Slingshot Innovates with “Touchless” Invoice Matching
Touchless matching substantially reduces the invoice processing labor while improving accuracy. In many environments 70% of PO invoices can be processed automatically.
Invoices are scanned in or emailed to an “Unprocessed” folders. A background process selects the images for a document, interprets them (OCR) and performs a two-way (Invoice to PO) or three-way (Invoice to PO to Receipt) match. Discrepancies (price or terms) are automatically identified and forwarded to a responsible user for resolution. The images are attached to the electronic record in Slingshot and can be viewed wherever this record appears.
“Touchless Matching” is available in release G2-11.2 of Slingshot’s purchasing and accounts payable applications. For more information contact Slingshot sales representative at This email address is being protected from spambots. You need JavaScript enabled to view it..