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OCR implementation
December 19, 2024
Q. My company is starting the implementation process with a new ERP system that includes OCR for our invoices.1. When using three-way matching, what is your company’s tolerance level for acceptable variance in prices and quantity?2. Do you have an internal invoice for miscellaneous invoices that are not as detailed or structured as those from vendors?
I’d appreciate any other tips for navigating ERP implementation and transitioning from manual AP to OCR.
A.
(Answered by the IOFM Advisory…
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