INVOICEINSIGHT
What is InvoiceInsight?
A software solution that automatically processes invoices and extracts relevant data from them. Such as all amounts and their deductions, date, vendor name, invoice number, etc. It can recognize and extract data from different types of invoices, such as paper, scanned, digital, handwritten, or multilingual invoices.
Other key Features
- It improves the speed, accuracy, and efficiency of invoices, and reduces any manual errors that are likely.
- It is capable of capturing data from various types of invoices, including paper-based, scanned, and electronic invoices in different formats (PDF, image, Word, etc.).
- Ensuring security standards and compliance regulations, especially when dealing with sensitive financial information.
- Multiple invoice analysis support for increased productivity and efficiency.
- Extracting accurate deductions and net gains from the invoices and representing them in a more user-friendly way.
- Extracting essential invoice data fields, including Invoice date, Invoice number, Buyer/customer information, Line items(description, quantity, unit price, total), Payment terms, and Total amount.
- Handles invoices with different currencies and provides currency conversion capabilities if necessary.
- It helps users streamline their financial processes, reduce errors, save time, and improve overall efficiency in handling invoices.
Tech Stack Used
Choosing the right tech stack is very crucial as it will have an impact on the entire development lifecycle and beyond. Our tech stack will make no compromise in providing the best solutions to the clients and fulfilling their expectations.
- Python
- Machine Learning
- Snowflake
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