Frequent asked questions
English
Spanish
Login

Receipt OCR

for data extraction

Extract and verify thousands of receipts in less than 30 seconds!

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 >>
Classifier >>
Data Extraction & Verification >>
Intelligent Parsing >>
Expert Correction (HITL) >>

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 Ticket 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 does Invofox work?
Can Invofox’s OCR extract data from handwritten receipts?
Can Invofox’s OCR extract line-item details from receipts?
Can Invofox match invoices with receipts?
Can I customize the receipt processing workflow?
How fast can Invofox process receipts?
Does Invofox support bulk receipt processing?
How accurate is Invofox’s receipt OCR extraction?
Does Invofox’s OCR work with receipts in different languages?
Is Invofox’s OCR receipt processing secure?
How is Invofox priced?
Is there a free trial available?

Other Documents We Can Process

Invoices

Extract relevant information like invoice number, dates, total amounts, vendor details, line items and more.

Purchase Orders

Extract information like buyer details, supplier details, order date, delivery date, items ordered and more.

Bill of Lading

Extract relevant information like shipper details, consignee details, shipment date, destination and more.

Checks

Extract relevant information like payee's name, date, amount, bank details and more.

Pro-Forma Invoice

Extract relevant information like vendor name, vendor tax ID, invoice number, invoice date and more.

Utility Bills

Extract relevant information like account holder name, account number, billing period, usage details and more.

Receipts

Extract information like merchant name, dates, tax details, items purchased, payment method and more.

Payslips

Extract information like deductions, payment details, tax IDs and more

Stay tuned for new document types

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.

Company

HomeAbout UsBlogContactCareersTrust center
ProductData VerificationHITLEmbed-InvofoxInvofox at ScaleOCR vs IDPCustom Docs

Solutions

AccountingSustainability

Document types

InvoicesReceiptsChecksPro-Forma InvoicesPurchase OrderUtility BillsBill of LadingPayslips