’s the beating heart of any business but can lead to time and effort being wasted at no fault of the team involved. This is especially true for charities. Charities are subject...
How Finance Dashboards are Driving Change in 2023
Some of you may have clicked into this blogpost wondering what a financial dashboard is, or maybe you are intimately familiar with them. Either way, you want to know is this something that can benefit your business and the bottom line? So, what are f...
Real-time Invoice Performance Monitoring
How do you measure the success of your AP team? Introducing Kefron AP Dashboard, a proactive, real-time invoice data solution for better decision making. Kefron AP builds on its Dynamic Data Capture Technology by opening a wealth of invoice data so y...
Is the Concept of a 4 Day Work Week New?
Reducing the hours of the traditional work week is an idea that has been around for some time. In fact, as early as 1930, renowned British economist John Maynard Keynes estimated that within a couple of generations a 15 hour work week would be achiev...