The company said in a statement on Tuesday that the WorkForce ES-500WR had been designed to make the process of organising and sharing financial documents easier.
The ScanSmart software has a number of document management tools to preview, email, upload and organise receipts, invoices and financial documents among others. It has a receipt manager feature that can pull data from receipts and invoices and export it to Quickbooks Online or Excel.
There is also a file-naming and receipt recognition tool which has machine-learning to identify vendor names and logos and make the location of specific data easy.
A feature known as Ultrasonic Double Feed Detection prevents missing pages and the device also has Dynamic Skew Correction.
The Nuance software works on Windows® and there is a PDF Converter for the Mac; users can create, convert and assemble searchable PDFs, and also annotate, highlight and redact.
The ES-500WR will be available from the company's Australian website and can also be purchased from Epson resellers and retailers from March 2020 onwards. The RRP is $699 inclusive of GST.