Xtracta
9 Case Studies
A Xtracta Case Study
Check an Invoice, a UK-based smart document processing start-up, needed a better way to handle the manual processing of invoices and other core documents. With invoices arriving in different formats and from multiple sources, the company’s customers were facing time-consuming, error-prone, and costly accounts payable workflows. Check an Invoice chose Xtracta’s OCR and data extraction technology to power its core automation functionality.
Using Xtracta’s AI-driven document extraction engine, Check an Invoice built a cloud-based SaaS platform that automatically digitises invoice data and feeds it back into the payment process. The solution also supports duplicate invoice checks, supplier validation, GST/VAT and PAN verification, fraud and exception alerts, and transaction limit monitoring. By partnering with Xtracta, Check an Invoice was able to launch quickly, focus on its differentiating features, and grow its customer base across banks, insurers, and private companies seeking to simplify month-end processing.
Radhika Chatterjee
Chief Product Officer