Companies receive dozens of invoices every day. Handling invoices and ensuring payment deadlines are met is a central task at every accounting division.
The basic information of all invoices need to be transferred to the internal accounting system, like supplier name and ID, amount, value added tax and payment deadline.
With OCR, the image is transformed into a Machine-readable format. Algorithms extracts and structures the defined information.
The extracted information is transmitted to the internal accounting system via an API or integrated into a Docker container at the clients server infrastructure.