Increased Data Accuracy

Get more accurate financial data, reduced audit risks, and achieve better financial compliance. With Kofax ReadSoft Online, you can have total confidence in the quality of your data. All data is extracted using Kofax world-leading cognitive capture technology. Purchase Order (PO) based invoice line items can be validated against purchase orders and goods received. User assistance is provided for GL coding for non-PO invoices.

Analytics for Insight and Visibility

Pre-built dashboards enable you to quickly achieve insight into invoice activity for monitoring invoice status and exceptions; providing continuous feedback for optimizing invoice processing.

Improved Cycle Times and Supplier Relationships

Faster rules-driven invoice processing for approvals and exception processing assures optimal cycle times and reduces late-payment penalties, so you can leverage value added opportunities such as early payment discounts and improved supplier relationships.

Reduced IT Requirements

Take the pain out of implementation. Set-up can be completed in hours and requires no hardware or software investments. There’s no time-consuming maintenance, upgrades or updates. You’ll always have access to the newest features and most up-to-date version of the solution. A dedicated cloud-services team monitors and optimizes your processing 24/7.

Flexible Pricing Options

Pricing is based on invoice and not page volume. Subscription options include monthly, annual or prepaid invoice volume for header/footer, line item and workflow processing, with options for adding invoice image storage.

Solution Providers: Expand Your Market Reach

Want to add invoice extraction and more to your solution? Kofax has a rich heritage of OEM partners taking advantage of Kofax ReadSoft Online as part of their solution. Our OEM team can help in integration and go-to-market planning to drive additional revenue growth.