No, Invofox is more than just an OCR tool. While traditional OCR only extracts text, Invofox uses AI, Natural Language Processing (NLP), and data verification to understand context and structure information from complex documents.
For example, if you process an invoice with multiple line items, standard OCR might extract raw text but won’t recognize key details like product names, quantities, or mismatched totals. Invofox, however, intelligently categorizes each item, cross-checks calculations, and flags discrepancies, ensuring the data is accurate and ready for use without the need for manual intervention.
