CoSupport AI
What is 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.
Features
- 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
- 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.
FAQs
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Which file formats does Lido InvoiceOCR support for data extraction?
Lido InvoiceOCR works with scanned and searchable PDFs, images, and document files for extracting invoice data. -
Can Lido InvoiceOCR export data to different accounting platforms?
Yes, it can export extracted invoice data directly to Excel, Google Sheets, QuickBooks, and ERP systems. -
Is data processed by Lido InvoiceOCR used for AI model training?
No, Lido's technology ensures that user data is not used for training its AI models. -
How does Lido InvoiceOCR ensure data security?
Data is protected with AES-256 encryption while at rest and during transmission, and comprehensive data processing agreements ensure privacy. -
What business sizes can benefit from Lido InvoiceOCR?
Lido offers scalable plans designed for businesses of all sizes, from small enterprises to large organizations.
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