Ocr Invoice Processing Definition
An OCR invoice processing system is a software that can read and process invoices in PDF or image format. This type of system can extract critical data from invoices, such as the vendor name, invoice number, invoice date, and line items. This information can then be used to generate reports, track spending, and manage payments.
An OCR invoice processing system can save businesses a lot of time and money by automating the process of extracting data from invoices. This type of system can also help businesses avoid errors and improve their overall efficiency.