Ap Automation Software For Small Business
Unleash the Power of Data: Invoice Data Extraction Imagine a world where invoices aren’t just stacks of paper or digital clutter. A world where crucial information is instantly accessible, ready to be transformed into actionable insights. This is the promise of invoice data extraction, a game-changer in the realm of accounts payable (AP). Let’s dive deep into this magical process. What is Invoice Data Extraction? Best Accounts Payable Software for Small Business: Complete Think of invoice data extraction as a skilled detective, meticulously examining each invoice to uncover vital details. This digital sleuth extracts essential information such as invoice number, date, vendor name, amount due, and more. But it doesn’t stop there. It transforms this raw data into structured, usable formats like spreadsheets or databases. How Does it Work? The process is a harmonious blend of technology and human expertise. 1. Invoice Uploading: Invoices, whether physical or digital, are fed into the system. 2. Optical Character Recognition (OCR): This is …