Esker, a global cloud platform that empowers the finance and customer service professions by automating management cycles, announces that it has been awarded patent number 11494551 granted by the US Patent and Trademark Office for its predictive coding of documents.
Covering the entire Order-to-Cash (O2C) and Procure-to-Pay (P2P) management cycles, Esker Synergy AI is integrated into Esker solutions to eliminate repetitive and low value-added tasks. Manual data entry of invoices or other management documents is a tedious process that is the source of many accounting errors. The Predictive Coding feature provides a solution to this problem, relying on artificial intelligence to establish correspondences with data from existing documents to propose values or codes that are not on the original document.