Tungsten Transact (formerly known as Ephesoft Transact)
Smart modern document capture technology to help improve business processes.
Tungsten Transact combines document acquisition workflows and OCR to enable document capture for any business process. Cobwebb has partnered with Tungsten Automation to help businesses work more efficiently by automatically connecting documents to core business processes.
With faster, easier access to critical business information such as customer invoices, organisations across numerous industries are positioned to speed up daily tasks and optimise decision-making by using scan capture, while providing the ability to retrieve supporting documentation directly from the business application.
Deployed either in the Cloud or on premise, Tungsten Transact helps to free up the time of the AP department by processing invoices at much faster rates and speed up the approval process from suppliers. The technology also provides better document visibility from within the ERP workflow process.
Here is a brief video about Tungsten Transact (Formerly known as Ephesoft Transact)
Tungsten Transact Solution Overview PDF
The Power of an Upgrade and Strength of a Health Check PDF
We also think you might find these updates of interest:
- Cobwebb Extract AI – Improve extraction success by utilising Google Document AI
- Tungsten Transact Email Interface – This feature allows operators to efficiently email documents back to vendors to resolve invoice queries.
- Duplicate Invoice Checker – Logs all processed invoices and checks the log for each new invoice to prevent duplicate processing.
Contact us to find out more and how we can help.
Features
- Reduces manual data collection
- Shortens processing time
- Reduces error rates
- Drives productivity
CASE STUDY / Barbour
Tungsten Transact(formerly known as Ephesoft Transact) / Retail
Cobwebb helped Barbour revolutionise its AP department with Tungsten Transact
Barbour had been struggling to keep pace with the number of invoices that circulate in such an established company, relying on the manual efforts of its AP department to sort, arrange and process each invoice by hand.
With the support of Cobwebb Communications, Tungsten Automation’s long-standing partner, Tungsten Transact was successfully implemented into Barbour’s existing enterprise resource planning (ERP) system, Infor M3, and in July 2019, Barbour officially began using Tungsten Transact to process all of their AP invoices. The result is a fully integrated smart document capture solution, delivered into the heart of Barbour’s business management technology.
Once the invoice images are loaded into Tungsten Transact, the solution captures and scans the key information – from the invoice number to the issue date to the name of supplier – before extracting the data and exporting it directly into Barbour’s Infor M3 ERP system.
“We were keen to get our hands on the Tungsten Transact solution,” said Lori Sproat, Group Management Accountant at Barbour. “We had access to the product before it was fully integrated into our end-to-end system, and were therefore able to get a feel for it and put it into practice before it went live. This really is a testament to how simple the product is to use and with Cobwebb’s helpful and knowledgeable assistance throughout, we’ve been able to get the system up and running as quickly as possible.”
