EXACTO Invoice Description
Invoice processing was traditionally one of the most difficult and error-prone tasks within any organization. Each day, billions of invoices are processed. This makes it difficult for accounts payable to verify, extract data manually and download the data for payment processing. Digital transformation has made this process easier, more efficient, more effective, and less error-prone. This allows enterprises to save money and reduce costs. EXACTO™, Invoice is HCL’s patented Artificial intelligence platform that uses deep learning, NLP-based document processing, and deep learning. It was specifically designed to capture data from invoices, receipts, purchase orders, and other documents. EXACTO™, Invoice integrates seamlessly with multiple sources and can process documents in more 13 languages. It also provides AI/ML-based document classification and Digitization capabilities.