Basware SmartPDF: AI-powered PDF invoice data extraction processing over 90% of invoices without manual work
Traditional OCR tools are error-prone and costly, causing character-recognition errors and requiring significant manual corrections; supplier on-boarding for invoice receipt is also slow and expensive.
OCR was designed to digitize paper rather than extract structured data from PDF invoices, leaving character-confusion errors and ongoing manual correction as persistent problems.
SmartPDF processes over 90% of PDF invoices without manual work from the first day of use, saving money and time while improving accuracy and reducing carbon footprint.
Frequently asked questions
What did this team achieve with this AI workflow?
SmartPDF processes over 90% of PDF invoices without manual work from the first day of use, saving money and time while improving accuracy and reducing carbon footprint.
What tools did this team use?
SmartPDF.
What results were reported?
PDF invoices processed without manual work: over 90%; Cost and time savings: save money, time; Accuracy improvement: gain accuracy efficiencies; Carbon footprint: decrease your carbon footprint (source-reported, not independently verified).
What failed first in this deployment?
OCR was designed to digitize paper rather than extract structured data from PDF invoices, leaving character-confusion errors and ongoing manual correction as persistent problems.
How is this invoice processing AI workflow structured?
Supplier sends PDF invoice → Company recognition and multi-invoice routing → AI/ML full invoice data extraction → Data delivered to ERP or AP tool.