Invoice Detector vs Lido InvoiceOCR Detailed comparison features, price

Invoice Detector

Invoice Detector is an AI-powered solution designed to streamline invoice processing for accounting and bookkeeping professionals. The platform automates the extraction of crucial data from financial documents, eliminating the need for manual entry. It accurately reads and retrieves information such as supplier details, expense line items, and invoice due dates.

Invoice Detector automatically verifies each document against standard policies and categorizes it for bookkeeping purposes. Furthermore, it seamlessly integrates with major accounting software providers, allowing for direct data transfer to your preferred system.

Lido InvoiceOCR

Lido InvoiceOCR leverages best-in-class AI technology to accurately extract data from invoices, streamlining accounts payable workflows and reducing time spent on manual data entry. Supporting a wide range of file types, including PDFs, scans, images, and documents, it allows users to upload invoices and automatically capture structured data such as names, dates, and invoice numbers.

With features like automated email parsing, seamless integrations with tools like Excel, Google Sheets, and QuickBooks, and advanced customization rules, Lido adapts to multiple vendor formats without requiring custom templates. Robust security ensures data privacy using state-of-the-art AES-256 encryption, and no user data is used for AI model training. This makes Lido InvoiceOCR a scalable, secure, and efficient solution for businesses aiming to improve accuracy and efficiency in invoice processing.

Pricing

Invoice Detector Pricing

Usage Based

From $90

Invoice Detector offers Usage Based pricing with plans starting from $90 per month .

Lido InvoiceOCR Pricing

Paid

From $150

Lido InvoiceOCR offers Paid pricing with plans starting from $150 per month .

Features

Invoice Detector

Accurate Data Extraction: Extracts supplier details, expense line items, and invoice due dates.
Document Validation: Verifies documents based on standard policies.
Document Categorization: Automatically categorizes documents for bookkeeping.
Accounting Software Integration: Connects with all major accounting software providers.

Lido InvoiceOCR

AI OCR Extraction: Accurately extracts invoice data from PDFs, scans, images, and documents.
Automated Email Parser: Processes invoices received via a shared email inbox including attachments.
Template-Free Processing: Handles multiple vendor formats without needing custom templates.
Customizable Data Rules: Allows user-defined data transformation, such as renaming or formatting fields.
Seamless Import and Export: Imports from desktop, drives, emails, and exports to Excel, Google Sheets, QuickBooks, and ERPs.
Data Security: Utilizes AES-256 encryption for data at rest and in transit, ensuring privacy and compliance.
Scalable Plans: Offers tiered pricing for businesses of different sizes and page volume needs.

Use Cases

Invoice Detector Use Cases

Automating invoice data entry
Validating financial documents
Categorizing invoices for bookkeeping
Integrating invoice data with accounting software

Lido InvoiceOCR Use Cases

Automating invoice data entry for accounts payable teams.
Batch processing large volumes of vendor invoices into structured spreadsheets.
Reducing manual errors in invoice processing for medium and large enterprises.
Integrating invoice data directly into QuickBooks, ERPs, and accounting platforms.
Extracting and transforming specific invoice fields with customized rules.
Automating the parsing of invoices sent to a centralized email address.