…
Optical Character Recognition (OCR) technology has become a vital component for businesses looking to automate document processing and streamline data extraction. Very simply put, OCR involves scanning documents and converting the scanned image into machine-readable text, allowing organisations to process a wide variety of documents, such as invoices, contracts, and receipts, without manual data…
A new invoice arrives in your inbox. And as you begin processing it, you get a sense of déjà vu. The address and the amount – you've seen this before, but not sure where. So you start searching, scrolling through endless spreadsheets and folders, trying to find a match... Sound familiar? This scenario plays out…
You'd think importing bank statements into QuickBooks would be a breeze, right? But for many businesses, it's often a frustrating hurdle in their financial management process. While many banks offer built-in QuickBooks export features, not all do. If your bank doesn't provide this convenience, you might find yourself staring at a CSV or PDF file,…
Connecting your bank or credit card accounts to QuickBooks is most seamless way to automatically pull in and categorise transactions, up to a certain date, into QuickBooks. But what if you want to enter historical bank transactions into your QuickBooks? Or what if you can't connect your bank account to QuickBooks for some reason?…
Expense reimbursement is a fundamental aspect of business operations, encompassing the process by which employees are paid back for expenses they've incurred on behalf of the company. These expenses often include travel, meals, accommodation, and office supplies—costs that are essential for carrying out business activities but are initially borne by employees. The goal of an…
Managing expenses often proves to be a Herculean task for many organizations. Traditional expense management systems are often fraught with challenges: manual data entry is time-consuming and prone to errors; fraudulent claims can slip through the cracks; and ensuring compliance with company policies and tax laws can feel like navigating a minefield. These inefficiencies not…