Automate

Utility Bill

Processing

Intelligent Bill Extraction and Verification. Streamline Expense Tracking.

The software for Utility Bill processing

Enhance your ESG (Environmental, Social, and Governance) report with the data extracted by Invofox. Ensure the integrity of your environmental impact report using our software solution to measure your carbon footprint and other indicators. Extract key information, track expenses, and gain valuable insights on energy consumption, by parsing each line of your bills.

Extract and verify all essential fields

Service address

Supply number

Meter number

Total usage

Usage unit of measurement

Previous reading

Current reading

Adjustment

Usage

...

Why choosing IDP over Standard OCRs

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

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.

Lets Talk!

90% less paper

Our technology helps you cutdown on paper use.

85% increased productivity

Saving you time and mental energy to focus on more valuable tasks

99.9% Accuracy rate

We are constantly working on our product to maintain the highest standards.

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