Why Intelligent Document Processing Matters?
Manual document processing whether it’s invoices, receipts, or purchase orders is time-consuming, error-prone, and difficult to scale. Finance and procurement teams often face delays in approvals, mismatched entries, and compliance risks across multiple formats.
Common Challenges:
Excessive time and cost in manual data entry
Lack of visibility in Accounts Payable (AP) cycles
High error rates due to document variation
Inefficient reconciliation across ERP systems
Nextract solves these issues by automating the processing of unstructured data across all financial documents ensuring accuracy, traceability, and speed.