😻 OCR AI agent to capture invoices data
Eliminate the hours of Data Entry with our OCR AI invoice Processing Software
Our AI invoice process software can save your team 40% of their time. Processing invoice automatically.
Try for free no credit card required.
Systematizes invoices document processing with Tapinvoices
Upload any type of invoice document, from PDF, images, or emails, from inboxes, scanners, or other document management systems into Tapinvoices.
Invoicing Process Automation
Invoicing Process Automation seamlessly extract invoice data from your business system into your ERP, so you can save time and money while improving accuracy and reducing the risk of fraud.
Reducing labour-intensive intervention
focus on automation, streamlining processes, and leveraging technology to minimize manual tasks and enhance efficiency, ultimately leading to cost savings and improved outcomes.
Recognizing common invoice elements
Recognizing common invoice elements include the invoice number, date, seller and buyer information, a description of goods/services, quantities, unit prices, total amount due, payment terms, and due date.
Automated invoice processing Steps
Automated invoice processing streamlines the accounts payable workflow, moving from manual data entry to digital capture, validation, and routing for approval and payment.
Streamline financial Management
Automating financial reports streamlines the process, saving your finance team time and effort. It also improves the accuracy of key reports by eliminating the potential for human error.
Speed, accuracy, and scalability
Speed, accuracy, and scalability are crucial factors in various fields, especially in invoice processing, representing the ability to perform tasks quickly, correctly, and handle increasing demands, cut down on administrative work, and get paid faster.
Optical Character Recognition (OCR) and AI to automate
the process of extracting key data from invoices, streamlining accounts payable and improving financial accuracy.
Receive Invoices
Invoices can arrive via email, mail, or be uploaded digitally.
Data Extraction
Software uses OCR (Optical Character Recognition) to extract key data like invoice number, date, supplier details, item descriptions, quantities, and amounts.
Accuracy Checks
The system verifies the extracted data for accuracy and consistency with company standards and regulations.
Purchase Order Matching
The system compares invoice details against corresponding purchase orders to ensure accuracy.
Three Ways Matching
Thus, the "three-way match" concept refers to matching three documents,
the invoice, the purchase order, and the receiving report - to ensure that a payment should be made. The procedure is used to ensure that only authorized purchases are reimbursed, thereby preventing losses due to fraud and carelessness.
Accounts Payable Process
The Accounts Payable (AP) process is a crucial component of financial operations for any organization,
It involves managing the payment of outstanding invoices and other financial obligations to vendors, suppliers, and creditors.
Accounting System Integrations
Accounting system integrations involve connecting different financial tools and platforms to streamline financial processes and improve efficiency,
This integration allows businesses to automate tasks, reduce manual data entry, and gain a more comprehensive view of their financial health. By connecting various modules like accounts payable, accounts receivable, and payroll, businesses can ensure data consistency and reduce error.
Remotely Maintain Your Data, From Anywhere, Anytime.
Join With Us Today & Increase Your Productivity
Tapinvoices OCR AI invoice processing software enables you to extract data easily, efficiently, and accurately.
