Therefore Ideas

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Add intellingent OCR for invoice processing to Therefore

We saw at Fusion event that there are some works going to implement an intelligent OCR for invoices. Our competitors have alread a template based solution that give them some advantages when it comes to invoice processing solution . Are we going to release such solution ?

  • Manuel Marquez
  • Jul 31 2020
  • Shipped
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  • Admin
    Product Innovation commented
    16 Apr, 2021 11:48am

    Shipped with v.25 for Therefore Online.

  • Tas Tudor commented
    18 Feb, 2021 01:52am

    Any word on when this feature is to be finalised? Competitors all have this already, so haste is required! :)

  • Carmine Tripodi commented
    8 Jan, 2021 10:25am

    Usefull for foreigh invoices. (in Italy Invocies are only edi).

  • Jake Gardner commented
    4 Nov, 2020 09:33am

    Docuware has a pretty good solution that if therefore had something like that it would be excellent.

    If you could have it just in the modern web app with the invoice processing online it would be really cool.

  • Admin
    Product Innovation commented
    20 Aug, 2020 01:33pm

    Thanks for the comment. Therefore can of course be connected to IRIS, a connector is available from IRIS. But we are also integrating Therefore with an AI platform like it was requested in this idea and like it was shown at the Fusion event. This development is currently in progress.

  • Benn Probett commented
    5 Aug, 2020 07:29am

    Hi Manuel,

    Not sure with suppliers in Spain but OCR products like IRISXtract for Accounts Payable (https://irisdatacapture.com/software/irisxtract/) has machine learning/non-template driven OCR engine. This works really nicely in front of Therefore to tag header and line item fields.

    Personally I find this is a nice way to merge Capture, Workflow and Document Management using the right specialist tools for the job.

    An IRIS connector would be a nice Therefore feature, saving a named user being utilised for that interim OCR process.