The need to extract data from an invoice
Offices receive dozens of invoices on a regular basis, too many to handle manually. In a given week, a business might receive so many invoices that it requires a significant amount to time and effort to keep up with the workload and process all of them accurately. Therefore, there is a great need for software that can extract data from an invoice automatically, saving the businessâ€™s resources for other tasks.
How to extract data from invoice
To extract data from an invoice, you need document management software. Document management software makes use of the relatively uniform format of most invoices to classify incoming documents and extract relevant information. If you have document management software, all you need to do is scan incoming invoices, and the information within them can be extracted and sorted into a spreadsheet.
Software to extract data from invoice
To extract data from invoices, you can use Trapeze from CVISION, which was designed for maximal accuracy and flexibility. In addition to classifying document types and extracting information from data fields, Trapeze can reconcile incoming information with data that is already in the system, ensuring the greatest possible accuracy. To learn more about Trapeze, download a free brochure or contact CVISION.