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Solutions
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Invoices

Data extraction from invoices.

Evolution AI makes it quicker to process invoices for accounts payable, cutting costs and reducing errors at the same time. Our proprietary AI algorithms are able to identify the key data-points from each document, automatically, for fast and accurate data extraction. Oh, and Evolution AI can extract from purchase orders and delivery notices, too.

In Partnership with
The Challenge
Data extraction from invoices in PDF format (or scans) is time-consuming. Automation using traditional OCR is cumbersome and error-prone, requiring human involvement to order to correct the inevitable errors. Customers want an easy and cost-effective method of automatically processing their invoices.
The Solution

Evolution Invoice offers a simple solution to invoice processing. All data is captured cleanly and accurately - even from foreign language documents. Data is guaranteed on to be at least 99.9% accurate, including line-items, saving costs and avoiding wasted time on error correction.

Our customers typically save 75% of costs compared to manual processing. We provide more reliable data for lower costs. Integration is offered for existing ERP and accountancy systems. We also support RPA platforms such as UiPath, Automation Anywhere and Blue Prism, allowing complex workflows including automated extraction of invoices from emails.

What can we extract?

Line Items

Net Total

VAT/ Tax

Other Costs

Rebates

Gross Total

Total Due

Financial Details

Line Items

Net Total

VAT/ Tax

Other Costs

Rebates

Gross Total

Total Due

Invoice Details

Invoice Number

Invoice Date

Due Date

Payment Terms

PO Number

PO Date

Order Number

Order Date

Seller Details

Company Name

Company Address

Account Number

Sort Code

Company Number

VAT Reg Number

Benefits of Evolution.AI

Benefit 01

Evolution AI makes it quicker to process invoices for accounts payable, cutting costs and reducing errors at the same time. Our proprietary AI algorithms are able to identify the key data-points from each document, automatically, for fast and accurate data extraction. Oh, and Evolution AI can extract from purchase orders and delivery notices, too.

Benefit 02

Evolution AI makes it quicker to process invoices for accounts payable, cutting costs and reducing errors at the same time. Our proprietary AI algorithms are able to identify the key data-points from each document, automatically, for fast and accurate data extraction. Oh, and Evolution AI can extract from purchase orders and delivery notices, too.

Benefit 03

Evolution AI makes it quicker to process invoices for accounts payable, cutting costs and reducing errors at the same time. Our proprietary AI algorithms are able to identify the key data-points from each document, automatically, for fast and accurate data extraction. Oh, and Evolution AI can extract from purchase orders and delivery notices, too.

Read more about

Invoices

in this case study