Invoice Processing Automation [DEMO]
The video shows how artificial intelligence (AI) can be used to extract data from invoices and automate the workflow process. The process involves using an AI algorithm to scan and recognize the relevant information on the invoice, such as the date, amount, and vendor information. Once the data is extracted, it is automatically entered into a digital system, eliminating the need for manual data entry and reducing the risk of errors. Streamlining the invoicing process saves time and resources for businesses. It also highlights the potential for further automation by integrating the invoice data with other business systems, such as accounting software or Finance ERPs.