Invoice Data Capture

Invoice Data Capture (IDC) is an official business term used to describe the process of capturing data from invoices and other documents. It is a key part of the accounts payable process, and is essential for ensuring accuracy and efficiency in the payment of invoices. IDC involves scanning, digitizing, and extracting data from invoices and other documents. This data is then used to create a digital record of the invoice, which can be used for further analysis and processing. IDC can be done manually or with the help of specialized software, which can automate the process and reduce the amount of time and effort required. By automating the process, businesses can save time and money, as well as improve accuracy and reduce the risk of errors. IDC is an important part of the accounts payable process, and is essential for ensuring accuracy and efficiency in the payment of invoices.