Automate AP invoice capturing & other Procure to Pay (P2P) processes
Increase efficiency of your accounts payable (AP) department in a meaningful way.
With Parashift, you can process the most common procurement documents:
Readout invoice data and automate workflows
Save on all keystrokes & OCR data verification. Parashift automatically captures data and takes care of validation, so you can focus on your most important work.
Why using Parashift’s P2P solution?
Process invoices automatically and with perfect accuracy. Parashift’s AI OCR with human validation revolutionizes your Accounts Payable. Never think about data veracity on your invoices again.
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Process invoices without verifying OCR extraction results
Process invoices automatically, with guaranteed accuracy.
Parashift’s AI OCR combined with human validation revolutionizes your accounts payable process. So you can say goodbye to manual document processing, for good.
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Addresses chevron_right
Returning the complete address and tax ID of a sender and receiver lets you immediately match documents with the correct supplier or tenant.
General information chevron_right
General information gives you context and helps with automatic processing.
Amounts chevron_right
To process invoices and order confirmations automatically, or to deliver accounting record suggestions with header data only, we always extract a total amount. Depending on the tax rate, we can also extract at least one partial amount.
Moreover, we also deliver the following amount relevant fields:
Payment conditions and payment methods chevron_right
We return one or more payment conditions. For example, when there’s a combination of payment conditions like «10 days 2% discount or otherwise 30 net». If the invoice was already paid, we also provide the payment method, including credit card, cash, PayPal, or any other.
Payment details chevron_right
To immediately and accurately initiate corresponding invoice payments, we provide recognized bank data.
Line items chevron_right
To conduct a detailed order reconciliation, or compare existing agreements from suppliers, many use cases rely on exact line item data. Where needed, we extract the following line item data:
Readout invoice line item data, in perfect quality
Make your manual data entry work instantly obsolete. Automatically read P2P documents using AI-based OCR. Invoice scanning and data capture are easy and affordable even for very low volumes. Don’t just reduce manual invoice data entry, skip it altogether - also OCR validation!
Superfast return on investment on your invoice automation project
Secure a fast return on investment (ROI)! We do not charge a base fee. Instead, you simply pay for intelligent invoice processing and AP automation on a document volume basis. Get started today!
Integrate Parashift with the software of your choice
Use pre-built interfaces into the most popular enterprise software or integrate Parashift into your specific software landscape and workflows.
Trusted by companies worldwide
Ready to transform your P2P processes?
Integrate Parashift to skip manual invoice data entry and dramatically cut costs.
Parashift helps you automate Procure to Pay documents processing. From offer to dunning documents, we easily integrate with your existing software.
Ready-to-use document types make it easy to get started. Or, quickly create new document types with our user-friendly document type editor.
Stop wasting valuable time and resources on manual data entry. Let Parashift power your automated document processing with fast, reliable results.
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