#Extract software how to#
Here is how to train an API in Docsumo for automated utility bills processing: It begins with creating and training an API module that learns how to recognize and structure your documents. Medical bills, invoices for prescription drugs, car insurance payments, and worker’s insurance are other types of insurance bills covered under utilities How to automate data extraction from bills using DocsumoĪutomating utility bills processing using Docsumo is easy and requires just a few simple steps. Loan premiums are payments made to fund insurance coverage and these are required to be paid on annual, quarterly, or monthly installments. These bills assist with the maintenance of these properties and their amenities. Homeowner association billing is money that is collected on a monthly or quarterly basis from owners of certain residential properties for the purpose of making improvements and renovations to the premises.
Sewage bills are sent to those who use residential irrigation systems and water for outdoor purposes. For sewer bills, details such as sewage consumption, sewer fixed charges, and meter readings are listed. Water bill shows the rate of water consumption by households and the price they have to pay for it. These are sent to the official address as proof of received or pending payments 2. Electricity bill, water bill, telephone receipts, and postpaid internet invoices are examples of utility bills. Utility bills are receipts that can be used as valid documents for verifying addresses and personal information. The most common types of bills scanned and recognized by bill scanning software are: 1. Users work towards making PDFs editable after they acquire scanned bills and store them electronically in systems. Bill scanning software is used to convert your paper-based documents into digital formats which are then processed to review and approve payments.
#Extract software manual#
OCR software recognizes data from invoices and is a great way to streamline your workflow by preventing the manual re-entry of data.
#Extract software pdf#
In most cases, the data is uploaded to the Cloud or saved in PDF file formats which are then entered into ERP systems. It basically scans paper-based documents to recognize key fields, extracts them, and organizes them into structured data for record-keeping or processing.
What is bill scanning software?īill scanning software is software designed for extracting data from utility bills and invoices. OCR technology used for bill scanning is much more efficient than hiring human employees for data extraction and is reliable as it offers up to 99% accuracy. Automated utility bill processing can speed up organizational efficiency and streamline business operations by saving time and preventing manual data entry.
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