
Invoice data capture that sorts and reads documents with AI
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Accounts payable teams spend a lot of time keying numbers from invoices into other systems. Rossum is a cloud service that reads incoming invoices and pulls out the data, then feeds it into automated workflows. It classifies documents as they arrive and extracts fields using AI. The vendor claims invoice processing runs six times faster, with accuracy of up to 98 percent. Setup can be adapted to a company's own needs, connected to other systems and scaled as volume grows. Security of the extraction algorithms is part of the pitch.
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