Automate Invoice Processing with up to 99.9% Accuracy
KlearStack Invoice OCR cuts manual entry by up to 80%, and speeds up processing by upto 5x. Be among leading firms transforming AP workflows, efficiently handling millions of invoices each year.
What is Invoice OCR and How Does it Work?
Invoice OCR is a technology that leverages artificial intelligence (AI) and machine learning (ML) to automate the extraction of
data from paper-based and digital invoices. This innovative tool enables businesses to process invoices faster, with greater
accuracy, and minimal manual intervention. Invoice OCR streamlines the end-to-end processing of invoices, from entry to
archival, enhancing efficiency and accuracy.
data from paper-based and digital invoices. This innovative tool enables businesses to process invoices faster, with greater
accuracy, and minimal manual intervention. Invoice OCR streamlines the end-to-end processing of invoices, from entry to
archival, enhancing efficiency and accuracy.
Intelligent Data Extraction and Analysis
Using advanced OCR and AI algorithms, the system identifies and
extracts key information from invoices such as invoice number,
supplier name, address, etc.
extracts key information from invoices such as invoice number,
supplier name, address, etc.
Capture and Digitization
Captures invoices in various formats, scanning paper invoices
and converts them into a digital format for processing.
and converts them into a digital format for processing.
Validation and Integration
The extracted data is validated for accuracy and then seamlessly
integrated into accounting or ERP systems.
integrated into accounting or ERP systems.
Extract Key-Details from Invoices With Minimal Human Intervention
Supplier NameInvoice NumberInvoice DatePurchase Order NumberTotal AmountCurrencySupplier GSTNCustomer GSTNCustomer NameSummary Description
What distinguishes KlearStack as the go-to choice for AP teams?
Put document digitization, classification, extraction, validation on autopilot.
Template-less Solution
Accurately extracts data from any new invoice layout without the need for model retraining.
Line-item Data Extraction
Provide a Line-Item data extraction wherein you can extract essential items.
Multi-page Data Extraction
Seamlessly compatible with multi-page invoices, it extracts data with unwavering precision.
Bulk Invoice Processing
KlearStack’s Invoice OCR with batch processing feature can process multiple invoices in one go.
Straight-Through Processing (STP)
STP enhances the speed and cost-effectiveness of financial transactions.
Seamless Integration
Integrate the KlearStack Invoice OCR with your ERP and accounting systems.
Frequently Asked Questions (FAQs)
What exactly does KlearStack’s NACH OCR process?
KlearStack’s NACH OCR is designed to automate the extraction of data from NACH (National Automated Clearing House) mandate forms, enabling swift and accurate processing of recurring payment authorizations.
Can KlearStack's NACH OCR integrate with my existing payment processing systems?
How does KlearStack ensure accuracy in data extraction from NACH mandates?
Is KlearStack's NACH OCR capable of handling high volumes of mandates?
What measures does KlearStack take to ensure the security and privacy of NACH mandate date?
Can KlearStack’s NACH OCR adapt to changes in mandate form formats or requirements?
Not finding the answers you‘re looking for,
let‘s talk and we‘ll help with your questions.
let‘s talk and we‘ll help with your questions.
