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.
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.
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.
Automated Capture & Digitization
Captures invoices in various formats, scanning paper invoices and converts them into a digital format for processing.
Validation & Integration
The extracted data is validated for accuracy and then seamlessly integrated into accounting or ERP systems.
Automated Capture &
Digitization
Captures invoices in various formats, scanning paper invoices and converts them into a digital format for processing.
Intelligent Data Extraction &
Analysis
Using advanced OCR and AI algorithms, the system identifies and extracts key information from invoices such as invoice number, supplier name, address, etc.
Validation & Integration
The extracted data is validated for accuracy and then seamlessly integrated into accounting or ERP systems.
Extract Key-Details from Invoices with Minimal Human Intervention
Be among leading firms transforming AP workflows, efficiently handling millions of invoices each year.
Supplier Name
Invoice Number
Invoice Date
Purchase Order Number
Total Amount
Currency
Supplier GSTN
Customer GSTN
Customer Name
Summary Description
Extract Key-Details from Invoices with
Minimal Human Intervention
Supplier Name
Invoice Number
Invoice Date
Purchase Order Number
Total Amount
Currency
Supplier GSTN
Customer GSTN
Customer Name
Summary Description
What distinguishes KlearStack as the go-to choice for AP teams?
Template-less
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.
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.
KlearStack’s Invoice OCR is designed to handle a wide range of invoice formats, including paper-based, PDFs, and digital invoices from various sources, ensuring comprehensive coverage for all your processing needs.
Yes, KlearStack’s Invoice OCR is designed for easy integration with various accounting and ERP systems. This seamless integration ensures that extracted data is directly fed into your existing workflows, enhancing efficiency and reducing manual data entry.
KlearStack’s Invoice OCR supports multiple languages and currencies, making it suitable for global businesses. Our technology accurately recognizes and processes information, regardless of the language or currency used on the invoice.
KlearStack prioritizes data security and privacy, adhering to stringent protocols and compliance standards such as GDPR. Our Invoice OCR employs encryption, secure data storage, and access controls to protect your sensitive information.
No, KlearStack’s Invoice OCR is scalable and can handle a large volume of invoices, making it suitable for businesses of all sizes. Whether you’re processing hundreds or thousands of invoices, our solution can adapt to your needs.
Yes, KlearStack has capabilities for recognizing and extracting data from clear and legible handwritten text. The accuracy for handwritten text may vary and is generally enhanced with clearer handwriting.
Not finding the answers you're looking for, let's talk and we'll help with your questions.
KlearStack’s Invoice OCR is designed to handle a wide range of invoice formats, including paper-based, PDFs, and digital invoices from various sources, ensuring comprehensive coverage for all your processing needs.
Yes, KlearStack’s Invoice OCR is designed for easy integration with various accounting and ERP systems. This seamless integration ensures that extracted data is directly fed into your existing workflows, enhancing efficiency and reducing manual data entry.
KlearStack’s Invoice OCR supports multiple languages and currencies, making it suitable for global businesses. Our technology accurately recognizes and processes information, regardless of the language or currency used on the invoice.
KlearStack prioritizes data security and privacy, adhering to stringent protocols and compliance standards such as GDPR. Our Invoice OCR employs encryption, secure data storage, and access controls to protect your sensitive information.
No, KlearStack’s Invoice OCR is scalable and can handle a large volume of invoices, making it suitable for businesses of all sizes. Whether you’re processing hundreds or thousands of invoices, our solution can adapt to your needs.
Yes, KlearStack has capabilities for recognizing and extracting data from clear and legible handwritten text. The accuracy for handwritten text may vary and is generally enhanced with clearer handwriting.
Schedule a Demo
Get started with intelligent
document processing
Template-free data extraction
Extract data from any document, regardless of format, and gain valuable business intelligence.
High accuracy with self-learning abilities
Our self-learning AI extracts data from documents with upto 99% accuracy, comparing originals to identify missing information and continuously improve.
Seamless integrations
Our open RESTful APIs and pre-built connectors for SAP, QuickBooks, and more, ensure seamless integration with any system.
Security & Compliance
We ensure the security and privacy of your data with ISO 27001 certification and SOC 2 compliance.
Try KlearStack with your own documents in the demo!
Free demo. Easy setup. Cancel anytime.
Did You Know?
You can reduce Invoice Reconciliation costs by 80% with KlearStack AI.
Did You Know?
KlearStack can integrate with your existing systems instantly!
Did You Know?
KlearStack AI makes loan processing 300% faster with 99% Data Verification Accuracy.
We use cookies to make sure our website works well for you. You consent to our cookie policy by continuing to use this website.