How long does it take to process documents in Finmatics?

This article details the duration of document processing.

The invoices are automatically sorted. Their data content is extracted and checked. This process has different durations depending on the module. The Scan & Sort module, which does not use OCR recognition, takes roughly 3-5 seconds per page.

The modules which do use OCR recognition take around 5-10 seconds per page. Depending how the invoices are prepared and whether the machine needs to adjust their orientation these times can vary.

For example:

  • A 10 page invoice takes around 30 seconds to 1 minute in Scan & Sort.

  • A 10 page invoice takes around 50 seconds to 1 minute 40 seconds in the booking machine.

If quality assurance is active (100% accurate readouts), processing finishes within 24 hours (1 working day) after the invoice is uploaded, though this can vary at peak times. We can, however, organise a prioritisation of your invoices. This option guarantees complete, accurate readouts for every field. Should 24 hours be too long for a invoice, the data can be entered manually, and it can then be exported. More information is available in the Support Center article “What is document quality assurance?