Mobile accounts payable automation

Kofax has released MarkView for Accounts Payable 8.0, a secure mobile solution for the automated capture and processing of accounts payable (AP) information. Kofax claims MarkView 8.0 significantly accelerates processes and optimizes cash management by enabling customers to use the cameras in mobile devices such as smart phones and tablets to capture, view, manage and approve information from receipts and invoices from anywhere, at any time, within a secure chain of custody that includes AP processes and workflows.

The company explains MarkView 8.0 automates the receipt and capture of paper and electronic invoices, extracts relevant data from that content, perfects it and then manages the information into workflows for routing transactions through exception handling and approval processes. Kofax MarkView leverages Kofax Mobile Capture, which allows mobile devices to become viable tools for information capture and automation solutions. It helps prevent fraud by providing complete chain-of-custody assurances so that only authorized users can access and submit content to relevant systems and processes. Once captured, an image cannot be altered or tampered with and does not remain on the mobile device, says Kofax.