Upgrade to Compleo Hybrid and empower your A/P team to work smart with an automated invoice-processing solution from Symtrax! No need to disrupt your processes—enjoy the full benefits of invoice automation by leveraging your existing Symtrax investment. Eliminate manual entries and vendor invoice management delays by seamlessly integrating data into your ERP. Current Symtrax customers enjoy the full range of Compleo products while slashing time and money by automating their invoice processing.

With all the headaches of traditional invoice entry, there is much to gain from automatic invoice processing. And with all the business value we can add to your environment with Compleo Hybrid, you’ll want to schedule a demo in your environment. Let us fill you in.

Enhancing A/P security and traceability across B2B or B2G relationships lets you relax, knowing that your invoicing is accurate and secure. In addition, the usual pitfalls of manual invoicing, and even partially automated invoicing, can be avoided when you opt for fully automatic invoice processing with Compleo Hybrid.

Achieve global compliance in your e-invoicing protocols by taking advantage of Symtrax’s SaaS applications. In addition, we work hand-in-hand with government platforms such as ZATCA’s Fatoorah or Chorus Pro. Our user-friendly invoice management solution lets you spend more time and resources on vital A/P processes rather than tracking and uploading hundreds or thousands of invoices.

The need for automation

At Symtrax, we feel your pain.

The highly manual nature of traditional invoice processing leads to crippling bottlenecks in your A/P procedures. And the expense is unacceptable—according to Gartner, the cost of manually processing an invoice ranges from $5 to $31, and in the case of a larger document, as much as $62. This prohibitive cost should make you think twice before continuing down the road of manual invoice entry. Even partially automated systems cost more than fully automated ones.

If, like most companies, you work with many monthly invoices, there is much room for human error, and it’s time-consuming to monitor an inbox for incoming documents. A lack of transparency to real-time status updates makes finding and managing soft copies time-consuming and resource intensive. Uploading the invoices to the ERP represents another high-level bottleneck.

And the drive for new compliance regulations in the public and private sectors is a major quandary for businesses that deal with governments that require heightened visibility. You can tackle it independently, but it will be up to you to meet those stringent expectations.

Transferring your invoice processing offshore is not practical in the long run—managing and maintaining an IT environment, the difference in time zones, and maintenance fees negate the benefits.

And while many online tools may boast bargain basement prices, they can’t customize them. One or two months down the line, you may find yourself restructuring your whole business process to adapt to the software. It’s better to go for a customized PoC with an applicable demo in your environment before going live. You need to be sure the tool is adaptable to your business, not vice versa.

The solution: Compleo Hybrid!

Compleo Hybrid addresses all inbound invoice management requests.

Artificial Intelligence and Machine Learning identify PDF content. Consider it Optical Character Recognition (OCR) on steroids! Compleo Hybrid reads PDFs thanks to MS Azure Form Recognizer technology. The extracted data could have a data comprehension score as high as 99%. Retrieve the document automatically from the supplier side, or set it to monitor your email inbox. No more scouring your files for a soft copy. No more need for scanners or printers, either—whenever the supplier’s ERP generates an invoice, you can retrieve and upload to Compleo.

Sample and historical data will train the invoicing system to identify the invoice fields based on the supplier name and send the invoice back to Compleo Hybrid in a structured JSON format. Compleo then processes the extracted information and returns it to the customer’s ERP.

Integrate one or all Compleo Hybrid Solutions: your choice

Obtain management approval.

Compleo WebSign is an electronic signature workflow to request management users’ approval. Users may be internal or external to the company’s ERP. Also, the corresponding Purchase Order may be attached to the process to speed up decision making.

Review and update fields as required.

Compleo may prompt business users to review based on the AI and ML score and expected data format. Users can update this data through our easy-to-use Compleo FormReview web interface.

Data conversion and API communication

Compleo Supervisor, our RPA module, transforms inbound invoices into the appropriate format requested for ERP integration using API. Use a one-time template with the correct parameters and variables, no coding effort required.

Multi-channel connectors to receive invoices.

Compleo Supervisor may receive invoices from trading partners. It operates through various channels such as SFTP, email, API, or SaaS platforms.

You can automatically configure the data to include a validation or signature and introduce a QR or bar code—whatever your business process requires.

Get to know our solution.

Our invoice processing through Compleo Hybrid provides enhanced security, efficiency, and compliance that can’t be underestimated:

1. Reduce errors and save time—what used to take thirty minutes now takes seconds!

2. Save on operating costs—no need to manage your A/P team’s procedures.

3. Guarantee on-time payments—no more late fees, and always score with those early payment discounts.

4. Improve efficiency and productivity—work with hundreds, even thousands of invoices per month, without human error.

5. Optimize the customer-supplier relationship—maintain healthy relationships through sound business processes.

Our automated invoice-processing solution is perfect for current Symtrax customers looking for ways to do more with their existing software. Automate your document-intensive protocols with Compleo Hybrid’s invoice-processing tool and free your A/P team to do more.

We are standing by to perform a customized demo in your environment. Speak to one of our experts and have all your questions addressed. IT expertise is not required to implement our solution. Symtrax is excited to serve your invoice-processing needs via the software you already trust.

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