GO PAPERLESS AND MANAGE YOUR TRANSACTIONS WITH BOLDPARSER
Cut down costs, save time and minimize human error with our AI Invoice Automation Solution.
BOLDParser is an advanced AI solution that allows businesses to automate their incoming invoices through an intelligent data capture technology that extracts the fields from the documents and creates the corresponding transactions in the ERP system accordingly.
BOLDParser reduces manual intervention in invoice processing, thus reducing the likelihood of human error. This seamless processing of invoices ensures improved operational efficiency. BOLDParser is built using Artificial Intelligence invoice automation, enabling the model to be trained on non-compliant formats.
BOLDParser can be integrated with any business applications and ERP systems such as Dynamics 365, SAP, Salesforce, Oracle NetSuite, etc.
Your job as a member of the account payables team is not to manually enter invoices all day, not anymore. Try BOLDParser!
When your accounts payable is not automated, your resources are probably spending all their time managing data entry, finding lost documents, or perhaps running around to get approvals and confirmations. Companies rarely have time or resources to focus on financial growth with such inefficient financial coding.
Now you can streamline and automate the accounts payable process with AlphaBOLD’s artificial intelligence invoice automation solution that allows you to manage invoices effortlessly.
BOLDPARSER AI FOR INVOICE AUTOMATION FEATURES
AI-Enabled Automation
Seamless Integration
Reduced Human Error
Cost-Efficient
Improved Operational Efficiency
Multi-Channel Support
READY TO FIND OUT MORE ABOUT OUR AI SOLUTIONS?
Finding top technology solution experts doesn’t have to be a challenge! Register for a free demo on our AI invoice automation solution with us! Find out first-hand how you can get complete visibility into payables with a seamless invoice capture system and an automated approval workflow for both desktop and mobile devices.
How does it work?
Step 1: Multi-Channel Support with Our AI Solutions
The invoices are sourced through emails, scanned PDF documents, images, or any online file synchronization service such as Google Drive, OneDrive, Amazon S3, etc.
Step 2: Processing
Automated Invoice Processing has three sub-steps:
- Pre-processing: Data is extracted from the invoice using OCR or Libraries and then cleaned to remove unwanted data.
- AI-based Text Detection and Extraction: BOLDParser then detects and extracts fields like invoice number, invoice date, invoice total, line items, etc., from the clean invoices.
- Mapping Transformation: These data fields are then turned into entities as per the requirement of the ERP system or business system in use.
Step 3: Integration
After the text extraction, BOLDParser then creates the invoice in the given ERP system. BOLDParser can be easily integrated with SAP, SalesForce, Dynamics 365, Oracle NetSuite, etc.
YOU CAN BENEFIT FROM OUR EXPERIENCE WITH AI INVOICE AUTOMATION SOLUTIONS
We can estimate the effort to build your solution based on experience with similar projects. Get in touch to learn how we helped similar customers…
LATEST FROM EXPERTS
AUTOMATED INVOICE PROCESSING – GUIDE
This blog discusses the need to automate the invoice process and the different challenges faced in the automation process.
