
What to look for in the Best PDF Invoice Parser?
I've been thinking about starting using PDF Invoice Parser, so these are some key features to look out for in a PDF invoice parser I've learned about these days on Affinda.
Machine Learning - There are invoice parsers available that use machine learning algorithms to learn from their mistakes, resulting in them being able to parse many data sources and become more accurate over time.
Optical Character Recognition - An OCR invoice parser is one that uses optical character recognition to take images lacking text data and turn them into digital files.
Natural Language Processing - This results in more efficient and effective invoice processing that seeks to understand the text and sort invoice fields correctly.
Artificial Intelligence - Many parsers struggle to adapt and fail to complete information extraction from nonstandard invoice formats. That’s why you need a parser that leverages document AI to analyze the template and extract structured data no matter what invoice layout is used.
Different Types Analysed - For example, you might receive a mailed invoice or Word document. You need a parser that can analyze and get extracted data from any format of the supplier invoice.
So, is this enough information and benefits for me to choose this product? I guess so, I've even heard great stuff about it, but I would love to share all of this with you and maybe some of you already had any experience to share with all of us.
Have a nice day, guys!
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