Invoice Processing Automation

What is Invoice Processing Automation?

Doc Dog is an Intelligent Document Processing platform that utilizes pre-trained AI models for extracting data from invoices and receipts. Users can upload documents, review, validate, edit, and approve the extracted data, which can then be exported to accounting systems via a webhook. The platform's OCR feature scans invoices to extract text and numeric data, enhancing the speed and accuracy of invoice processing. Additionally, Doc Dog offers Document AI solutions for automated data extraction, including video content analysis for applications like video surveillance and fire detection. The platform supports various document formats and provides options for workflow automation through RPA tools like Process Bot.

Who created Invoice Processing Automation?

Doc Dog was created by Intelgic Inc. The platform was launched on March 26, 2023. Intelgic Inc. is a renowned manufacturer of automotive oil and lubricants that specializes in providing automation solutions for various processes, including invoice processing using pre-trained AI models.

What is Invoice Processing Automation used for?

• Extract data from invoices using AI and integrate existing accounting software
• Automatically collect invoices from email and folders
• Manually review, validate, edit, and approve extracted data
• Fraud invoice detection and validation
• Duplicate invoice detection
• Track invoice payment
• Match invoice with purchase orders, shipping documents, and receipts
• Automate repetitive and mundane invoice processing steps with RPA
• Process invoices and receipts in real-time
• Streamline accounts payable process through end-to-end automation
• Extract data from invoices using AI and integrate with existing accounting software
• Match invoice with P.O
• Match invoice with shipping documents
• Match invoice with receipts
• Automate repetitive and mundane steps with RPA
• API for developers to integrate invoice processing AI model into AP system or ERP
• Extract data from invoices and integrate with accounting software
• Automatically collect and process invoices from email and folders
• Detect fraudulent and duplicate invoices
• Track invoice payments
• Match invoices with purchase orders, shipping documents, and receipts
• Automate repetitive and mundane invoice processing steps
• Manage line items on invoices
• Ensure data security for invoices and receipts
• Integrate with existing systems through webhooks
• Support workflow automation through RPA and Process Bot
• Match invoice with purchase orders
• Invoice data extraction from PDFs, scanned documents, and images

Who is Invoice Processing Automation for?

• Accountants
• Financial Analysts
• Procurement professionals
• HR Professionals
• Finance professionals
• Security professionals
• Safety professionals
• Accounting professionals

How to use Invoice Processing Automation?

To use Doc Dog for Intelligent Document Processing, follow these steps:

1. Upload Documents: Begin by uploading your invoices and receipts to the Doc Dog platform.

2. Review and Validate: Review the extracted data from the invoices and receipts, validate its accuracy, and make any necessary edits.

3. Approval Process: Approve the extracted data once you are satisfied with its accuracy.

4. Export Data: Export the processed data to your accounting system through a webhook for seamless integration.

5. Utilize AI Models: Doc Dog integrates pre-trained AI models for data extraction, including OCR technology for efficient extraction of text and numeric data.

6. Workflow Automation: Take advantage of the RPA capabilities for workflow automation, boosting efficiency with automated processes.

7. Manage Line Items: Use the platform to manage line items on invoices, providing flexibility and convenience in accounting.

8. Data Security: Doc Dog ensures data security by storing minimal data for learning purposes and complying with international guidelines.

9. Continuous Improvement: Benefit from the AI model's constant learning, resulting in increased accuracy over time.

10. Integration: Seamlessly integrate Doc Dog with existing systems through webhook capabilities, streamlining the entire process.

By following these steps, you can efficiently utilize Doc Dog for Intelligent Document Processing and streamline your invoice and receipt handling processes.