Extract German invoices easily with DOC²
Digitize documents intelligently
Digitize German invoices: Convert your PDF file, images, Word or other files and use the read out meta data (attributes) for your processes.
In the course of the ongoing digital transformation, many companies are looking for new ways to accelerate the entry and classification of invoices. DOC² Landing offers intelligent solutions for the classification and automatic reading of invoices or receipts. In the case of German invoices, we automatically extract all the fields required for your ERP.
How does DOC² help you to optimize your workflow?
It’s very simple: DOC² can precisely categorize documents recorded with user-defined key values from various input or storage sources. Whether the data is structured or not is irrelevant.
Advantages of DOC²:
- At the same time, the digital transformation of your archives drastically reduces paper costs. => A win-win situation for your company!
- Since manual processing is largely eliminated, the error rate for manual entries is significantly reduced.
- This saves you the time that you would otherwise need to manually search for all the important and target-oriented information from your documents.
How exactly does it work?
The system uses the Optical Character Recognition (OCR), Intelligent Character Recognition (ICR) function to identify the type of document to be processed. This step thus determines the type of documents and can thus distinguish an invoice from a credit memo, for example.
The system uses a number of techniques to precisely classify data: search for content, images.
How does the extraction of values work for a German invoice?
The values associated with each key are extracted into the corresponding field and also outlined on the invoice and connected with a line. This line, which points to the value, makes it easier for the employee to find the value on the invoice. This repeats itself with all fields that are extracted.
The picture above shows the calculation on the left and the automatically extracted values on the right, which are divided into four sections.
The following are extracted:
Fields for an invoice:
BASIC INFORMATION
- INVOICE NUMBER
- INVOICE DATE
- DELIVERY DATE
- PO NUMBER
PAYMENT DETAILS
- IBAN
- PAYMENT TERMS
VAT & AMOUNTS
- AMOUNT TAX FULL
- NET AMOUNT FULL
- TOTAL AMOUNT
- CURRENCY
- VAT RATE
VENDOR DETAILS
- NAME
- VAT
- ADDRESS
LINE ITEMS
- NUMBER OF ARTICLES