Kofax ReadSoft Invoices Review

Product Snapshot

Product Pricing

Contact vendor directly for pricing information.

Technology

Product is available as a SaaS solution.

Customer Focus

Vendor works with midsize and large companies.

Select Customers

Aetna, American Express, BNP Paribas, Citi, Commerzbank

About ReadSoft Invoices

ReadSoft Invoices is business invoicing software equipped to capture and extract invoice data from paper invoices, XML invoices or e-invoices. The platform provides companies with an adaptable knowledge database built on self-learning algorithms built to learn where to find data on invoices without requiring master data or PO data to capture invoice data.

The software integrates with the users’ ERP and archiving solutions, automatically extracts, validates and transfers data into the user’s ERP system regardless of format, automatically validates sums and tax amounts. Additionally, the platform matches invoices to purchase orders, automatically sorts invoices based on type such as general expense, purchase order, invoice or credit note, and is built to recognize line-item data, even if lines are not equal lengths, equally spaced or come from a multi-page invoice.

About the Company

Kofax was founded in 1991 and is headquartered in Irvine, California.

ReadSoft Invoices Key Features

Certified integrations with SAP and Oracle E-Business Suite
Extracts, validates and transfers data from tiff, PDF, XML, fax and paper invoices
Multi-lingual support
Built-in support for regional variations including country-specific tax rates, date formats, currencies and character sets
Automatically posts invoices in the user’s finance application