Streamline and automate document processing with automated data capture and extraction
Ovitas AI Document Capture is much more than an intelligent data capture and extraction solution. This solution combines AI with machine learning and uses advanced recognition capabilities to reduce inefficiencies, errors, and costs associated with manual invoice processing.
Automate invoice capture, recognition, field extraction, validation of data and straight-through processing of PO-based invoices —all in one place without switching applications.
Powerful AI for invoice processing and much more.
Contact us today to learn more!
How it works
As part of a modern accounts payable automation solution, Ovitas AI Document Capture for Invoices streamlines the five key steps between invoice arrival and posting.
Invoice input
Supports multiple input channels, including email, web-based invoice scanning, MFP, FTP, mobile capture, and fax, ensuring consistent document processing regardless of form or format.
Classification
Invoice classification technology allows the sorting of documents by types and custom subcategories. The system learns on the fly, enabling fast deployment and higher processing accuracy.
Data recognition, extraction & validation
Identify and extract data from relevant invoice fields. This solution supports country-specific validation rules and invoice matching against master data in addition to PO matching.
Data review & invoice approval
Data approval processes become easier with an intelligent workflow approval that includes automated invoice processing, with the possibility of manual verification by the accountant for missing information, and instant posting for valid PO-matched documents.
Export & archiving
Invoices can be easily integrated with ERP systems, financial applications and databases for subsequent invoice data export. Automated indexing of invoices by key fields ensures fast and easy invoice retrieval. Transformation of images into PDF formats meets the latest archiving requirements.
Features & Benefits
See how our ready-to-run solution delivers powerful features to meet your accounts payable automation needs—and discover how you can start benefiting today!
Straight-Through Processing
Automated document processing from invoice arrival to posting without human intervention enables accounting staff to focus on exceptional invoices only.
Line Item Data Extraction
The solution supports detailed line item extraction, handling invoices with multi-line descriptions, multiple pages, and varying column headers. Extracted line items are then matched with corresponding purchase order data in the ERP.
Machine Learning by User Side
As the solution is used, it continuously learns from feedback on your documents, improving extraction accuracy over time. Built-in, on-the-fly training allows accountants to refine data detection while reviewing invoices. Unlike “black-box” self-learning systems, it provides IT staff with full control over training results.
Superior Quality
The solution delivers impressive accuracy right from the start, having been pre-trained on thousands of invoices using advanced neural network technology to ensure dependable results from day one.