Conversion Technologies International, Inc.
IT Services and IT ConsultingNew Jersey, United States11-50 Employees
CTI is an IT services and IT consulting firm that operates as a full-service document and image conversion center, specializing in accounts payable invoice processing, including data extraction, eInvoicing, scanning, and email receipt. The company developed a proprietary image capture system known as ICE to improve processing speed, reduce costs relative to legacy OCR, and enhance data accuracy and turnaround time. Established in 1993, CTI is based in Mount Laurel, New Jersey, serving a client base that spans Fortune 500 firms to small and mid-sized businesses across numerous industries. CTI offers an end-to-end solution for turning paper and emailed invoices into digital records, capable of receiving invoices from suppliers and extracting header, footer, and line-item details with a claimed accuracy of 99.95% to feed data and images into AP or ERP systems. It positions itself as a one-stop source for invoice receiving and data capture, including converting non-electronic invoices to e-invoices and enabling 100% electronic invoicing from day one. The company notes a processing pace of complete invoice processing with no exceptions within 24 hours and a guaranteed 48-hour service level, with a USPS Network Distribution Center used for paper invoices.