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What is V1 Invoice Automation?

Our Invoice Automation solution streamlines and enhances operational workflows by seamlessly integrating with your Financial Management System (FMS) to intelligently digitize invoice processing. By employing state-of-the-art capture technology, our system efficiently reads, interprets, verifies, and validates invoices prior to their automatic entry into your purchase ledger. Through Cloud-connected Invoice Automation, we transform the way purchase invoices and accounts payable are handled, enabling you to automate time-consuming tasks and empower your team to derive greater benefits from your financial operations. Many businesses encounter obstacles to efficiency due to outdated manual practices that compromise overall performance. Embracing automation allows organizations to realize substantial value through smart process enhancements. Manual methods, often labor-intensive, can increase the likelihood of errors and incur high costs, creating unnecessary pressure on finance teams in various sectors. Our Invoice Automation is designed to address concerns regarding business performance while boosting overall productivity. With our innovative solution in place, you can redirect your focus to strategic initiatives instead of being overwhelmed by routine administrative tasks. This shift not only alleviates the burden on your finance staff but also fosters a more agile and responsive organizational environment.

What is Innovo API?

Incorporate our solution into your systems to enhance your applications significantly. By utilizing our robust infrastructure and advanced functionalities, you can achieve remarkable improvements. The Innovo API is designed to effortlessly integrate with your company's web or mobile apps, allowing for a smooth transition. Leveraging Innovo42's cutting-edge OCR and machine learning technologies, the API efficiently extracts data from invoices and receipts. This data can be tailored to fit the specific requirements of your application, ensuring optimal performance. The innovative data extraction technology within the Innovo API transforms receipts into structured data seamlessly. This achievement stems from our sophisticated multi-layered framework that effectively employs machine learning algorithms alongside OCR capabilities. Furthermore, our system incorporates a series of validation processes to enhance the management of expenses and invoices. With our solution, it is as simple as capturing an image with your smartphone and sending it to us, paving the way for a hassle-free experience. In conclusion, our API not only streamlines data handling but also boosts overall efficiency in your financial processes.

Media

Media

Integrations Supported

MYOB
QuickBooks Online
Xero

Integrations Supported

MYOB
QuickBooks Online
Xero

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

$6.00/month/user
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

V1

Date Founded

1989

Company Location

United Kingdom

Company Website

www.wearev1.com/solutions/invoice-automation/

Company Facts

Organization Name

Innovo42

Date Founded

2018

Company Location

Singapore

Company Website

www.innovo42.com

Categories and Features

OCR

Batch Processing
Convert to PDF
ID Scanning
Image Pre-processing
Indexing
Metadata Extraction
Multi-Language
Multiple Output Formats
Text Editor
Zone Selection Tool

Categories and Features

Expense Report

Approval Process Control
Invoice Management
Multi-Currency
Receipt Management
Reimbursement Management
Spend Control
Time Tracking
Workflow Management

OCR

Batch Processing
Convert to PDF
ID Scanning
Image Pre-processing
Indexing
Metadata Extraction
Multi-Language
Multiple Output Formats
Text Editor
Zone Selection Tool

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