What Steps are Involved in Digitizing Remittance Advice?

Digitizing remittance advice typically involves scanning or uploading the documents into the system, where optical character recognition (OCR) technology is employed to extract pertinent details like invoice numbers and payment amounts. Once extracted, the data is converted into a digital format compatible with accounting software, facilitating seamless integration and processing. This digitization streamlines the remittance capture process, enhancing efficiency and accuracy in managing incoming payments.

Learn More Download Datasheet Read Blog