8/21/2025
min read
The accounting profession is undergoing one of its biggest transformations in decades thanks to automation and artificial intelligence (AI). At the center of this shift are the developers and software providers building the tools that accountants rely on every day.
From invoice data entry to bank reconciliations, accounting software powered by intelligent document processing (IDP) can now handle high-volume, repetitive tasks with speed and accuracy — freeing accountants to focus on higher-value, strategic work that requires human insight, judgment, and creativity.
At the core of accounting automation is intelligent document processing (IDP). This technology can automatically extract and validate data from documents — such as invoices, receipts, and contracts — helping accountants work faster and with greater accuracy.
For developers building AP and accounting platforms, IDP enables:
By embedding IDP, software providers can take tedious work off accountants’ plates, letting them shift their time to analysis, planning, and client advisory.
As software becomes more advanced — instantly spotting errors, erasing duplicates, and performing complex tasks in seconds — developers play a crucial role in shaping how accountants work.
Rather than replacing accountants, automation changes their role. With the right tools, accountants move from number-crunchers to strategic advisors.
By building IDP into your platform, you can help accountants:
Automation eliminates repetitive tasks, but it doesn’t take over the creative, strategic aspects of accounting. Instead, developers can build platforms that unlock those opportunities.
When powered by automation, accountants can:
The lesson: automation isn’t a threat. It’s a chance for software providers to empower accountants to focus on what matters most.
Intelligent document processing software is already transforming day-to-day accounting and as it continues to grow, it becomes even more important in the accounting profession. For AP automation software and their developers, embedding IDP capabilities is how you deliver real value to your customers.
IDP software automatically extracts data from invoices, such as the vendor name, invoice number, amount due, and payment terms. This data can then be used to create payments, track payments, and manage vendor relationships.
IDP software can be used to automatically extract data from bank statements, such as the date, amount, and payee of each transaction. This data can then be used to reconcile bank statements and identify any discrepancies.
IDP software can help generate accurate, structured data that auditors can use to quickly identify potential errors or irregularities.
IDP software can be used to assess the risks associated with a business, such as the risk of fraud or non-compliance. This can help businesses to make better decisions about how to manage their risks.
Accountants will always need a solid foundation in financial concepts, but their ability to thrive increasingly depends on the software built for them. The platforms you create determine how efficiently they can manage data, uncover insights, and guide strategic decisions.
For developers, this is more than an efficiency play. By embedding IDP and automation into your accounting or AP platform, you are not just saving time. You are shaping the evolution of the profession.
Accounting will always need human judgment, but it now depends on software to deliver speed and accuracy. The developers who embed IDP and automation into their platforms are shaping the next generation of accounting. With Invofox, that future is within reach.
Invofox is the document parsing and data extraction API for software companies and developers.
Invofox is trusted by 100+ software solutions across the world customers and the company's software is used by businesses in a variety of industries, including software, accounting, finance, logistics, and construction.
If you are looking for a document processing software solution that can help you automate your document handling processes, improve accuracy, reduce costs, improve compliance, and improve customer service, get in touch.
Alberto Gimeno is the CEO and co-founder of Invofox. A computer scientist and mathematician, he worked for years as a developer before moving into sales and co-launching Invofox in 2022. Since then, he has scaled the company to serve over 100 software firms and process tens of millions of business documents each year.
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