AI-Driven Document Processing: A Novel Framework for Automated Invoice Data Extraction from PDF Documents

This article presents a novel approach to automating invoice data extraction using artificial intelligence, addressing the persistent challenges of manual processing in enterprise environments. Traditional rule-based methods for extracting data from PDF invoices have proven inadequate for handling diverse document formats and scaling to meet growing business demands. The article proposes an AI-driven pipeline that integrates optical character recognition, natural language processing, and machine learning to create a robust, scalable solution for automated invoice processing. The system employs an event-driven architecture with real-time processing capabilities, incorporating advanced validation mechanisms and seamless integration with existing enterprise resource planning systems. Through a comprehensive case study at a large retail organization, the article demonstrates significant improvements in processing speed, accuracy, and operational efficiency compared to traditional methods. The findings indicate that AI-driven approaches can substantially reduce manual intervention while improving data quality and compliance. This article contributes to the growing body of knowledge on intelligent document processing and provides practical insights for organizations seeking to modernize their financial operations through automation.

Authors

Publication Details

Journal
International Journal For Multidisciplinary Research
Published
2024-12-04
DOI
https://doi.org/10.36948/ijfmr.2024.v06i06.32247
Citations
1
Primary Topic
Impact of AI and Big Data on Business and Society
Type
article
Field-Weighted Citation Impact
0.49
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article

AI-Driven Document Processing: A Novel Framework for Automated Invoice Data Extraction from PDF Documents

Santoshkumar Anchoori -
1 citations
International Journal For Multidisciplinary Research
Impact of AI and Big Data on Business and Society
0.49
article

AI-Driven Document Processing: A Novel Framework for Automated Invoice Data Extraction from PDF Documents

Santoshkumar Anchoori -
article en
1 citations

Abstract

This article presents a novel approach to automating invoice data extraction using artificial intelligence, addressing the persistent challenges of manual processing in enterprise environments. Traditional rule-based methods for extracting data from PDF invoices have proven inadequate for handling diverse document formats and scaling to meet growing business demands. The article proposes an AI-driven pipeline that integrates optical character recognition, natural language processing, and machine learning to create a robust, scalable solution for automated invoice processing. The system employs an event-driven architecture with real-time processing capabilities, incorporating advanced validation mechanisms and seamless integration with existing enterprise resource planning systems. Through a comprehensive case study at a large retail organization, the article demonstrates significant improvements in processing speed, accuracy, and operational efficiency compared to traditional methods. The findings indicate that AI-driven approaches can substantially reduce manual intervention while improving data quality and compliance. This article contributes to the growing body of knowledge on intelligent document processing and provides practical insights for organizations seeking to modernize their financial operations through automation.

International Journal For Multidisciplinary ResearchVol. 6(6)
Decent work and economic growth
Openalex Percentile: Top 28%
Impact of AI and Big Data on Business and Society
0.49
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AI-Driven Document Processing: A Novel Framework for Automated Invoice Data Extraction from PDF Documents — Santoshkumar Anchoori - · International Journal For Multidisciplinary Research (2024) | TGRS Research Map | TGRS