Get your invoices in a clean, usable electronic format
Capturing specific data fields from invoices is time consuming and tedious. It’s a process requiring excessive staff hours that’s better spent elsewhere. ILM’s outsourced invoice capture service ensures the inflow of invoices from email and mail are effortlessly digitized with pertinent invoice data. Ready to be uploaded to your accounting system for processing.
Reduce invoice capture costs by more than 80%
9× increase in invoice capture speed
Reduce fraud with PO Matching
AI Powered AP Outsourced Invoice Capture
Before an invoice can be approved or payment issued to the vendor, it has to be digitized and formatted so your ERP or accounting software can work. Outsourcing the labor intensive process of digitizing, extracting vendor and line item data reduces labor costs and cycle times. Thereby increasing your cashflow and vendor retention. Purchase Order (PO) matching and General Ledger (GL) coding reduces friction while increasing quality.
Automated workflows streamline the flow of invoices from capture through the approval process. No lost invoices or missed deadlines.
Do you struggle with:
- Staffing AP clerks?
- Dealing with peaks and valleys in volume?
- High cost and slow processing times of getting your vendor invoices paid on time?
- Mistakes and typos due to human errors?
Accounts Payable Outsource Services
AP Invoice Capture
Invoices are funnelled into our workflow where our advanced OCR (Optical Character Recognition) with unmatched AI (Artificial Intelligence) achieves near perfect capture of:
- Vendor details
- Payment terms
- Line item details including quantity and amounts
PO Matching & GL Coding
Reduce fraud and errors by matching invoices to your PO.
Automated GL coding associates the line items of the invoice to your chart of accounts. Ensuring that the expenses are being properly and consistently.
We get it – Trust and Experience Matters
From start to finish ILM has been impressive. Your staff is knowledgeable, friendly, accessible, attentive and professional. Your customer service is superb and the quality of work is excellent. We cannot thank you enough.
Awesome organization that was able to meet our needs and exceed our expectations.
We turned over a huge data entry/organization project to ILM not knowing quite what to expect. ILM did not disappoint. The project was completed in a timely fashion and we could not have worked with a more courteous and capable staff. We highly recommend ILM for any of your data conversion and organization projects!
(We’ve) worked with ILM for several years when needing projects keyed. From start to finish, ILM has been very impressive with the way they turn jobs around.
From the first phone call to the final conversation, the customer service was excellent! These professionals are friendly, knowledgeable, and timely. The camaraderie amongst the employees is commendable, and the positivity comes through in their work. We were really impressed with the entire experience, especially due to working with sensitive material. Well done, ILM!
Great customer service! Our experience with ILM has been wonderful! Anything we ever needed has been handled to our satisfaction.
Their accuracy, timeliness, and price cannot be beat. If there is a concern, ILM addresses it immediately and is very easy to work with.
Excellent service from a valued partner. ILM does “their thing” methodically, professionally, and behind the scenes so we can do “our thing.” One of my favorite vendors, you all are great!
ILM is a great organization. After the first phone call, they are off and running. The timeliness and quality of the product is exceptional. I have them on speed dial.
Our Process
Performing data capture for over 46 years, extracting invoice data comes naturally to us. Our process ensures that there is redundancy built into the system so we are checking and cross checking that the information captured is accurate.
Additional Resources
What Is Accounts Payable Outsourcing?
How Much Does Accounts Payable Outsourcing Cost?
