An AI solution designed to simplify and accelerate invoice processing by automating and optimizing the extraction and analysis of invoice data, reducing human errors, and freeing up your team for more strategic tasks.
The Solution
Smart Invoice is an innovative solution that combines Artificial Intelligence and OCR technologies to transform invoice processing into a smart, fast, and reliable operation. Through advanced NLP and machine learning models, it autonomously capable to extract, classify, and interpret invoice data.
OCR Technology
Implementation
It uses OCR to extract text from scanned images and documents.
Advanced Data Extraction
The solution applies Natural Language Processing techniques to identify and extract critical data from invoices, such as due dates, total amounts, applied rates (like VAT), and invoice identification numbers, among others.
Intelligent Sorting
Application of AI algorithms to classify the extracted information, such as expense categories, and enrich the data with additional relevant details.
Validation and Correction
Includes a validation step, where invoices are manually reviewed to ensure accuracy, with AI suggesting potential errors or incongruences based on identified patterns.
Benefits
Invoice Processing
Agility
Reduction of Errors
and Fraud
Decrease in Operating
Costs
Flexibility and Efficiency
in Collaboration Between
Machines and Humans
Employee Time
Maximization
Minimizing Errors
and Human Burden
Improvement in Supplier
Relationship Management
Smart Invoice Applications
Supplier Relationship Management
Smart Invoice is a strategic ally in supplier management, streamlining the payment process through automation.
Operational Expense Management
Implement the system to analyze and optimize operational expenses, identifying areas for potential improvements.
Detection of Duplicate Invoices
Through advanced technology, the system detects and alerts you to duplicate invoice records, allowing companies prevent undue payments.