Invoice OCR
Extract data from invoices automatically using KlearStack’s AI-driven Invoice OCR and intelligent document processing. Digitize, classify, and process structured or unstructured documents – irrespective of the layout, format, or type using our proprietary deep learning and Natural Language Processing algorithms.
Challenges of Data Capture from Invoices
Format/Template variability
Poor quality documents
Handwritten documents
Key-value pair extraction
Line items extraction
Accuracy of the data capture
Any Format. Any Layout.
Template-less Solution
Dealing with invoices of various formats and layouts often demands creating new templates for each, a cumbersome and inefficient process. KlearStack’s Invoice OCR, however, offers a remarkable solution: its advanced AI algorithms deliver template-less automation. Say goodbye to the hassle of crafting new templates each time – KlearStack’s technology effortlessly adapts to diverse invoice structures. This innovation streamlines your workflow and boosts efficiency, enabling you to focus on critical tasks without the burden of manual template creation.
Line-item extraction. Table extraction
Line-item Data Extraction
KlearStack’s advanced Invoice OCR solution provide a Line-Item data extraction wherein you can extract essential items such as Vendor/Supplier name, Sales tax registration number, Invoice date, VAT Number, and Vendor/Supplier address. Moreover, it can also extract line items like Item number, Unit price, Invoice amount, Tax rate/amount, and Discount. Payment data extraction is also possible using KlearStack. You can get information like Total without tax, Total tax, Advance paid, Payment due date, and Amount due.
Classify and extract multi-page documents
Multi page Invoice Data Extraction
Invoices arrive in diverse forms: structured, unstructured, single-page, multipage, complex, handwritten, and more. Navigating this variability demands powerful solutions, precisely what KlearStack’s Invoice OCR provides. Our software’s capabilities rise to the challenge; adeptly handling invoices of every type. Seamlessly compatible with multi-page invoices, it extracts data with unwavering precision. KlearStack’s technology ensures that your invoicing process remains efficient, regardless of the intricacies or variations of the documents at hand. With Invoice OCR, you gain a reliable ally in managing the full spectrum of invoice formats.
Batch invoice processing
Bulk Invoice Processing
Enterprises can feed in many invoices to the KlearStack for process in one go. A feature called KlearStack’s Invoice OCR with batch processing feature can process multiple invoices in one go. While doing so, it can identify, recognize and categorize each invoice. Any additional part can also be used on these invoices. So now businesses can forget about processing invoices individually and switch to a faster and more accurate method with KlearStack!
Why choose KlearStack's Invoice OCR?
300% Lower TCO
90% Cost saving
99% Accuracy
Data security
20x Lower set-up cost
For fixed format and variable format documents
Staright-Through Processing
KlearStack’s AI-powered model delivers seamless straight-through processing, enhancing the speed and cost-effectiveness of financial transactions. Through automated data extraction and processing, KlearStack accelerates workflows and facilitates data sharing across diverse platforms, all without requiring human intervention. The result is a streamlined and error-free process that optimizes financial operations.
99% Accuracy
Day Zero Accuracy
Experience the exceptional strength of KlearStack’s Invoice OCR platform through its remarkable Day Zero Accuracy capability. KlearStack’s advanced algorithms flawlessly extract data from previously unseen invoices with unparalleled precision. Effortlessly scan and digitize new invoices without the need for repetitive AI model training. Leveraging NLP framework, computer vision, and heuristics, KlearStack’s model ensures Day Zero Accuracy. Businesses can initiate swift invoice data capture and attain end-to-end document automation right from the outset.
Out of the box integrations
Seamless Integrations
At KlearStack, we take immense pride in delivering clients with effortless integrations spanning diverse platforms including RPA, QuickBooks, SAP, Tally, Salesforce, Gmail, and a range of other APIs. Through a user-friendly process, you can swiftly establish integrations tailored for any of these platforms, empowering users to seamlessly harness the transformative capabilities of KlearStack’s technology. Our commitment to seamless integration ensures that clients can optimize their workflows and enhance their operational efficiency with ease.