Lot of effort of the finance and accounting teams is wasted in repetitive and error-prone tasks of processing vendor invoices. It takes necessary resources from the critical parts of the procure-to-pay cycle. 

IN-D Payables combines an artificial intelligence (AI) enabled invoice capture and digitization with manual checks further assisted by the AI to ensure up to 80% reduction in costs while improving process controls at the same time. 

IN-D Payables automates the followings steps:

1. Capture/Upload invoices any file format – PDF (scans or readable), images (any format)

2. Digitizes and extracts header information (vendor details, tax number etc.) and tabular information (quantity, price, taxes etc.)

3. Provides invoice-wise and field-wise confidence level on extracted data

4. Rapid validation with markers for each field extracted

5. Output available in required data formats and APIs for integration with downstream systems