Regoxa Invoice Parser
Invoice processing automation, powered by AI
Stop touching invoices. Start closing faster, with healthier cashflow.
Regoxa Invoice Parser uses purpose-built AI to automate accounts payable from capture through approval, so vendor invoices are paid accurately, efficiently, and on time.
Intelligent, scalable invoice automation
Every invoice your team keys in by hand costs time and money, and invites a mistake you will not catch until it is paid wrong. That is why finance teams automate invoice processing.
Regoxa Invoice Parser reads invoices in any language, whether they run to hundreds of pages, carry complex tables, or arrive as messy unstructured files and e-invoices. The more it processes, the sharper it gets.
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Why use automate invoice processing?
01
Faster invoice processing
Automated invoice processing is far quicker than manual handling. That means fewer late payments, more chances to take early-payment discounts, and faster financial close and audit.
02
Greater accuracy
AI technologies such as machine learning, neural networks, and natural language processing automate invoice capture, recognition, field extraction, and data validation, so AP teams pay suppliers the right amount on time.
03
Cost savings
Less manual effort lowers operating costs. The software also flags invoice errors and possible fraud and catches duplicate invoices, so each invoice is paid once and at the correct amount.
04
Streamlined AP workflow
Invoice data arriving from central and distributed locations is captured, verified, and delivered, with images, to the systems that need it: RPA, CRM, ERP, BPM, ECM, and accounting systems. The result is a faster, end-to-end accounts payable workflow.
E-invoices are gaining ground
Comply with government mandates to accept electronic invoices and fold them into your accounts payable automation. Process electronic, PDF, and paper invoices in one workflow, and pass normalized data on to your ERP system.
How does Regoxa Invoice Parser work?
Regoxa Invoice Parser is a core component of a modern accounts payable automation solution.
Invoice automation use cases
01
Out-of-the-box invoice processing
Trained on a large volume of documents, with pre-configured extraction for key invoice fields, so you can start without IT involvement or complex
configuration.
02
Integrated solutions
Regoxa Invoice Parser plugs into RPA, CRM, ERP, BPM, ECM, and accounting systems to make end-to-end processes faster and more responsive. Free connectors are available for Blue Prism, UiPath, Laserfiche, M-Files, Automation Anywhere, SAP, and others.
03
Invoice capture on the go
Capture invoice data in the field the moment it arrives. Use a mobile camera to capture invoice line items and automatically match them to POs, packing slips, and proof of delivery (POD) for validation, client invoicing, and payment.
04
Ready-to-go PO processing
Automate purchase order processing with a preconfigured project containing the fields, rules, country settings, and validation needed to capture PO data. Key fields in both purchase orders and invoices are extracted out of the box.
05
Expense management
A ready-to-use project captures receipts from business expenses and is easily customized to your requirements. Mobile capture makes it simple to pull data from receipts through an app or mobile website.
06
Cloud or on-premises
Run Regoxa Invoice Parser where it makes the most sense for your business, in the cloud or on premises, with a setup that lets you start quickly.
What is invoice processing automation?
Invoice processing automation captures, extracts, and validates the key data from invoices, both paper and digital, according to your business rules. It then delivers that data to systems such as RPA, BPM, and ERP for straight-through processing. Whether invoices arrive by paper, email, API, MFP or local scanning, mobile device, or web-based scanning, they are all processed centrally.
How does Regoxa Invoice Parser handle paper and handwritten invoices?
It uses optical character recognition (OCR) to scan paper invoices and digitize their contents, combined with AI that understands the context of each invoice component wherever it sits on the page. The data is extracted and verified automatically, enabling straight-through processing of paper and handwritten invoices alongside digital ones.
How does invoice automation reduce accounts payable costs?
It removes the manual data entry that ties up AP staff, freeing them for higher-value work. It also helps avoid late and duplicate payments and lets you capture early-payment discounts, which lowers operating costs over time.
How does Regoxa Invoice Parser work with our existing ERP and accounting systems?
Regoxa Invoice Parser works with the ERP and accounting infrastructure you already run, with free connectors to widely used systems. That keeps integration costs and timelines low and shortens the time to a return on investment.
How does invoice automation reduce errors and fraud?
The software performs an automatic two-way or three-way match to confirm invoice accuracy, which reduces the risk of paying a fraudulent or incorrect amount. It also detects duplicate invoices so each is paid only once, and it produces documentation that supports audit and compliance.
Does Regoxa Invoice Parser use artificial intelligence?
Yes. It uses AI technologies including machine learning, convolutional neural networks, natural language processing, and automation, which deliver accurate recognition even on complex invoices, including line-item and table data.
Can Regoxa Invoice Parser handle e-invoices and government e-invoicing mandates?
Yes. It processes electronic, PDF, and paper invoices in a single workflow and normalizes the data before passing it to your ERP, so you can meet government mandates to accept electronic invoices without running a separate process.
What invoice and AP documents can Regoxa Invoice Parser process?
It processes vendor invoices, purchase orders, receipts, and related accounts payable documents, in many languages and formats, including invoices with hundreds of pages, complex tables, and unstructured data.
How quickly can we get started with invoice automation?
Pre-configured extraction for common invoice fields means little to no setup, so you can begin processing and see value early in deployment. Schedule a demo to see Regoxa Invoice Parser run on your own invoices.
Frequently asked questions
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