Q.What is invoice data extraction and how does your AI solution work?
A.Our software automates the task of extracting specific data from large batches of invoices to Excel spreadsheets. It uses the latest AI to understand document context and intelligently extract data regardless of format or layout, without needing templates.
Q.How does your invoice extraction tool compare to traditional OCR methods?
A.Our AI-powered software achieves 99%+ accuracy across diverse invoice formats, significantly outperforming traditional OCR (typically 60-80% accuracy) by understanding invoice semantics rather than just recognizing text.
Q.Can I extract data from PDF invoices directly to Excel?
A.Yes, you upload PDFs, specify data in plain language, the AI processes them (approx. 12 seconds per page), and you download a structured .xlsx spreadsheet ready for financial analysis or accounting system import.
Q.Is my data secure when using your invoice extraction service?
A.Yes, security is fundamental. Measures include enterprise-grade encryption, secure cloud storage on U.S.-based servers, Cloudflare security, automatic deletion of source documents after 48 hours, user access controls, and no third-party data sharing.
Q.Can I use your invoice extraction tool for free?
A.Yes, you can use it for free after creating an account, with no credit card required. You can process 50 pages per month for free to experience its features and accuracy.