NewgenONE AI Platform
Streamline and Automate Invoice Processing with Agentic Invoice Extraction
Optimize your invoice processing with an Agentic Invoice Extraction that utilizes a multi-agent framework to boost accuracy, efficiency, and security. Automate data capture, reduce errors, enhance compliance, and improve cash flow management for seamless financial operations.
Key Features of NewgenONE Agentic Invoice Extraction
End-to-End Automation
Automates invoice classification, data extraction, and validation, reducing manual effort and improving processing speed. Built on the NewgenONE AI-powered multi-agent framework, it ensures seamless, touchless invoice management.
Seamless Integration
Integrates effortlessly with ERP, accounting, and finance platforms via robust API support, enabling end-to-end workflow automation and real-time invoice tracking across enterprise systems.
Advanced Analytics & Insights
Leverages real-time AI-driven analytics to track invoice trends, payment cycles, and cash flow patterns, empowering finance teams with data-backed decision-making for better financial planning.
Compliance Assurance
Ensures full adherence to tax regulations such as GST, VAT, and other local compliance standards, mitigating risks and reducing invoice processing and reporting errors.
Scalability & Adaptability
Processes high volumes of invoices across diverse formats and languages, making it an ideal solution for global enterprises handling multi-region financial operations efficiently and accurately.
End-to-End Automation
Automates invoice classification, data extraction, and validation, reducing manual effort and improving processing speed. Built on the NewgenONE AI-powered multi-agent framework, it ensures seamless, touchless invoice management.
Seamless Integration
Integrates effortlessly with ERP, accounting, and finance platforms via robust API support, enabling end-to-end workflow automation and real-time invoice tracking across enterprise systems.
Advanced Analytics & Insights
Leverages real-time AI-driven analytics to track invoice trends, payment cycles, and cash flow patterns, empowering finance teams with data-backed decision-making for better financial planning.
Compliance Assurance
Ensures full adherence to tax regulations such as GST, VAT, and other local compliance standards, mitigating risks and reducing invoice processing and reporting errors.
Scalability & Adaptability
Processes high volumes of invoices across diverse formats and languages, making it an ideal solution for global enterprises handling multi-region financial operations efficiently and accurately.
Agents Built-in NewgenONE Agentic Invoice Extraction
Document Classification Agent
Automatically identifies and categorizes invoice types (e.g., standard, proforma, or tax invoices) to ensure appropriate processing and compliance.
Content Masking Agent
Masks sensitive details such as vendor bank account numbers or Tax Identification Numbers (TIN) to maintain confidentiality and adhere to privacy regulations.
Data Extraction Agent
Extracts critical invoice details, including invoice number, date, payment terms, itemized charges, GST or VAT details, and totals. These details are exposed through APIs for seamless integration with ERP systems, accounting software, or analytics platforms.
Validation Agent
Cross-verifies extracted data against predefined rules or external databases to ensure consistency, accuracy, and tax or accounting standards compliance.
Payment Status Agent
Tracks payment statuses and flags discrepancies, enabling organizations to reconcile invoices and payments effectively.
Document Classification Agent
Automatically identifies and categorizes invoice types (e.g., standard, proforma, or tax invoices) to ensure appropriate processing and compliance.
Content Masking Agent
Masks sensitive details such as vendor bank account numbers or Tax Identification Numbers (TIN) to maintain confidentiality and adhere to privacy regulations.
Data Extraction Agent
Extracts critical invoice details, including invoice number, date, payment terms, itemized charges, GST or VAT details, and totals. These details are exposed through APIs for seamless integration with ERP systems, accounting software, or analytics platforms.
Validation Agent
Cross-verifies extracted data against predefined rules or external databases to ensure consistency, accuracy, and tax or accounting standards compliance.
Payment Status Agent
Tracks payment statuses and flags discrepancies, enabling organizations to reconcile invoices and payments effectively.
Why Enterprises Need NewgenONE Agentic Invoice Extraction?
Enhanced productivity by minimizing time and resources spent on manual data entry and validation.
Improved accuracy by reducing errors in invoice processing, leading to better financial reporting and compliance.
Strengthened data security by implementing advanced masking and encryption techniques to protect sensitive financial information.
Optimized cash flow management by enabling proactive tracking and managing invoice payments and due dates.
Enhanced productivity by minimizing time and resources spent on manual data entry and validation.
Improved accuracy by reducing errors in invoice processing, leading to better financial reporting and compliance.
Strengthened data security by implementing advanced masking and encryption techniques to protect sensitive financial information.
Optimized cash flow management by enabling proactive tracking and managing invoice payments and due dates.
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