OCR Enabled Management of Accounts Payable and/or Accounts Receivable Auditing Data

An apparatus, comprising:

• a computer implemented system for management of accounts payable and/or accounts receivable auditing data comprising a module for managing accounts payable and/or account receivable data of a client, the accounts payable and/or account receivable data including at least one line item;
• and
• an OCR system, in communication with said system for management of accounts payable and/or accounts receivable auditing data, said OCR system configured to receive a document comprising a plurality of different tags in a first portion thereof;
• wherein said OCR system identifies a plurality of said tags and compares said identified tags to supplier data stored in a database to validate said document.

An apparatus, comprising:

• an OCR system, in communication with a system for management of accounts payable and/or accounts receivable auditing data, said OCR system configured to receive a document comprising a plurality of different tags in a first portion thereof;
• wherein said OCR system identifies a plurality of said tags and compares said identified tags to supplier data stored in a database to validate said document;
• and
• wherein said OCR system is configured to clip a portion of the document that corresponds to a line item and to place said clipped portion in a database.

A computer implemented method, comprising the steps of:

• providing an OCR system, in communication with a system for management of accounts payable and/or accounts receivable auditing data, said OCR system configured to receive a document comprising a plurality of different tags in a first portion thereof;
• said OCR system identifying a plurality of said tags and comparing said identified tags to supplier data stored in a database to validate said document;
• and
• said OCR system clipping a portion of the document that corresponds to a line item and placing said clipped portion in a database.