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Recent Finance AI Articles

Maximising AP Efficiency with Machine Learning Invoice Recognition

Maximising AP Efficiency with Machine Learning Invoice Recognition

8 minutes
Automating your AP processes can do much more for your company than "just" save time and money. Here are some tips to help you really maximise AP efficiency with machine learning invoice recognition.
How to Use AI for Extracting Structured Data from Invoices

How to Use AI for Extracting Structured Data from Invoices

5 minutes
Artificial intelligence came barging into almost all spheres of everyday life and made us see how much workload it can take from us. Here you will see how to use AI for extracting structured data from invoices.
How Does Invoice Information Extraction Using OCR and Deep Learning Work?

How Does Invoice Information Extraction Using OCR and Deep Learning Work?

6 minutes
It's already clear that AI can significantly improve document processing in your company. But do you know how invoice information extraction using OCR and deep learning actually works?
How to Set Up a Winning Automated Invoice Processing Workflow

How to Set Up a Winning Automated Invoice Processing Workflow

8 minutes
Automated workflows for invoices can streamline all the steps in AP processes. If you are still dealing with manual processing, it's time you join the AI automation wagon and get all the benefits of it.
This Is What's Missing from Your OCR Based Invoice Processing Solution

This Is What's Missing from Your OCR Based Invoice Processing Solution

7 minutes
OCR invoice processing is essential when it comes to an effective AP routine. It has transformed the workflow of financial departments worldwide, and is one of the keys to successful AP automation.
All You Need to Know About Batch Invoice Processing

All You Need to Know About Batch Invoice Processing

3 minutes
Batch invoice processing is a method that is used to process multiple invoices at the same time. Batches may include hundreds, if not thousands of invoices, or they can consist of just five or ten. It all depends on your business.
Batch Invoice: Meaning, Advantage, and Tips

Batch Invoice: Meaning, Advantage, and Tips

3 minutes
Batch invoice processing is one of the primary time-saving techniques available. This is how AP and finance departments go through tens or hundreds of invoices at once.
The Only 6 Invoice Scanning Software Options You Need to Know About

The Only 6 Invoice Scanning Software Options You Need to Know About

5 min
There's a reason why we created another invoice scanning software tool on the market. We tested the others, liked them, but thought - this can actually be better. So, we made Affinda's invoice extractor.
What Is Invoice Data Capture and Can It Really Be Automated

What Is Invoice Data Capture and Can It Really Be Automated

8 minutes
Invoice data capture is the newest trending topic in AP departments worldwide. What is it, and how does it work?
Is Automated Invoice Handling with Machine Learning and OCR Really All That?

Is Automated Invoice Handling with Machine Learning and OCR Really All That?

9 minutes
Invoice processing is a completely different beast than it was ten years ago, and today's solutions are powered by cutting-edge neural networks and intense machine learning. Here's why it matters.
What’s the Best Technology to Extract Data from the Scanned Invoices?

What’s the Best Technology to Extract Data from the Scanned Invoices?

12 minutes
Technology to extract data from the scanned invoices-- or from invoices you've been emailed-- has seen vast improvements in recent years. Template based approaches are a thing of the past. Let's dive into what a modern data extraction system should look like.
How Data Extraction Works with Tesseract OCR, OpenCV, and Python for Invoices

How Data Extraction Works with Tesseract OCR, OpenCV, and Python for Invoices

15 Minutes
Discover how OCR with Tesseract, OpenCV, and Python transforms tedious invoice processing into an automated, error-free task.

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