Google tool extracts data from invoices , speedy AP to GL

Google creates automatic Extracting Structured Data from invoices to speed accounting from Template Documents



Google AI Blog: Extracting Structured Data from Templatic Documents:





Templatic documents, such as receipts, bills, insurance quotes, and others, are extremely common and critical in a diverse range of business workflows.



Currently, processing these documents is largely a manual effort, and automated systems that do exist are based on brittle and error-prone heuristics.







Consider a document type like invoices, which can be laid out in thousands of different ways — invoices from different companies, or even different departments within the same company, may have slightly different formatting.



#processimprovement #learntocode #MBA

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