AP invoice capture that simply works
Use Parashift to instantly eliminate 100% of your invoice capture and improve your Accounts Payable (AP) process. Parashift takes care of invoice OCR & post-processing so you can focus on more important things.
Improve your Accounts Payable processes with advanced OCR to read your invoices.
By processing the most common accounting documents, we significantly increase the efficiency of your Accounts Payable department:
Process AP invoices automatically with perfect accuracy and eliminate 100% of your data entry.
Parashift’s AI OCR, combined with human validation, revolutionizes your Accounts Payable process. Never waste another thought on document processing.
By returning the full address and tax numbers of the sender and recipient, you can immediately assign the documents to the correct supplier or client.
General information gives you more context for the document and helps with automatic processing.
In order to process invoices and order confirmations automatically or to provide posting record suggestions with header data only, we always extract a total amount and, depending on the tax amounts, at least a partial amount.
In addition, we also supply the following quantity-relevant fields:
We return one or more payment terms if, for example, there is a combination of payment terms such as “10 days 2% discount or otherwise 30 net”. If the invoice has already been paid, we also indicate the payment method, such as credit card, cash, PayPal, Strip, and others.
So that invoice-related payments can be triggered immediately and correctly, we also provide the recognized bank data.
In order to perform a detailed purchase order reconciliation or to compare existing supplier master agreements, many use cases rely on exact line item data. Therefore, if relevant for your use case, we extract the following line item data:
You also get line item data extracted in 1-A quality. Automatically recognize P2P documents and read them with AI-based OCR. Invoice scanning and data capture is easy and affordable, even for low volumes. Don't cut back on manual invoice data entry. Skip it altogether - even OCR validation!
Ensure a fast return on investment (ROI)! With us, there is no base fee. Instead, you simply pay for intelligent invoice processing and AP automation based on document volume. Get started today!
Use prebuilt interfaces into the most popular enterprise software or integrate Parashift into your specific software landscape and workflows.
Global trust with companies
Parashift helps you automate your structured and unstructured document processing. Simply and seamlessly. We integrate with your existing application landscape to add value to your business processes and reduce costs.
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