Yooz vs OCR Invoice AI Detailed comparison features, price

Yooz

Yooz provides a robust, cloud-based automation platform for accounts payable, utilizing advanced AI technology for data extraction and straight-through processing. Designed for simplicity and scalability, the platform covers every stage from purchase requisition to payment, ensuring organizations can process invoices efficiently, securely, and without manual intervention.

Integrating with over 250 financial management systems, Yooz enables real-time automation, traceability, and accessibility from any device. Businesses benefit from reduced costs, accelerated cycle times, and comprehensive security, making Yooz a leading choice for streamlining financial operations and achieving a paperless, automated workflow.

OCR Invoice AI

OCR Invoice AI offers advanced optical character recognition technology designed to swiftly and accurately extract data from various invoice formats, including PDFs, images, scans, and email attachments. The system utilizes robust AI models that eliminate the need for custom templates and enable effortless processing of invoices from multiple vendors, regardless of layout complexity.

Seamless integrations allow the extracted data to be exported to Excel, Google Sheets, QuickBooks, or an ERP solution, enhancing workflow automation and productivity. With security features such as AES-256 encryption and strong data privacy safeguards, companies can trust their sensitive financial data to remain protected. OCR Invoice AI's customizable rules and automated email parsing capabilities help businesses save time, reduce errors, and scale efficiently without increasing headcount.

Pricing

Yooz Pricing

Free Trial

Yooz offers Free Trial pricing .

OCR Invoice AI Pricing

Paid

From $150

OCR Invoice AI offers Paid pricing with plans starting from $150 per month .

Features

Yooz

AI-Based Data Extraction: Automatically captures and processes invoice information using artificial intelligence.
End-to-End P2P Automation: Automates the entire purchase-to-payment process, from requisition to payment.
ERP Integration: Seamless compatibility with over 250 financial management systems for streamlined workflows.
Touchless Document Handling: Offers straight-through processing with minimal manual intervention.
Real-Time Cloud Access: Enables users to operate from any device, anytime, ensuring mobility and flexibility.
Automated GL Coding & PO Matching: Matches purchase orders and general ledger codes automatically.
Scalable Solution: Easily adapts to any business size or invoice volume requirements.
Secure Cloud Storage: Ensures safe and compliant document storage and traceability.
Multi-Channel Invoice Capture: Supports email, drag & drop, mobile, scan, sFTP, and EDI input methods.
Zero-Risk Free Trial: Allows businesses to try the platform risk-free for 15 days.

OCR Invoice AI

AI OCR Extraction: Processes PDFs, scans, images, and docs for accurate data extraction.
Template-Free Technology: Handles multiple vendor invoice formats without custom templates.
Automated Email Parsing: Processes incoming invoice emails and their attachments automatically.
Custom Rules: Allows user-defined extraction rules for specific vendors or fields.
Seamless Imports: Imports invoices from desktop, shared drive, or email.
Automated Exports: Sends extracted data directly to Excel, Google Sheets, QuickBooks, or ERP.
High Security: Utilizes AES-256 encrypted data processing with strict data privacy policies.

Use Cases

Yooz Use Cases

Automating invoice data capture and processing in accounts payable departments
Reducing manual AP workloads for accountants and finance professionals
Integrating with ERP systems to streamline financial workflows
Gaining real-time visibility and traceability of financial documents
Accelerating payment cycles to secure early payment discounts
Increasing document security and compliance in financial operations
Supporting mobile and remote AP process management
Improving efficiency for businesses with high invoice volumes

OCR Invoice AI Use Cases

Automating accounts payable data entry for finance teams.
Processing and extracting data from bulk invoice PDFs or scans.
Streamlining invoice management for small businesses handling diverse vendor formats.
Automatically parsing invoices sent to a shared email inbox.
Exporting invoice data to accounting or ERP systems for reconciliation and reporting.

FAQs

Yooz FAQs

What financial management systems does Yooz integrate with?

Yooz integrates with over 250 financial management and ERP systems, including QuickBooks, Sage, Netsuite, Acumatica, Microsoft Dynamics, and more.
Is a free trial offered?

Yes, Yooz offers a 15-day free trial, allowing users to test its full capabilities in a production environment without commitments.
How does Yooz handle invoice data capture?

Yooz uses AI-based data extraction to automatically capture and process invoice information from multiple input channels such as email, mobile, scan, and EDI.
Can Yooz be accessed remotely?

Yes, Yooz is a cloud-based solution, enabling access from any device at any time for maximum mobility and convenience.

OCR Invoice AI FAQs

Does OCR Invoice AI support scanned and searchable PDFs?

Yes, OCR Invoice AI can process both scanned and searchable PDF invoices for data extraction.
Where can the extracted invoice data be exported?

Extracted data can be exported to Excel, Google Sheets, QuickBooks, CSV, or directly into an ERP system.
How is data security ensured for sensitive invoice information?

All data is encrypted using AES-256 encryption during both transmission and storage, with privacy policies ensuring no data is used for AI training.
Can the tool handle different vendor invoice formats without templating?

Yes, the AI-driven solution accommodates various invoice layouts without the need for predefined templates.