What is the minimum volume of invoices required to install an automated processing system?
IRISCapture for Invoices provides a good return on investment for annual volumes of at least a few thousand invoices. For SMEs, the volumes are typically between 1,000 and 10,000 invoices per year. In large companies, the volume of invoices processed annually can range from 25,000 to more than 1,000,000 invoices. For small organisations, a good ROI is possible thanks mainly to the simplicity of installation and the ease of integration with the existing ERP or accounting system. Savings in the time taken to encode invoices and the time taken to locate and view the image of the invoice result in a significant productivity gain.
