Document type

Intelligent Invoices Processing

Automatically extract data from invoices of any format, including vendor information, line items, totals, and payment terms.

98.5%Accuracy

90%Time Saved

24/7Processing

Processing Steps

How to Process invoices

Follow these simple steps to extract data from your invoices

Upload your invoice via the dashboard, mobile app, or API integration

Our AI engine scans and identifies all key invoice fields

Structured data is extracted with 98.5% accuracy

Review extracted data and make any necessary corrections

Extracted Data

ParseIQ automatically extracts and validates these fields from your documents

Field Name	Type	Required	Description	Example
invoiceNumber	string	Yes	Unique identifier for the invoice	N/A
invoiceDate	date	Yes	Date when the invoice was issued	N/A
dueDate	date	Yes	Date when payment is due	N/A
vendorName	string	Yes	Name of the vendor or supplier	N/A
vendorAddress	string	No	Address of the vendor or supplier	N/A
vendorTaxId	string	No	Tax identification number of the vendor	N/A
customerName	string	Yes	Name of the customer	N/A
customerAddress	string	No	Address of the customer	N/A
lineItems	array	Yes	List of products or services with quantities, prices, and descriptions	N/A
subtotal	number	Yes	Sum of all line items before taxes and discounts	N/A