Invoice (International)

Verified by ABBYY

The Invoice document skill is an AI extraction model designed to accurately and efficiently capture key data points from invoices of all types and formats from over 30 countries across Europe such as Germany, Switzerland, France, Italy, the Netherlands, as well as India. The model has been trained on a very large set of documents from all supported countries. 

The AI extraction model for invoices is built with efficiency in mind, significantly reducing the time and effort required for invoice processing. By automating repetitive tasks and eliminating manual data entry, your team can focus on more strategic initiatives, driving productivity and freeing up valuable resources.

The Invoice documents skill offers unmatched accuracy, efficiency, and flexibility - a game-changer for organizations looking to streamline their invoice processing operations.

Benefits
  • Pre-trained model that automatically detects key fields on the invoice and extracts relevant data (invoice date and number, vendor, PO, amounts, sales taxes, line items, etc.). For a full list of extracted fields, please see the skill documentation.
  •  Receives and processes invoices in a variety of input formats - scanned images, PDFs, etc.Provides exceptional accuracy of OCR conversion and data extraction.
  • Detects Business Unit, Vendor and Purchase Order automatically, or allows to match against an existing data catalog for optimal accuracy.
  • Includes tax schemes and business rules specific to the individual regions. Performs automatic validations such as required fields, tax amount calculation etc. Further business rules can be added as individually required.
  • Can be augmented by human-in-the-loop review and verification based on accuracy thresholds, missing or incorrect information. The system learns from human interaction and constantly improves the model over time.
  • Allows further training of the model based on customer documents in real time. Over time significantly improves straight-through-processing rates and reduces the need for human interaction.
  • Can be combined with the Document Splitter Skill for Invoices to handle files including multiple invoices. 
 
Processes with this document
Transfer data to other systems
Related skills
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Contributor:
ABBYY
Published:
6 November 2020
Last updated:
7 May 2024
Purchase terms
Paid
Specifications
Bulgarian, Croatian, Czech, Danish, Dutch, English, Estonian, Finnish, French, German, Hungarian, Italian, Latvian, Lithuanian, Norwegian (Bokmal), Polish, Portuguese, Romanian, Slovak, Swedish, Turkish, Ukrainian
Austria, Belgium, Bulgaria, Croatia, Czech Republic, Denmark, Estonia, Finland, France, Germany, Hungary, India, Ireland, Italy, Latvia, Lithuania, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Sweden, Switzerland, Turkey, United Kingdom, Moldova, Cyprus
Production