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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.

Our platform is pre-trained on 25 million documents, so it can learn to read new

Invoices

without substantial additional training.

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