The contract is for invoice scanning and data capture services. Florida Atlantic University (FAU) is looking for a vendor to receive invoices and provide scanning and data capture services. The contract was awarded to Conversion Technologies International, Inc (CTI). The key aspects of the contract include the ability to receive and process invoices, extract data, and provide validation against master data. The vendor is expected to have experience with similar projects and to provide a comprehensive pricing schedule and implementation plan. Some key features of the contract include:
• The ability to receive invoices in various formats and extract data
• The ability to validate invoices against master data
• The provision of a comprehensive pricing schedule and implementation plan
• The expectation of experience with similar projects, particularly those involving Workday
• The requirement for the vendor to have or obtain necessary insurance coverage, including workers' compensation and general liability insurance.