AI Invoice Data Extraction Platform
/ FinTech / Germany / 2022-2023 /
- Extraction Accuracy Improvement
- 25-35%
- Manual Review Reduction
- 15-25%
- Processing Time per Invoice
- <2 min
Extraction Accuracy Improvement
Manual Review Reduction
Processing Time per Invoice
Summary
The client needed a smart invoice data extraction system to process invoices from multiple suppliers across jurisdictions and formats. Manual extraction was slow and error-prone, creating bottlenecks in payment cycles. They required a solution to accurately handle both tabular structures and unstructured text across diverse document types.
The Challenge
Manual invoice processing was slow, error-prone, and unable to scale across multiple suppliers and formats
Complex invoice structures with mixed tabular and unstructured data were difficult to extract accurately
Multiple jurisdictions and supplier formats required flexible document handling
Processing delays created critical bottlenecks in payment approval cycles
The Solution
01 OCR and NLP extraction pipeline
An automated extraction platform reads invoices with OCR and NLP, replacing the manual keying that was slow, error-prone and impossible to scale across suppliers and formats.
02 Rule-based table and field matching
Rule-based logic sits alongside the models to improve accuracy on table and field matching. Invoices mix tabular structures with unstructured text, and the rules are what keep line items aligned to the right columns when the layout shifts between suppliers.
03 Document classification and routing
Machine learning models classify each incoming document by type and route it accordingly, so invoices from multiple jurisdictions and supplier formats are handled without a person deciding first where each one belongs.
04 Training data pipeline
A training data pipeline feeds corrected extractions back into the models, so accuracy keeps improving as new supplier formats arrive instead of being fixed at launch.
Inside the build
The Results
Fewer corrections downstream
25-35% improvement in extraction accuracy replacing manual document review
Hours back in the week
15-25% reduction in manual invoice processing effort through automation
Suppliers paid on time
Sub-2 minute processing time per invoice enabling faster payment cycles
No setup per supplier
Platform handles multiple formats and jurisdictions without manual configuration
Tech Stack
- AI/ML
- OCRNLP

Let's Work Together
Tell us what you're building. Our engineers will respond within 1 business day with a concrete next step - no sales script, no obligation.
- Email[email protected]
- Phone(+84) 246.276.3566
- Response TimeWithin 1 business day