Accomplish more with hours of saved time
Improve OCR invoice processing and approval times by up to 85%
Save precious time with our proven AI-powered intelligent invoice OCR software that can extract and digitise invoices, automate the reconciliation process, and assign them to the correct stakeholder group(s).
Intelligent invoice recognition
Global eInvoicing compliance
Multi-channel invoice submission
Translation and localisation
Supplier self-service portal
Protect your privacy in the age of automation
All systems go in one dashboard
How SpendConsole compares to other OCR tools
FAQs around invoice OCR software
While traditional OCR simply scans text from documents, SpendConsole’s AI-powered system understands context, learns from patterns, and continuously improves its accuracy. Our intelligent invoice recognition handles structured and unstructured formats across multiple languages and currencies, automatically extracting relevant data even from handwritten invoices, complex layouts, or poor-quality scans. The AI learns from your specific invoice types and supplier formats, achieving over 99% accuracy in data extraction and reducing manual corrections significantly.
SpendConsole’s engine uses machine learning algorithms that continuously analyze invoice patterns from your organization and suppliers. Each processed invoice teaches the system about your specific formats, vendor layouts, and data relationships. This means accuracy improves over time, and the system becomes better at handling your unique invoice types. The AI also learns from user corrections, automatically applying these insights to future similar invoices, reducing the need for manual intervention.
Absolutely. It’s common to deal with a variety of invoice formats, from digital PDFs to scanned paper documents, handwritten invoices, and complex multi-page documents. SpendConsole’s AI-powered OCR is developed with flexibility in mind, using advanced technology to recognize and extract data from various formats, including structured invoices, unstructured documents, invoices with tables, and documents with mixed content. The system adapts to new formats automatically and can handle supplier-specific layouts without requiring template setup.
Global e-invoicing compliance refers to adherence with international electronic invoicing standards that different countries require for cross-border transactions. SpendConsole supports international eInvoicing standards, including PEPPOL (Pan-European Public Procurement Online), which enables seamless electronic document exchange across borders. Our platform automatically formats and validates invoices according to the specific requirements of different countries, ensuring compliance with local regulations and tax authorities.
SpendConsole adheres to international data protection regulations, including GDPR, and maintains transparent data handling policies. We practice data minimization by collecting and retaining only necessary information, ensuring clients retain full ownership of their data, providing clear privacy policies outlining data usage, and maintaining compliance with various industry standards. Our privacy framework protects both client and supplier data according to the highest industry standards.
SpendConsole’s supplier self-service portal allows suppliers to submit invoices directly through a web interface, where they’re immediately processed by our AI OCR engine. Suppliers can track invoice status, receive automated confirmations, and resolve any issues directly through the portal. This reduces email-based invoice submissions and provides better visibility for both suppliers and your AP team while maintaining the same high-accuracy OCR processing.
Ready to eliminate manual invoice entry for good?
See how it works in your workflow, book a free consultation today.