Munich, Germany – The digitalization of business processes is advancing steadily. Companies using Infor LN/M3 for Enterprise Resource Planning (ERP) are part of this development. A new solution to optimize supplier invoice management significantly increases efficiency and accuracy in processing both PDF and e-invoices.
DocBits leads this innovation. It seamlessly integrates with Infor LN/M3, automating the processing of supplier invoices, whether they are managed on-premise or in CloudSuite environments. Developed by FELLOWPRO, the system uses collective intelligence to extract data from PDF invoices and import e-invoices according to European standards such as eInvoice with Peppol, ZUGFeRD, and Peppol BIS Billing 3.0.
The implementation of DocBits in Infor LN/M3 simplifies several tasks:
• Electronic Import: PDF documents and e-invoices in various formats are seamlessly imported into DocBits.
• Data Extraction: Advanced OCR technology converts images into structured data, enabling automatic classification and archiving of documents.
• Supplier Matching: DocBits matches supplier data with Infor LN to ensure accurate bookkeeping, reducing manual input errors.
• ERP Integration: Direct integration with the “Accounts Payable Processing Workbench” in Infor LN or the M3 “Aps450” optimizes processes in accounts payable, including order matching and invoice posting.
This initiative follows the broader trend towards automating financial processes. Companies shorten processing times and more easily comply with local regulations. For Infor LN users, DocBits facilitates the transition to e-invoices, which are increasingly becoming the standard in Europe.
Project Implementation
The implementation process is efficient and typically takes 6 to 8 weeks. Key steps include setting up the DocBits system, configuring data extraction, and ensuring seamless integration into the ERP environment of Infor LN. The solution also offers flexibility, allowing future expansions based on evolving business requirements.
FELLOWPRO
FELLOWPRO is a leading provider of enterprise software solutions, specializing in the development and implementation of innovative systems that significantly enhance the efficiency and productivity of business processes. With a strong focus on automation and digital transformation, FELLOWPRO supports companies across various industries in optimizing their operational processes and securing competitive advantages.
A standout product in FELLOWPRO’s portfolio is DocBits, a highly advanced software solution designed specifically to automate and optimize the processing of supplier invoices. DocBits integrates seamlessly into ERP systems such as Infor LN, M3, and CloudSuite, enabling efficient processing of both traditional PDF invoices and modern e-invoices according to European standards like eInvoice with Peppol, ZUGFeRD, and Peppol BIS Billing 3.0.
With DocBits, FELLOWPRO offers a comprehensive solution that helps companies digitize their invoice processes, reduce manual input errors, and ensure compliance with legal requirements. By leveraging technologies like collective intelligence and OCR, data capture is automated, leading to significant time savings and improved accuracy.
FELLOWPRO sees itself not just as a software provider but as a partner to its customers on the path to digital transformation. With tailored solutions and deep industry knowledge, FELLOWPRO successfully guides companies through the challenges of the modern business world, enabling sustainable growth and securing long-term competitive advantages.
Media Contact
Company Name: FELLOWPRO AG
Contact Person: Daniel Jordan
Email: Send Email
Phone: +49 (0) 8121 79 29 80
Address:Anzinger Str. 21a
City: 85586 Poing
Country: Germany
Website: http://www.fellowpro.com