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InvoRec
About InvoRec
InvoRec is an invoice audit tool that uses AI to extract and structure data from invoices in PDF, scan, or photo formats. It audits line items against user-provided contracts or rate cards to detect overcharges and billing discrepancies before payment. The software supports GDPR-aligned data handling and can process invoices in any language without requiring template setup. Users can choose to extract data only or perform a full audit, with results exported to Excel, CSV, JSON, or Google Sheets. The tool is designed for businesses that need to verify freight, vendor, or utility invoices against agreed terms, reducing manual review time and preventing overpayments. It also offers email forwarding for invoices and supports batch processing for higher-tier plans.
Key features
- AI invoice data extraction
- Line-item level auditing against contracts
- Multi-format exports (Excel, CSV, JSON, Google Sheets)
- Email forwarding for invoices
- Batch processing for higher-tier plans
- GDPR-compliant data handling
- Supports invoices in any language
- No template setup required
Use cases
- Freight invoice auditing against carrier rate cards
- Vendor invoice verification against purchase orders
- Utility bill auditing for overcharges
Pros
- AI-powered invoice data extraction and auditing
- Line-item level verification against contracts or rate cards
- Supports multiple export formats (Excel, CSV, JSON, Google Sheets)
- GDPR-aligned data handling
- No template setup required for invoice processing
Cons
- Requires reference documents (contracts or rate cards) for auditing
- Export to Google Sheets, JSON, and API access are paid features
- Processing limited by available credits per plan
Frequently asked questions about InvoRec
What does InvoRec do?
InvoRec is an AI-powered invoice audit software that extracts and structures data from invoices in PDF, scan, or photo formats, then audits line items against user-provided contracts or rate cards to detect overcharges and billing discrepancies before payment.
Who is InvoRec suitable for?
The tool is designed for businesses that need to verify freight, vendor, or utility invoices against agreed terms, such as finance teams, procurement departments, or logistics managers.
How does InvoRec handle data privacy?
InvoRec supports GDPR-aligned data handling, ensuring that invoice data is processed and stored in compliance with privacy regulations.
Can InvoRec process invoices in different languages?
Yes, InvoRec can process invoices in any language without requiring template setup, making it suitable for international operations.
What export formats does InvoRec support?
InvoRec allows exporting audit results and extracted data to Excel, CSV, JSON, or Google Sheets, depending on the plan.
How do credits work in InvoRec?
Credits are used per page extracted or audited, with 1 credit per page for extraction and 2 credits per page for auditing. Additional credits can be purchased or rolled over in higher-tier plans.