PDF invoices are an integral part of the business world. They are widely used because they are great for maintaining document integrity. But, extracting data from them can be a time-consuming and tedious process.
If you are in the same boat, getting frustrated every now and then due to this, you will be delighted to learn about Intelligent Document Processing (IDP). It converts PDF invoices to Excel with efficiency and is very cost-effective. Read on to learn more:
Understanding Intelligent Document Processing (IDP)
Intelligent Document Processing is a cutting-edge technology that utilises AI and ML to extract various types of documents, including PDFs. IDP offers a superior method for converting PDF invoices to Excel by automating the extraction process, saving time, and reducing errors.
Benefits of Using IDP for PDF to Excel Conversion
- Time Efficiency: Manual extraction of data from PDF invoices can be a time-consuming task. IDP automates the process, significantly reducing the time required to convert PDFs to Excel.
- Accuracy and Data Integrity: Intelligent document processing algorithms are trained to recognise patterns and extract data accurately. With IDP, you can expect a high level of accuracy and minimise the risk of errors that are common with manual data entry.
- Cost Savings: By automating the PDF to Excel conversion process, businesses can save valuable resources in terms of labour costs. IDP allows employees to focus on more strategic tasks by eliminating the need for human intervention.
- Scalability: Intelligent document processing is highly scalable, making it suitable for businesses of all sizes. Whether you have a few invoices or thousands of them, IDP can handle the workload efficiently without compromising accuracy or speed.
Steps to Convert PDF Invoices to Excel using IDP
Choose a reliable IDP software: Research and select an IDP software that specialises in PDF to Excel conversion. We recommend that you try Hamta because it has high accuracy rates, customisable templates, and offers easy integration with existing systems.
Install and set up the software: Follow the installation instructions provided by Hamta. Configure the settings according to your preferences and ensure compatibility with your computer system.
Import the PDF invoices: Open the IDP software and import the PDF invoices you want to convert. The software will automatically analyse the document structure and extract relevant data fields.
Customise: Review the extracted data and make any necessary adjustments or corrections. Hamta allows you to create custom templates to match your specific invoice formats.
Verify: Once you are satisfied with the data extraction, initiate the conversion process. Hamta will convert the PDF invoices to Excel format, preserving the data integrity and structure.
Cross-check: Open the converted Excel file and verify the extracted data. Cross-check it with the original PDF invoices to ensure accuracy. Hamta’s accuracy is above-par – so you don’t have to worry!
Intelligent Document Processing has revolutionised the way businesses convert PDF invoices to Excel. Embracing this technology not only saves time and resources but also enhances overall operational efficiency.
Explore Hamta today and experience this power first-hand – It will be a game-changer for your business!