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TurboDoc

AI-driven platform transforming unstructured invoices and receipts into structured, easy-to-read data, automating invoice processing and AP workflows.

Introduction

TurboDoc is an AI-powered invoice processing and automation tool designed to streamline accounts payable workflows. It leverages advanced AI and OCR technology to extract data from unstructured invoices and receipts, converting them into structured data for easy analysis and integration with accounting systems.

Key Features:

  • Intelligent Document Processing: Automatically extracts key information from invoices, including company names, amounts, dates, and line items.
  • Gmail and Outlook Integration: Connects to Gmail and Outlook accounts to automatically capture and process invoices received via email.
  • Data Organization: Presents extracted data in a user-friendly dashboard for analysis, reporting, and comparison.
  • Data Export: Allows users to export data in XLS and CSV formats for further accounting and analysis.
  • Secure Data Storage: Employs AES256 encryption and stores data on secure servers in the USA.
  • API Access: Offers an API for developers to integrate TurboDoc's capabilities into their own applications.

Use Cases:

  • Automated Invoice Processing: Automate the extraction of data from invoices, reducing manual data entry and saving time.
  • Accounts Payable Automation: Streamline accounts payable workflows by automatically capturing, processing, and organizing invoice data.
  • Financial Reporting: Generate reports and analyze invoice data to gain insights into spending patterns and financial performance.
  • Compliance and Auditing: Ensure compliance with accounting standards and simplify audits by providing organized and easily accessible invoice data.

Alternatives

  • Rossum.ai

    Rossum.ai offers an AI-powered intelligent document processing platform that automates data extraction from invoices and other financial documents.

  • ABBYY FlexiCapture

    ABBYY FlexiCapture is a comprehensive data capture and document processing platform that handles various document types, including invoices, with advanced OCR and AI capabilities.

  • Kofax ReadSoft Invoices

    Kofax ReadSoft Invoices automates invoice processing by extracting data and validating it against purchase orders and other relevant information.

  • UiPath Document Understanding

    UiPath Document Understanding uses AI and RPA to automate document processing, including invoice data extraction and validation, as part of a broader automation platform.

  • Hyperscience

    Hyperscience provides a machine learning-powered platform for automating document processing and data extraction, focusing on high accuracy and efficiency.

  • Datamatics TruCap+

    Datamatics TruCap+ is an intelligent document processing solution that automates invoice processing with AI-powered data capture and workflow automation.

  • Tipalti

    Tipalti automates the entire accounts payable process, including invoice processing, global payments, and compliance, offering a comprehensive AP automation solution.

  • Bill.com

    Bill.com simplifies bill payment and invoice management for small and medium-sized businesses, offering features like automated data capture and approval workflows.

  • Stampli

    Stampli provides an AI-powered invoice management platform that streamlines invoice processing, approvals, and payments with a focus on collaboration and control.

  • Docparser

    Docparser is a document parsing tool that extracts data from PDFs, images, and other document types, allowing users to automate data entry and streamline workflows.

User Reviews

4.6/5.0
(64reviews)
Click stars to rate

Pricing

Pricing Model: Subscription

Simple Plan

Cloud plan, including personal account organization, 50 invoices processed per month, and automatic invoice processing for Gmail.

$6/month
monthly

Pro Plan

Cloud plan, offering advanced technical support and faster response times. Can process more invoices and bank statements, and supports connecting multiple Gmail or Outlook accounts.

$30/month
monthly

Self-hosting Plan

Pricing customized according to specific needs, invoices processed on your server.

Ad-hoc
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FAQ

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