Invoice OCR for data extraction

Extract and verify thousands of invoices in less than 30 seconds!

Unlock the Power of Invofox’s Invoice OCR

Automate Data Extraction

Eliminate manual data entry with AI-powered OCR and machine learning. Transform key details from any invoice format into structured data instantly.

Speed Up Invoice Approvals

Streamline approvals by routing invoices to the right stakeholders. Set up workflows, get notifications, and approve payments in just a few clicks.

Automate Invoice Matching

Match invoices with purchase orders and receipts to verify accuracy. Detect discrepancies in amounts, quantities, and suppliers before payments are made.

Seamless ERP Integration

Sync invoices effortlessly with ERP, accounting, and payment systems. Ensure smooth data flow while eliminating manual uploads and reconciliations.

Automate Payment Processing

Automatically trigger payments when invoices are approved. Invofox integrates with payment systems to ensure vendors are paid on time, improving cash flow.

Multi-Currency Invoicing

Extract amounts, tax rates, and currencies from international invoices. Standardize data for seamless cross-border transactions and compliance.

Extract and verify all essential invoice fields

Invoice number

Invoice date

Vendor name

Vendor Tax ID

Vendor Address

Due Date

Tax Rates and Amounts

Line Item Details

Total Amount Due

Receiver Name

Receiver Tax ID

Receiver Address

and more...

Key Capabilities of Invofox

PDF Splitter

Automatically split PDFs into structured, meaningful section to reduce manual workloads and improve organization.

Classifier

Leverage AI-powered classification to categorize financial documents instantly, ensuring accurate processing within your ERP.

Data Extraction & Verification

Accurately extract key financial data and verify it against trusted sources to eliminate errors before processing.

Intelligent Parsing

Transform unstructured data into structured formats to enable seamless integration with your financial systems.

Expert Correction (Human-in-the-Loop)

Ensure the highest accuracy with human-assisted verification when it comes to complex document processing tasks.

Why Choose Invofox over Standard OCR for Invoice

Accuracy Rate
Technology
Document Processing Time

(+1,000 documents)

Proccess Automation
API Integration
Advanced Data Extraction
Self Learning System
Real-time suggestions
+99.92%
OCR + AI + Machine Learning
Under 30 seconds
End-to-end workflow automation
OCR
60% to 85%
OCR
Up to 2:30
Limited

Frequent Asked Questions

Other Documents We Can Process

Invoices

Extract relevant information like invoice number, dates, total amounts, vendor details, line items and more.

Purchase Orders

Extract information like buyer details, supplier details, order date, delivery date, items ordered and more.

Bill of Lading

Extract relevant information like shipper details, consignee details, shipment date, destination and more.

Checks

Extract relevant information like payee's name, date, amount, bank details and more.

Pro-Forma Invoice

Extract relevant information like vendor name, vendor tax ID, invoice number, invoice date and more.

Utility Bills

Extract relevant information like account holder name, account number, billing period, usage details and more.

Receipts

Extract information like merchant name, dates, tax details, items purchased, payment method and more.

Payslips

Extract information like deductions, payment details, tax IDs and more

Stay tuned for new document types

Ready to see it in action?

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