Description
Invofox is an AI-powered tool designed to extract structured data from various documents such as invoices, payslips, contracts, and more, using a single API. It boasts a high accuracy rate of 99.2%, achieved through continuous learning and feedback loops. This ensures that the system improves over time, adapting to specific document types and fields as flagged by users.
The platform supports a wide range of document types out of the box, including invoices, receipts, delivery notes, purchase orders, bank statements, utility bills, ID documents, contracts, tax forms, and US mortgage documents. Custom schemas can also be configured for other document types, allowing businesses to tailor the extraction process to their specific needs.
Integration with Invofox is straightforward, typically taking just an afternoon to set up. The API is accessible via REST, webhook, or polling, and does not require an SDK. Most teams can move to production within a week, including their own testing. Pricing is based on a per-page model, with volume discounts available for larger workflows. Enterprise contracts can be customized based on document volume and complexity.
Invofox offers a free tier for new accounts, allowing users to evaluate the API without commitment. Data processing is primarily conducted in the EU, with US processing available on request. The platform is compliant with SOC 2, GDPR, and ISO 27001 standards, ensuring data security and privacy.
The tool is particularly beneficial for industries such as fintech, logistics, and accounting, where document processing is critical. It provides a scalable solution that reduces the need for manual intervention, allowing businesses to focus on their core operations. Invofox's robust infrastructure and continuous learning capabilities make it a reliable choice for companies looking to streamline their document processing workflows.
Invofox's Core Features
99.2% accuracy with continuous learning
Supports invoices, payslips, contracts, and more
REST API, webhook, or polling integration
Per-page pricing model with volume discounts
Free tier available for evaluation
Custom document schemas supported
Data processing in EU and US
SOC 2, GDPR, ISO 27001 compliant
Zero-retention mode for sensitive data
Multi-language support including English, Spanish, and more
Automatic feedback loop for accuracy improvement
Enterprise-grade security and compliance
Fast integration, typically within a week
Custom SLAs for enterprise contracts
On-prem and VPC deployment options
How to use Invofox?
Configure: Set up your target schema and sample documents
Integrate: Use the REST API, webhook, or polling
Use: Start processing documents and extracting data
Optimize: Utilize feedback loops for continuous improvement
Invofox's Use Cases
- Invoice Processing
- Payslip Management
- Contract Analysis
- Bank Statement Processing
- Utility Bill Management
