Automate Procure-to-Pay with Fast and Accurate Invoice OCR API
Optimize your Procure-to-Pay (P2P) process with PTAS AI advanced invoice OCR technology.
Our AI-powered solution automatically extracts and verifies data from invoices, purchase orders, goods receipts, and other key documents—ensuring end-to-end accuracy across the procurement life-cycle. By leveraging automated invoice matching and document validation, PTAS AI reduces manual errors, detects fraud, and ensures financial compliance. Transform your P2P workflows with faster processing, real-time insights, and improved transparency.
Invoices Effectively with Invoice OCR API
Maximize real-time efficiency and accuracy in your invoice automation with Invoice
OCR API. From receiving invoices to processing payments, our advanced AI-driven OCR
technology streamlines every step of the accounts payable process.
By leveraging machine learning, PTAS AI can process invoices in just seconds, reducing
manual errors and automatically booking up to 95% of invoices. Seamlessly integrated into
your accounts payable system, PTAS AI accelerates finance workflows, streamlines
processes, and ensures correct reporting. By integrating our invoice OCR API, businesses
can accelerate their finance operations, reduce costs, and improve overall productivity,
fueling growth and financial transparency.
Our Invoice OCR Features
Digitize and manage invoice effortlessly with OCR automation.
Automated Line Item Matching
Automatically matches purchase order line items with corresponding invoices and receiving documents, ensuring consistency and accuracy.
Real-Time Discrepancy Detection
Identifies discrepancies at the line item level in real-time, allowing for quick resolution and minimizing manual interventions.
Advanced AI and Machine Learning Algorithms
Uses sophisticated AI and machine learning models to learn from past data and improve matching accuracy over time.
Integration with ERP Cloud Systems
Seamlessly integrates with leading ERP cloud solutions, enhancing existing procurement and accounting workflows.
Customizable Workflow Configurations
Tailors matching rules and thresholds according to specific business requirements, ensuring flexibility and adaptability.
User-Friendly Dashboard and Reporting
Provides a comprehensive dashboard and detailed reports to monitor matching statuses, discrepancies, and resolutions.
Our Industry Expertise
We've refined our expertise across industries to deliver solutions that drive meaningful results
Finance
Healthcare
Manufacturing
Logistics
Retail
Hospitality
Why Businesses Choose Us
Enterprises trust our Invoice OCR for efficiency, fraud prevention and seamless integration.
Enhanced Accuracy and Efficiency
Reduce manual effort and human errors in matching processes.
Faster Resolution of Discrepancies
Quick identification and resolution of discrepancies improve supplier relationships and prevent payment delays.
Fraud Prevention and Compliance
Helps in detecting fraudulent activities and maintaining compliance with internal controls and regulatory requirements.
Scalable Solution
Grows with your business needs, accommodating increasing transaction volumes without compromising performance.
ISO Certified Security
ISO 27001-certified security management ensuring your data and systems are always protected.
Our Invoice OCR Works
PTAS AI integrates with your ERP cloud to automate the procure-to-pay workflow.
Upload Your Invoice
Upload invoice in any format—PDFs, scanned images, mobile photos, or digital files—through the web portal or API.
Invoice OCR Processing
PTAS AI uses advanced OCR and machine learning to detect, extract, and understand key information like invoice no, invoice date, purchase order no, purchase date, total amount, tax, and payment method.
Automatic Data Validation
The system validates extracted data to ensure accuracy, completeness, and consistency—reducing the need for manual checks.
Structured Output
Receive clean, structured data in your preferred format (JSON, CSV) for easy integration into ERP, accounting, or expense systems.
Generating Alerts and Reports
Providing actionable insights and alerting users to any mismatches or potential fraud.
Seamless Integration
Use our developer-friendly API to plug directly into your existing financial systems, automating the receipt-to-report workflow.
Frequently Asked Questions (FAQs)
6-way matching is a process that compares the purchase order, receipt of goods, and the supplier's invoice to ensure they match before a payment is processed. This process helps prevent errors and fraud.
PTAS AI system is designed to seamlessly integrate with various ERP cloud solutions, importing data directly from the ERP, performing automated matching, and updating the ERP system with resolved transactions.
The key benefits include increased accuracy and efficiency, faster resolution of discrepancies, improved fraud prevention, and scalability to handle growing transaction volumes.
Yes, PTAS AI offers customizable workflow configurations, allowing businesses to tailor matching rules and thresholds according to their specific requirements.
The AI and machine learning algorithms used in PTAS AI solution learn from historical data, continuously refining their accuracy in matching and discrepancy detection.
While the solution is user-friendly, PTAS AI provides comprehensive onboarding and training sessions to ensure users are comfortable and proficient in using the system.