Accounts Payable Outsourcing

Automated Document Processing as a Service

The Canon Delivery Center in Prague is an outsourcing center for automated document processing, founded in 2007. Since then they have processed over 15 million pages of documents each year. These documents are most often invoices as they are specialized in Accounts Payable outsourcing.

Their services are used by customers from more than 28 countries across Europe, the Middle East and Africa. The sectors that most frequently enlist Canon’s services are: finance, logistics and services. Major clients include, for example, Allianz, DB Schenker or Carrier. Within the framework of Europe, in cooperation with foreign affiliates, it provides services for, for example, the ÖBB Austrian carrier or the CBRE Group.

how does automated invoice processing work?

The process starts when the paper and digital invoices are received at the Canon scanning center. There, invoice data is extracted with IRISXtract™, verified and imported to the customer’s accounting system.

The benefits of this system are a potential of 29% cost savings on invoice handling through automated processing, 42% faster invoice processing, 66% reduction of lost invoices and 20% reduction in late payments.

Additionally, the Canon Delivery Center in Prague sets the highest information security standards according to the ISO certification norms, ensuring the safety of your data.

Solution with:

  • Logo IRISXtract

Key facts

  • 29% cost savings
  • 42% faster invoice processing
  • 66% reduction of lost invoices
  • 20% reduction in late payments

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