xtractor™ invoice & beyond
Avoid manual effort and extract 100% accurate invoice data.
100%
accurate
How much time could guaranteed accuracy save for you?
Save up to 50% work time processing your invoices from pdf to xml with 100% of accuracy, let’s make your invoice processing completely touchless.
3 step process
How it works?
We created simple, accurate and fast process to transform and digitalise your documents. Illustration bellow explains three steps of the xtractor's process.
xtractor™ works based on the RDS (Rule Definition Set). In the first step, you set the criteria for the data which needs extraction. Our team at XCENTER DIGITAL generates RDS at the second step of the process. Once the RDS is created, it can process any number of documents (Invoices) with 100% accuracy. Our product has better accuracy than OCR, and better cost efficiency than e-invoicing.
Why xtractor™ pays off to our clients
| xtractor™ | xtractor™ catch-all | Electronic Invoicing (P2P EDI, VAN) | AI-OCR | Traditional OCR | ||
|---|---|---|---|---|---|---|
| Best use cases (Other use cases) |
Invoices, Purchase Orders (all types of form-like documents) |
All types of accounts payable documents | Invoices, Purchase orders | All types of accounts payable documents | Invoices | |
| Technology | Proprietary | Proprietary, backed by AI | Electronic Data Interchange | AI-driven character recognition | Optical Character Recognition | |
| Accuracy (?)When the accuracy of data is less than 100%, manual data validation and correction are required. | 100% | 92-98% | 100% | 85-95% | 80-90% | When the accuracy of data is less than 100%, manual data validation and correction are required. |
| Line items accuracy (?)Indicates whether the solution can process invoices with 10,000 line items with 100% accuracy. | Absolute | High | Absolute | Low | Low | Indicates whether the solution can process invoices with 10,000 line items with 100% accuracy. |
| Manual verification needed | No | Yes | No | Yes | Yes | |
| Completely Touchless Document Processing | Yes | No | Yes | No | No | |
| Document types supported | app-generated PDF | PDF, JPG, PNG, TIFF, BMP | predefined data formats (XML, UBL, cXML, ...) | PDF, JPG, PNG, TIFF, BMP | PDF, JPG, PNG, TIFF, BMP | |
| Data dictionary (?)A flexible data dictionary means you can, for example, extract passengers' names from flight ticket invoices. | Flexible | Semi-fixed | Fixed | Semi-fixed | Flexible | A flexible data dictionary means you can, for example, extract passengers' names from flight ticket invoices. |
| Customizability (?)Ability to tailor the solution according to customers' requirements (fields, choices, replacement values…) | Very high | High | Medium | Very low | Medium | Ability to tailor the solution according to customers' requirements (fields, choices, replacement values…) |
| Onboarding a supplier | Easy | Very easy | Difficult | Very easy | Very easy | |
| Deployment: Cloud | Yes | Yes | Yes | Yes | Yes | |
| Deployment: On-premise | Yes | Yes | Yes | No | Yes | |
| Minimum volume per year (?) (on premise/cloud)Recommended volume of processed documents to reach ROI |
10000/1000 | NA/1000 | 10000/1000 | NA/1000 | 20000/10000 | Recommended volume of processed documents to reach ROI |
| Cost of implementation | On-site: Low Cloud: Very low |
On-site: NA Cloud: Very low |
High | Very low | Low | |
| Operating cost (?)Cost of license, manual data validation, maintenance, solution support | Very low | Middle to low | Very low | High | High | Cost of license, manual data validation, maintenance, solution support |
| more stars = better | xtractor™ | xtractor™ catch-all | Electronic Invoicing (P2P EDI, VAN) | AI-OCR | Traditional OCR |
|---|---|---|---|---|---|
| Low Entry Cost | |||||
| Low Running Cost | |||||
| High Accuracy | |||||
| Touchless Document Processing | - | - | - | ||
| Energy Efficiency |
The small gray stars indicate conditional performance. For instance, xtractor™ catch-all offers two-star accuracy on scanned documents because it internally uses AI-OCR. However, it offers high five-star accuracy on app-generated PDFs.
1. You set criteria
You provide us with the PDF-s from each of the vendor that needs data extraction and point out which data needs to be extracted.
2. We set rules
Our consultants create rules (RDS) specifically tailored to your needs.
3. You save time
Your team is now able to run RDS, every time they receive the invoice.
Our clients
Client satisfaction is our top priority. View some of the world known brands which we helped to implement document management solutions.
Download for free the xtractor™ fact sheet
Download for free our xtractor™ fact sheet and learn about all of the benefits which xtractor™ could bring to your enterprise or SME.
100% accuracy is not only benefit!
with xtractor™ you know, you don't guess
Character recognition
xtractor™ uses letters stored in the PDF document
Context
xtractor™ uses precise extraction rules
Line item extraction
xtractor™ uses proprietary algorithms based on years of experience with OCR malfunctions and limitations
100% Accuracy
xtractor™ essentially eliminates the need to validate extracted data using operators
Lightning speed
xtractor™ is lightning fast. Single paged documents are typically extracted in less then a second
100% accuracy
Why xtractor?
why xtractor™?
Get rid of manual work!
The 100% data accuracy eliminates the tedious and time-consuming process of data validation and verification.
why xtractor™?
Easy set up!
xtractor™ can be deployed on-premises, as a cloud service, or in a hybrid mode
why xtractor™?
Best price on the market!
Our product stands out through the best quality-price ratio on the market.
why xtractor™?
Seamless performance!
Single-page documents are typically extracted in less than five seconds, with 100% accuracy, line items included.
Technology experts
Technology we use to provide our services is developed by world leading technology companies.
Try for free xtractor™ invoice & beyond
We made it simple.
Let’s plug in our xtractor ™ invoice & beyond into your system, for free!
30 days free trial period!
Additional packages for xtractor™ invoice & beyond
INVOICE & BEYOND ADDITIONAL package
xtractor touchless invoice for SAP
SAP based solution which significantly cuts the cost of the invoice processing. By performing the 3-way or 2-way matching the process genuinely becomes touchless.
INVOICE & BEYOND Additional package
xtractor sales orders for SAP
xtractor™ extracts sales order data and sends the results directly to the SAP system. Our in-house solution then matches the order items to the materials ID.
INVOICE & BEYOND Additional package
xtractor UiPath RPA
Generate 100% accurate and standard input data from any PDF document for UiPath Market-leading RPA platform and reduce human interaction to 0 at the data input level.
Free consultation
Share with us your problems, and we will guide you in right direction.
Our highly trained, experienced and methodological consultants will approach every project in a agile way to create fast high-quality solutions.
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