Specialized OCR Invoice Processing

IRISCapture for Invoices automates the very technical task of setting up recognition templates for invoice processing.  It is designed to detect  elements like name, date, invoice number and total and extract the data automatically. It can recognize both US and European invoice formats, and gives you an easy way to set specific recognition parameters for new vendors when the automatic recognition doesn't capture all the data.

• IRISCapture for Invoices

FormCliQ Invoice is easier to configure than IRISCapture but is not quite as flexible. With FormCliQ you can get started with OCR Invoice Processing in minutes. While IRISCapture can be configured to recognize specific invoice formats or even other types of documents, FormCliq is designed to be a more "out of the box" solution.

• FormCliQ Invoice

General Purpose OCR Invoice Processing

ABBYY FlexiCapture is a general purpose tool for locating and extracting data on any kind of document. It requires more time to configure than the invoice-specific applications, but it has far more flexibility. This flexibility can be handy in cases where industry-specific data must also be captured, like Bill of Lading numbers or Fuel Surcharges on trucking invoices. In cases where more detailed setup is required, FlexiCapture becomes much easier to configure than IRISCapture. FlexiCapture can also recognize line item data.

Of course, if you can see the applications of data entry automation outside the accounts payable department, FlexiCapture has the robustness and scalability to be used throughout the organization. The Distributed version of FlexiCapture supports hundreds of scanning, recognition, verification and administration stations that can be located all over the globe.

• FlexiCapture Full Standalone
• FlexiCapture Full Distributed
• FlexiCapture Line Item Processing Add-On

Simple Software's SimpleIndex can also be used to recognize key data on invoices as well as many other types of documents. It uses a simple pattern matching algorithm to locate data. Though this is not as robust as the other applications, it can do a surprisingly good job on many documents and has an unbeatable price point and simple user interface. SimpleIndex is the only dynamic OCR application that does not limit the number of pages you can process with your license. It also has the unique ability to use existing text when processing MS Office and PDF documents, giving you unprecidented speed and 100% accuracy since no OCR is needed to interpret the text.

• SimpleIndex with OCR

OCR Invoice Processing FAQ Answers

More info on OCR Invoice Processing.