Invoice Extraction

Automate accounts payable operations.
Extract data from any type of invoice.

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AI powered invoice processing automation

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Invoice extraction is the first step towards fully automated invoice processing. It is well known that manuel data entry is very time consuming and also prone to error. Many companies try to overcome this problem by using OCR technology, yet OCR doesn’t suffice to extract non-uniform data types.

We offer you a powerful cognitive data capture tool, which is capable of understanding all invoice variations, including every line item. Cognitive data capture performs two main functions: Data extraction and data validation. Automation of these two steps are vital for invoice processing, because there are various invoice formats with respect to metadata and you often encounter with several unstructured and non-uniformed data in line items.

As the first step, onVision Invoice Extraction product uses a mixation of OCR and ICR to recognize contents of invoice and extract data with a high level of accuracy. Following this step, machine learning procedure begin to show off its abilities. Each line item of the invoice is analyzed and interpreted by AI. Based on confidince score rating and spatial referencing method, data validation/correction is finalized.

Based on Artificial Intelligence, onVision Invoice Extraction tool is built to automate invoice processing. Besides, custom or pre-built integration with ERP such as SAP or MS Dynamics is ready for your use.

Invoice Extraction Features

Cloud Based

Our cloud based solution is easy to use and cost efficient. It can be integrated with almost every enterprise software (ERP, DMS etc.)

Template Free

You don’t need pre-defined templates. onVision AI will learn by itself and interpret all invoice variations precisely.

Handwritten Invoices

Handwritten texts are no longer a dead end thanks to our advanced ICR engine for English, Chinese (simplified),French, German, Italian, Portuguese, Spanish.

API Call

You can extract data from any invoice with just a single API call. Line items can also be extracted with ease.

Web Scan

Use a mobile device to upload a photo of the invoice to the platform. Invoice extraction will start automatically and send the data through the API or to any email address you want.

119 Languages Supported

Taking global trade into consideration, onVision Invoice Extract supports 119 languages for printed invoices.

Automated Invoice Processing: Go Beyond Invoice OCR

 

You no more need to worry about new invoice layouts, noisy texts or graphical quality of the document.

Invoice processing is a key joint stage of many business operations. AP department needs to extract data from various invoice types and formats (PDF, printed etc.) and transfer these data into their own core system only after they verify the content. It usually takes long to step further and discrepancies occur frequently during manual work.

On the contrary, automated invoice processing streamlines every step with the help of pre-trained OCR & ICR which do not require human supervision. Using cognitive data capture and machine learning, we offer you an end-to-end automated invoice extraction solution.

Learn about our cost-efficient and flexible prices.

Discover Invoice Extraction Use Cases

Stamps, Logo, QR Codes

Invoices include many non-uniform/unique elements such as stamps, company logo or QR codes. onVision can easily recognize them and extract data accurately.

Receipts

Since there are tones of variations and high volume, receipts are hard to classify and process. Don’t spend your valuable time, start using onVision’s cutting edge solution.

Atypical Formats

Invoices come in a great range of variation. Some include tables, some include irregular formats and some have low quality. onVision overcomes all complexities by machine learning.

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