INVOICE PROCESSING | INVOICE CAPTURE
More Advanced than Invoice OCR
Parascript machine learning, template-less, invoice recognition organizes and simplifies your invoice processing while providing more accurate data extraction results. Our pre-tuned invoice capture software allows you to immediately process large volumes of invoices—in an unattended mode with highly accurate, reliable results—ensuring significant time and cost savings.
Powered by machine learning, Parascript invoice recognition processes highly-variant invoices and excels in capabilities far beyond any Optical Character Recognition application program interface (invoice OCR API). It easily extracts complex data from highly varied, multifaceted business invoices. Our invoice data extraction beats competing solutions by as much as 50% or more delivering more than 85% of the data on an invoice in a straight through processing at greater than 95% accuracy. Our invoice capture automates data entry and routes validated data directly to your accounting and other data entry systems. It is available as an add-on module both to FormXtra.AI SDK and FormXtra.AI Capture. Learn more about Invoice Recognition Data Extraction.