Purchase Order Processing
Automating purchase orders data extraction is easy with ABBYY Vantage AI OCR pre-trained skill. Process POs with high accuracy and speed and reduce risks of manual data entry.
The Vantage Purchase Order EU Document Skill is a production-ready skill processing purchase orders from Germany, France and Spain.
A purchase order (PO) serves as the cornerstone of any transaction, representing the initial offer made by a buyer to a seller, outlining crucial details such as product types, quantities, and prices. Our Purchase Order Skills are a pivotal component within any accounts payable / accounts receivable process automation.
The skill has been trained on a large document set from the supported regions and is capable of handling regional requirements, a variety of input formats and extracting key data points from documents in 4 languages with high accuracy. The extracted data can then be passed on to business systems and processes managing order entry, invoicing and delivery. Processing purchase orders in Vantage can be further improved by adding a manual review and verification step.
Designed with efficiency at its core, our AI model revolutionizes purchase order processing, minimizing time and effort required. By automating mundane tasks and eliminating manual data entry, your team is empowered to focus on strategic initiatives, driving productivity and optimizing resource allocation.