Canonical: https://unicorncurrencies.com/features/ai-invoice-ocr/

# Intelligence: Intelligent Bills & Payables (AI OCR)

## Summary

Upload any invoice—AI extracts data in seconds



Upload bills in any format—PDF, image, email. Our AI automatically extracts supplier name, amount, currency, due date, and line items. One-click payment scheduling eliminates manual data entry and reduces errors.

## How It Works

- **Step 1:** Upload Any Format — Drag and drop PDFs, photos, scans, or forward emails directly. Our AI handles any invoice format, any language, any layout.

- **Step 2:** AI Extraction — Within 3 seconds, AI extracts: supplier name, invoice number, amount, currency, due date, payment terms, and line items. Review and edit if needed.

- **Step 3:** Automatic Matching — AI matches to existing suppliers in your system. For new suppliers, it pre-fills beneficiary details from the invoice.

- **Step 4:** One-Click Payment — Schedule payment immediately or set for due date. Track status from "Scheduled" through "Settled" in real-time.

## Benefits

- document capture supports any invoice format (PDF, image, email)

- 99%+ accuracy on standard commercial invoices

- Automatic data extraction in under 3 seconds

- One-click payment from bill

- Track payment status in real-time

- Bulk upload and process multiple bills

## Use Cases

- **High-Volume Bill Processing:** Accounts payable receives 200+ invoices monthly. Bulk upload to the dashboard, AI extracts all data, team reviews exceptions only. Processing time drops from 2 hours to 15 minutes.

- **International Invoices:** Suppliers send invoices in Chinese, Arabic, Spanish. AI reads any language, extracts amounts in any currency, and converts to your base currency for tracking.

- **Mobile Invoice Capture:** Warehouse manager photographs paper invoice from delivery. App processes instantly, creates payment, and routes for approval—no return to office needed.

## Operational Difference

- **Invoice Processing:** Unicorn Currencies: document capture—3 seconds. Banks: Manual data entry.

- **Format Support:** Unicorn Currencies: Any (PDF, image, email, any language). Banks: Specific templates only.

- **Payment Initiation:** Unicorn Currencies: One-click from invoice. Banks: Separate payment portal.

- **Status Tracking:** Unicorn Currencies: Real-time updates. Banks: Manual checking.

## FAQs

- **What invoice formats does the document capture support?** Our AI handles PDFs, images (JPEG, PNG), scanned documents, email attachments, and even photos of paper invoices. It works with any layout, any language, and handles messy scans, handwritten notes, and multi-page documents.

- **How accurate is the data extraction?** 99%+ accuracy on standard commercial invoices. The AI extracts supplier name, invoice number, amount, currency, due date, payment terms, and line items. You can review and edit any field before payment.

- **Can I process invoices in foreign languages?** Yes. The AI reads invoices in Chinese, Arabic, Spanish, German, French, Japanese, and 50+ other languages. Amounts are extracted regardless of language and converted to your preferred currency for display.

- **How do I pay directly from an invoice?** After AI extracts the data, click "Pay" to schedule payment. The invoice amount, currency, and supplier are pre-filled. Lock the rate, confirm, and the payment is scheduled or executed immediately.

- **Can I bulk upload multiple invoices?** Yes. Drag and drop dozens of files at once, or forward emails with attachments directly. The AI processes each invoice in parallel and queues them for review and payment.