Unlock the Power of Invofox’s Receipt OCR

Extract Receipt Data

Eliminate manual entry with AI-powered OCR. Capture merchant names, dates, amounts, taxes, and payment methods instantly from PDFs, scans, or digital files.

Speed Up Expense Approvals

Automate receipt validation and expense approvals with custom workflows, instant notifications, and fast stakeholder approvals.

Track & Reimburse Expenses

Categorize receipts by expense type, department, or project to simplify reimbursements and ensure accurate financial reporting.

Sync with Accounting Systems

Integrate receipt data with ERP, accounting, and expense tools like QuickBooks, SAP, Holded, and NetSuite.

Ensure Tax Compliance

Extract VAT, GST, and other tax details automatically. Keep structured, searchable records for tax compliance and audits.

Prevent Duplicate Claims

Detect and flag duplicate receipts or inflated claims before reimbursement, ensuring compliance with company policies.

Extract and verify all essential receipt fields

Merchant Name

Transaction Date

Receipt Number

Itemized List of Purchases

Unit Price

Merchant Address & Contact Details

Discounts and Promotions

Quantity

Taxes

Total Amount

Subtotal

Payment Method

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.

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.

Receipt OCR

for data extraction

Unlock the Power of Invofox’s Receipt OCR

Extract Receipt Data

Speed Up Expense Approvals

Track & Reimburse Expenses

Sync with Accounting Systems

Ensure Tax Compliance

Prevent Duplicate Claims

Extract and verify all essential receipt fields

Key Capabilities of Invofox

PDF Splitter

Classifier

Data Extraction & Verification

Intelligent Parsing

Expert Correction (Human-in-the-Loop)

Why Choose Invofox over Standard Ticket OCR

Frequent Asked Questions

Other Documents We Can Process

Invoices

Purchase Orders

Bill of Lading

Checks

Pro-Forma Invoice

Utility Bills

Receipts

Payslips

Stay tuned for new document types

How do we achieve the excellence?

Advanced Processing Solution

Handling Edge Cases & Complexities

Boosting Data Quality Metrics

Unlocking Granular Control

Ready to see it in action?