For professionals in the field of finance and accounting, AutoForm offers a revolutionary invoice automation solution. Traditional invoice processing involves a lot of manual entry work: from receiving paper or PDF invoices, to manually extracting key data, to entering the data into the accounting system, the whole process is time-consuming and error-prone.
AutoForm automatically extracts invoice number, date, amount, tax and supplier information from invoices in various formats. It not only handles standard electronic invoice PDFs, but also recognizes scanned copies and even photos of invoices taken by cell phones. The extracted information can be directly synchronized to QuickBooks, Xero and other major accounting software.
In practice, this feature can shorten invoice processing cycle time by up to 90% and reduce data entry errors by more than 50%. What's more, it frees up finance staff's time so that they can focus on more valuable analytical work. For example, a medium-sized organization was able to save 120 hours of invoice processing time per month after adopting AutoForm.
This answer comes from the articleAutoForm: AI tool that extracts data from any document and automatically fills web formsThe
