Infrrd Intelligent Invoice Processing Solution

AI-based intelligent invoice processing for invoices with variation
  • An award-winning solution that automates the processing of unstructured invoices
  • A cloud-based platform that uses proprietary AI technology to transform process outcomes
  • A packaged solution and success program deliver quick business value
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Infrrd is a trusted partner. Together we have delivered exciting solutions for our customers that involve image processing and understanding unstructured data in many languages. Their technology continues to create differentiation between us and our competitors.

-Alan Rich, CEO, Chrome River

See for Yourself

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Invoice variation creates problems

It’s tough to automate processing for invoices with variations. That’s in large part because there are lots of types of variation on invoices that you need to take into account.
Invoices with variation are currently processed manually because OCR-based systems are not designed to support non-uniform elements.

Manual processing creates bottlenecks

Manual invoice processing, however, often creates more problems for enterprises than it solves. It results in slow cycle times, delayed payments, rework time losses, and high processing costs. It’s also very difficult to scale.

Infrrd's breakthrough technology removes the constraints...

Infrrd’s AI-based intelligent invoice processing solution addresses these problems by digitizing and automating your invoice processing. The solution classifies invoices, extracts data, validates, corrects, matches, and executes workflows.

It goes beyond OCR limitations to automate the processing of your most problematic invoices.

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...allowing you to achieve
meaningful business outcomes

Infrrd’s intelligent invoice processing is a packaged solution built on Infrrd’s powerful IDP platform. The solution is designed to accurately automate and optimize the processing of invoices with high levels of variation. 

Use Case

Global marketing firm processes invoices from vendors

Customer comments

“Infrrd helped us digitize and automate invoice processing which greatly improved our SLAs. The solution automation performance also allowed us to end our agreement with a BPO who was manually processing the invoice.”

Results

~50% reduction in processing cost. 60% reduction in manual workload on day one. High accuracy at field and line item level improving to > 90%

Invoice characteristics 

Invoices from 1,000s of vendors, variations in format, vendor names, multiple services. Need to extract 24 fields and create two derived fields 

Solution highlights

Handles invoice variations with high accuracy. Scalable and extensible. Easy to configure and manage. Automated compliance checks

The Intelligent Invoice Processing Solution

Infrrd’s intelligent invoice processing is a packaged solution built on Infrrd’s powerful IDP platform. The solution is designed to accurately automate and optimize the processing of invoices with high levels of variation.

  • Accurate data extraction to the line level
  • Handles invoice with variation
  • Proprietary AI technology delivers industry-leading performance
  • Pre-trained invoice models accelerate time to value
  • Template free improves performance and manageability
  • Machine learning-driven continuous improvement 
  • Enterprise-class cloud service
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Who is Infrrd?


At Infrrd®, we deliver powerful applied AI solutions for Intelligent Data Processing. Not just documents. We can infer valuable information from images, tables, graphs, and messy piles of unstructured data. You know, stuff that you thought was impossible.

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