Affinda’s machine-learning technology automates invoice data parsing — giving you more time to focus on growing your business.
Affinda’s world-class AI is a step up in terms of Computer Vision, NLP (Natural Language Processing) and Machine Learning. Here’s why you should pick Affinda’s enterprise-grade invoice OCR solution:
Affinda’s AI invoice processing software can be used to extract more than 50 fields from each invoice or document, organizing them into searchable file formats. Fields being extracted include:
Our invoice parsing algorithm is trained on real-world data from hundreds of thousands of actual invoices. We regularly benchmark our API’s performance against a variety of competitors — and Affinda’s speed and accuracy are ahead of the pack.
With every batch of invoices it parses, Affinda’s invoice extraction deep learning algorithm gets even smarter. You can check the results, modify data points, and mark any errors. Our AI actively learns and adapts according to your input — continually improving its own accuracy.
Just a single API call is all you need to start the process of automated extraction from entire batches of invoices. Our algorithm handles bulk processing for the entire batch — then returns your data in an easily searchable format.
Our machine-learning algorithm accurately pinpoints and extracts the fields you want, adapting to each invoice’s unique visual layout — so you’ll never have to worry about invoice templates or supplier invoicing rules again.
In brief, it is a technology used to extract information from an invoice.
Modern invoice parsers leverage multiple AI neural networks and data science techniques to extract structured data. Typical fields being extracted may include the vendor’s company name and address, the invoice number and date, the purchase order (PO) number, the item/SKU data, payment data and due date — plus much more. Our invoice extraction tools can be integrated into a software platform, to provide near real time automation.
Just upload your invoices in bulk, in any common image or text format, such as .pdf, .doc, .docx, .odt, .png or .jpg. When parsing is complete, you’ll receive a comma-separated value (CSV) file containing the extracted text fields, which you can import into your accounting software. That’s all there is to it!
Absolutely! Our pro invoice extraction tool includes a Viewer tool, which allows you to navigate each parsed invoice line-by-line and correct any mistakes. In fact, Affinda’s invoice data extraction algorithm actively learns from every correction you make, so its accuracy will continue to improve the more you teach it.
Yes! Once you’ve purchased our professional invoice parsing software, we’ll provide you with a link to a web interface you can access from any browser. Once you’re logged in to that interface, you’ll be able to upload files directly, just like with our free web-based invoice extraction service — except you’ll have the full functionality of our pro solution, including the ability to upload Excel spreadsheets (.xls) and receive parsed results in .csv and .xls formats.
We currently offer integrations with Xero and QuickBooks, and plan to provide integration capabilities with additional platforms in the future. We’re also happy to customize our API to meet the integration requirements of your organization’s platform of choice. Click here to talk to our development team about a solution tailored for your business!
The free web version only accepts invoices in English. Our full enterprise-level invoice parsing API can work with 13+ languages. If you’d like us to add recognition capabilities for additional languages, click here to talk to our development team about a custom solution for your organization or platform.
Our free online invoice parser accepts .pdf, .doc, .docx, .odt, .png and .jpg formats. Our professional API also includes support for Excel (.xls and .xld) spreadsheets.
To make sure all our users enjoy an optimal experience with our free online invoice data extractor, we’ve limited bulk uploads to 25 invoices at a time. However, if you’re interested in an automated solution with an unlimited volume limit, simply get in touch with one of our AI experts by clicking this link.
Our free online invoice extractor will process all uploaded invoices in a matter of seconds. To save you the trouble of waiting for your results, we’ll email you the output as soon as it’s ready — typically within 10 minutes. If you’re looking for an even faster solution that can handle more bulk uploads and integrate directly into your platform, get in touch with one of our AI experts here.
We’d be happy to build you an invoice parsing tool with custom fields specific to your industry or job role. Just click here to get in touch with our development team!
Yes! In fact, one of our invoice reader’s key value-adds is that it eliminates the need for costly, time-consuming manual data entry. Our advanced machine-learning AI can easily recognize text fields on scanned invoices, greatly streamlining the process of collecting invoice data. This technology is known as Optical Character Recognition (OCR) and is essential for accurate invoice parsing.
Yes! We offer invoice extraction SDKs in Python, .NET, nodeJS, and Java. If you’re interested in a custom invoice parsing SDK for your enterprise, our development team is here to help — just click here to get in touch.
OCR stands for Optical Character Recognition. Affinda’s software uses OCR to convert an image that doesn’t have text data — such as an invoice — into a file that is machine-readable. What’s more, our machine-learning algorithm learns from every corrected mistake, so our OCR becomes more accurate the more it’s used!
Our invoice reading functionality is designed to be flexible, easy to integrate, and simple enough to white-label. Click here to get in touch with our sales team and discuss licensing within your app or platform.
Affinda makes it a priority to comply with current data protection regulations. We store all extracted invoice data in a secure location, and encrypt it to prevent it from being read by unauthorized parties. You’ll find more details here.
We’re a passionate crew of developers, data scientists and AI engineers, on a mission to bring machine learning to the masses. We believe intelligent document processing solutions should be easy, affordable, and accessible to businesses of all sizes — so that’s exactly what we build every day.
This HR technology AI model is just one of the many applications of Affinda. Our technology can be leveraged across a range of industries and applications, to automate time consuming manual processes.