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Home » Supplier Invoicing: Optical Character Recognition Providers

Supplier Invoicing: Optical Character Recognition Providers

Optical Character Recognition (OCR) Providers

Dynamics 365 integrates with various OCR providers to enable document processing and data extraction capabilities. Here are some popular OCR providers that integrate with Dynamics 365:

  1. Azure Cognitive Services: Dynamics 365 leverages Azure Cognitive Services, a suite of AI-powered APIs, including the Computer Vision API. This API provides OCR capabilities, allowing you to extract text from images, recognize printed and handwritten text, and perform advanced image analysis. Azure Cognitive Services can be seamlessly integrated with Dynamics 365 to enable OCR functionality.
  2. Exflow: ExFlow is a built-in AP Automation solution for Dynamics 365 for Finance and Supply Chain Management that streamlines and automates the supplier invoice workflow. The easy to-use module automates the AP and invoice process, delivering better control, higher efficiency, saving time and money. With ExFlow, companies do not need to invest time and resources in training staff to use a new system, staff simply continue to work in their familiar ERP environment. For more information visit: Exflow for Microsoft Dynamics – SignUp Software
  3. AXtensions: AXtensions Invoice Processing automates manual processes, getting early payment discounts, prevent late payment penalties and the ability to focus on priorities Match and process PO invoices without manual intervention and automatically code and process Non-PO invoices and pre-approved contracts, enabling you to manage by exception. For more information visit: AXtension® Invoice Processing – Microsoft Dynamics 365
  4. Abbyy: Abbyy is a well-known provider of OCR and document capture solutions. They offer products like Abbyy FlexiCapture that can extract data from various document types, including invoices, contracts, and forms. Abbyy’s OCR technology can be integrated with Dynamics 365 to automate data extraction and document processing.
  5. Kofax: Kofax provides intelligent automation software, including OCR solutions. Kofax Capture and Kofax Transformation Modules (KTM) are widely used for document classification, data extraction, and validation. These solutions can integrate with Dynamics 365 to enhance document processing and data capture capabilities.
  6. ReadSoft (now part of Lexmark): ReadSoft, now part of Lexmark, offers OCR and invoice automation solutions. Their software can capture data from invoices, extract relevant information, and automate the invoice approval process. ReadSoft solutions can be integrated with Dynamics 365 for efficient invoice processing and accounts payable automation.
  7. ABBYY FlexiCapture for Invoices: ABBYY FlexiCapture for Invoices is a specialised OCR solution designed specifically for invoice processing and automation. It extracts invoice data, validates it, and populates the relevant fields in Dynamics 365. This integration streamlines the accounts payable process and reduces manual data entry.
  8. OpenText Capture Center: OpenText Capture Center is an enterprise-grade capture and OCR solution. It automates the capture of documents, extraction of data, and integration with business systems. OpenText Capture Center can integrate with Dynamics 365 to streamline document processing and improve data accuracy.

These are just a few examples of OCR providers that can integrate with Dynamics 365. It’s important to note that the specific integration capabilities may vary depending on the version and configuration of Dynamics 365. It’s recommended to consult with the OCR provider and review their documentation or contact Microsoft for information on the available integrations and compatibility with your Dynamics 365 environment.