Frequent asked questions
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Pro-Forma Invoice OCR

for data extraction

Extract and verify thousands of pro-forma invoice orders in less than 30 seconds!

Unlock the Power of Invofox’s Pro-Forma Invoice OCR

Extract Pro-Forma Invoices

Eliminate manual entry with AI-powered OCR. Capture key details from PDFs, scans, or digital files, delivering structured data instantly.

Speed Up Approvals

Automate pro-forma invoice routing to the right stakeholders, enabling quick approvals with custom workflows and notifications.

Match Invoices with POs

Verify pricing, quantities, and supplier details by matching pro-forma invoices with POs and contract terms before finalizing transactions.

Sync with ERP & Accounting

Integrate invoice data with ERP, accounting, and procurement systems, eliminating manual uploads and reconciliation.

Automate Currency & Tax Calculations

Apply exchange rates, VAT, and sales tax rules automatically, ensuring compliance with regional tax regulations.

Ensure Compliance & Audit Readiness

Maintain structured digital records of pro-forma invoices, generating audit-ready reports effortlessly.

Extract and verify all essential pro-forma invoice fields

Invoice Number

Invoice Date

Vendor Name

Vendor Tax ID

Vendor Address

Due Date

Tax Rates and Amounts

Line Item Details

Total Amount Due

Receiver Name

Receiver Tax ID

Receiver Address

and more...

Key Capabilities of Invofox

PDF Splitter

Automatically split PDFs into structured, meaningful section to reduce manual workloads and improve organization.

Classifier

Leverage AI-powered classification to categorize financial documents instantly, ensuring accurate processing within your ERP.

Data Extraction & Verification

Accurately extract key financial data and verify it against trusted sources to eliminate errors before processing.

Intelligent Parsing

Transform unstructured data into structured formats to enable seamless integration with your financial systems.

Expert Correction (Human-in-the-Loop)

Ensure the highest accuracy with human-assisted verification when it comes to complex document processing tasks.

Why Choose Invofox over Standard Purchase Order OCR

Accuracy Rate
Technology
Document Processing Time

(+1,000 documents)

Proccess Automation
API Integration
Advanced Data Extraction
Self Learning System
Real-time suggestions
+99.92%
OCR + AI + Machine Learning
Under 30 seconds
End-to-end workflow automation
OCR
60% to 85%
OCR
Up to 2:30
Limited

Frequent Asked Questions

How do we achieve the excellence?

Extracting high-quality data from documents is crucial, but sometimes basic extraction methods fall short. This is where Invofox comes in as a super-hero to scale up the data verification. The platform automates document processing by combining high-performing AI models, detecting fields further than just parsing documents, and knocking out any regular OCR.

Advanced Processing Solution

Programmatic Rules allow you to go beyond basic extraction capabilities. Define custom rules based on the specific format and structure of your documents. This ensures you capture the exact data points you need, minimizing errors and inconsistencies.

Handling Edge Cases & Complexities

Real-world documents often come with variations and inconsistencies. Define specific logic to understand and process missing fields, variations in formatting, or unexpected data patterns.

Boosting Data Quality Metrics

We significantly improve data quality metrics like precision (extracting only relevant data) and recall (capturing all relevant data). This translates to cleaner, more reliable data sets for your product.

Unlocking Granular Control

Gain complete control over your data extraction process. Define custom logic for exclusive scenarios, ensuring you capture the information that matters most.