Overview
Remota is a cloud-based service purpose-built for invoice processing within accounting operations. It leverages Optical Character Recognition (OCR) technology to extract key information-such as dates, amounts, and supplier names-from invoices. In addition, AI-driven validation automatically identifies the appropriate accounting codes, enabling seamless integration with Enterprise Resource Planning (ERP) systems and approval workflows.
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Invoice Reception: Invoices-whether scanned paper copies or PDF files-can be uploaded to Remota via various channels, including email and cloud storage platforms such as Box.
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OCR Processing: Remota uses OCR technology to read invoice contents and convert them into structured text data.
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Review and Correction: AI intelligently suggests appropriate accounting codes and creates draft journal entries. Any data that requires further verification is flagged, allowing users to confirm consistency and accuracy before finalization.
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Submission and Approval: Once finalized, the data is seamlessly submitted to ERP systems and integrated workflows, significantly improving operational efficiency in accounting processes.
Highlights
- Support for Various Invoice Submission Channels: Remota supports a wide range of invoice submission formats and channels-from scanned paper invoices to digital e-invoices. Users can submit invoices via delegated scanning services, email attachments, cloud storage uploads, or Peppol-compliant digital invoicing platforms, ensuring flexibility and convenience.
- Automated Data Capture and Intelligent Validation: With advanced AI-powered OCR and digital invoice integration, Remota automatically extracts invoice data with high accuracy, eliminating the need for manual input. The system also performs automated cross-checks with related data and ensures consistency, minimizing input errors and reducing processing time.
- Workflow Automation for Approval Processes: Remota enables the automation of internal approval workflows, from submission to final approval, based on your company's rules. This streamlines the approval process, improves transparency, and enhances operational efficiency across accounting operations.
Details
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Pricing
Dimension | Description | Cost/36 months |
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Standard Plan | Please note that the initial setup costs are not included. A separate quotation will be provided by our implementation team in due course. | $25,200,000.00 |
Vendor refund policy
Except where otherwise stipulated in an individual agreement, or in the event that Fast Accounting terminates the services during the term of such individual agreement, Fast Accounting shall not refund any service fees already paid by the client.
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