Invoice Automation

The unstructured data extraction in KlearStack AI is achieved through deep learning, OCR (Optical Character Reader) and NLR (Natural Language Representation) methods, converting them from unstructured to structured data, to increase productivity by 200%.

The customers have an option to also leverage KlearStack RPA components, that further utilize this newly structured data extracted from the documents, to automatically fill customer forms, ERP screens and to reconcile invoices.

Industry Problem

Globally, accounts payable departments remain swamped with paper and document-based invoices handled with slow, costly, and cumbersome manual processes resulting in a lack of visibility and control, too many errors, and delayed approvals. Due to late payments, lost invoices and a lack of visibility into manual invoice processing, technology leaders in such organizations continuosly seek for an invoice automation solution that improves the internal processes and relations with suppliers.

Our Solution : Invoice Data Extraction

Automate your Invoice Data Extraction Completely! Remove manual entry from unstructured documents permanently with KlearStack . KlearStack’s ‘Artificial Intelligence’ automates the capture of your free-form invoices and expense reports, so that your Account Payables are paid faster, with fewer exceptions and at lower costs. Extract data from Supplier Invoices using AI, our own Machine learning model.