iTech Data Services

Our machine learning-paired OCR invoice data extraction platform can automate data capture and report generation for complete invoice automation. ML-paired OCR has the unique ability to differentiate between field types to input data accurately from multiple different types of business invoices, including:

  • Utility invoices
  • Freight invoices
  • Proforma invoices
  • Interim invoices
  • Collective invoices
  • Debit invoices

And any others your business may use. Simply scan your invoices, and allow our cutting-edge technology to handle the rest.

iTech OCR Invoice Data Solutions

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OCR for Automatic Data Extraction

AI-enhanced OCR allows our platform to translate and capture alphanumeric characters and quickly learn where to find data points, what to do with them, and how to transform them into the desired output. It can do this within documents of any structure (or lack thereof), allowing the system to index and extract data from any type of invoice, even those with handwritten sections. This allows for faster and more accurate data extraction and processing from invoices and other scanned text documents.

iTech’s technology provides an accuracy well above double-key, compare, and simple OCR data capture. It does so in less time at a reduced cost, and can easily capture data from traditional text documents, blueprints, engineering drawings, and any other image format.

Highly-accurate Invoice Indexing

iTech provides automated AI invoice indexing that can differentiate between different field types to ensure every data point is stored in the right place in your database. Our system can automatically index these invoices based on client-specific rules, extracting multiple fields swiftly and accurately, outperforming traditional manual processes and standalone OCR solutions.

They can also recognize specific vendors, automatically check for pricing terms or discounts that can be applied based on vendor contracts, and perform audit functions on these invoices to flag high-dollar invoices, missing purchase order/sales orders, and invoices from new vendors.

A flowchart showing different data point names connected to a server to represent invoice data being extracted.
icons representing different data points being displayed over a laptop to represent a centralized digital database.

Fully-searchable Invoice Data Index

Automated data capture is only half of invoice data extraction. Storage and organization of extracted data are just as important in fields like logistics, healthcare, manufacturing, and others that rely on information to operate properly. iTech ensures that all data is securely stored in the client’s preferred database or in an iTech-engineered, fully searchable cloud-based invoice data index.

iClarity for Data Extraction Transparency

The iTech iClarify tool gives clients full control and visibility over the indexing and data capture processes. On-demand metrics and analytics surrounding quality and turnaround ensure transparency and eliminate the “black box” approach often associated with outsourcing.

A businessperson checking off different digital documents.

OCR for Other Document Types

iTech clients span a wide range of industries, so invoices aren’t the only documents our OCR services are used for. Regardless of your industry, our invoice processing technology can provide automatic indexing and data extraction for all of the following documents:

IndustryApplications
Logistics
  • Invoices
  • Bills of Lading
  • Contracts
Healthcare
  • Backfiles/older medical records
  • Hand-signed medical forms/releases
Municipalities
  • Blueprints
  • Engineering drawings
  • Maps
  • Contracts
  • Financial and legal documents
Manufacturing
  • Purchase orders
  • Sales orders
  • Engineering drawings

Implement Fast, Automated Invoice Data Capture with iTech

If your business relies on a high volume of scanned documents or images, iTech’s OCR invoice data extraction solutions can perform the job faster, with better accuracy, and at a lower cost than leveraging manual data entry teams or outsourcing to vendors that do.

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    16803 Dallas Parkway, Suite: 300
    Addison, TX 75001
    972 456 9479
    info@iTechData.ai

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