Products

Invoice AI Automation

AI Data Capture and Reconciliation
  • Cloud-based
  • Rich data capture
  • AI reconciliation
  • Intelligent verification
  • SLAs for financial ERP clients and use cases

Receipt Data Capture

Data Extraction and Verification
  • Cloud-based with APIs for platforms and apps
  • Rich expense data capture including payment type
  • Intelligent verification
  • Global market support

VAT Capture & Processing

AI Tax Capture and Reporting
  • Comprehensive VAT data capture
  • Reclaim eligibility screening & reporting
  • Expense VAT reporting
  • APIs for tax processors, ERPs, and FinTechs
  • Global market support

Itemize Retriever

Small Business Expense Solutions
  • SMB expense mgt apps
  • SMB Accounts Payable and VAT processing
  • Cloud-based AI automation
  • Simple interfaces, powerful platform

Invoice AI Automation

Solution Architecture

Itemize Invoice Capture and Reconciliation converts payables documents into rich data sets for financial applications. The solution reads invoice and PO images, pdfs, emails, and text files in any layout. Using Computer Vision, Artificial Intelligence, Machine Learning, and other technologies, the platform captures rich data, cross checks information, and augments content with additional sources.

The platform reconciles invoice data with POs and other information, in order to decrease manual reconciliation, improve compliance, and automate audit functions. The service is available via easily-implemented APIs for real-time or batch production.

Itemize AI Data Capture and Reconciliation Hub

Invoice AI Automation

Features and Benefits

Rich data sets from invoices
Level One, Level Two, and line item details

99% accuracy guaranteed from any invoice
Accuracy SLAs for specific date fields

Automated invoice reconciliation
Eliminate unnecessary human intervention

Global Market Coverage
Automatic vendor data capture in major markets

Fast Deployments
Restful APIs with rapid setups

Cloud-based redundancy
Always on, completely in the cloud

Enterprise-grade system
High-capacity, high-security built for enterprise scale

Five Star Service
Chat, email, or call whenever you need a hand

Available Data Fields and Functions for Invoices

Data FieldLevelTypeItemize VerificationAccuracy SLA
Vendor1Text
Date1Date
Amount Due1Financial
MCC2Code
VAT / Tax Amount2Financial
VAT Rate2Percentage
Invoice Number2Text
VAT Number2Text
Terms2List-
Country1Code
Currency1Code
Item Descriptions3Text-
PO Number2Text
PO Reconciliation2GUID & Code

Receipt Data Capture

Solution Architecture

Receipt Data Capture and Matching converts receipt documents into rich data sets for financial applications. The solution reads receipt images, pdfs, emails, and text files in any layout. Using Computer Vision, Artificial Intelligence, Machine Learning, and other technologies, the platform captures rich data, cross checks financial information, and augments content with additional sources about the transaction.

The platform also reconciles receipt data with financial transaction information, such as credit card data or T&E report information in order to support compliance and policy controls. The service is available via easily-implemented APIs for real-time apps or batch production.

Itemize AI Data Capture and Reconciliation Hub

Automated Receipt Capture and Matching

Features and Benefits

Rich data sets from paper, pdf, and html receipts
Financial data including tax and merchant details

99% accuracy guaranteed from any receipt
Field-level data capture accuracy SLAs

Automated receipt reconciliation
Match receipts with card transaction and T&E data

Global Market Coverage
Configured to accurately capture data from major markets

Fast Deployments
Restful APIs with rapid setups

Cloud-based redundancy
Always on, completely in the cloud

Enterprise-grade system
High-capacity and high-security, built for enterprise scale

Five Star Service
Chat, email, or call whenever you need a hand

Receipt Capture: Available Data Fields and Functions

Data FieldLevelTypeItemize VerificationAccuracy SLA
Merchant1Text
Date1Date
Grand Total1Financial
MCC2Code
Payment Type2List
VAT / Tax Amount2Financial
VAT Rate2Percentage
VAT Number2Text
Invoice Number2Text
Country1Code
Currency1Code
Payment Data Reconciliation2GUID
Merchant Verification2Code
Compliance Scoring2Code

Markets Supported with SLAs

North America
USA
Canada
Mexico

Africa
South Africa

Asia Pacific
Australia
New Zealand
Hong Kong
Singapore

Europe
UK
Ireland
France
Germany
Spain
Netherlands
Belgium
Scandinavia
Austria
Switzerland

VAT Processing

Solution Architecture

Itemize VAT Capture and Processing helps automate business VAT tracking, reporting, and reclaim. The solution reads receipt images, pdfs, emails, and text files in any layout. Using Computer Vision, Artificial Intelligence, Machine Learning, and other technologies, the platform captures rich VAT and sales tax data, cross checks information, and augments content with additional sources. The platform also reconciles document data with financial transaction information, such as credit card data or T&E report information in order to support VAT tracking, reporting, and reclaim needs. The service is available via APIs that are easily implemented for real-time or batch production.

Itemize AI Data Capture and Reconciliation Hub

VAT Capture and Processing

Features and Benefits

Rich VAT data sets from documents
VAT values, rates, and company information

99% accuracy guarantee from any invoice
Field-level data capture accuracy SLAs

Automated reconciliation with VAT data feeds
Eliminate unnecessary human intervention

Major Market Coverage
VAT processing tuned for key VAT markets features

Fast Deployments
Restful APIs with rapid setups

Cloud-based redundancy
Always on, totally in the cloud

Enterprise-grade system
High capacity, high security built for secure scale

Five Star Service
Chat, email, or call whenever you need a hand

United Kingdom GBP Data Capture Example: Single Rate VAT

FieldValue
Merchant Trade NameCosta Coffee
Merchant EntityCompass Group
CountryUnited Kingdom
LanguageEnglish
CurrencyGBP
Date13/01/2020
VAT Amount 1£0.98
VAT Rate 120.00%
Grand Total£5.85
Tax ID466477701
Doc Nr148033
Merch CategoryDining

Itemize extracts UK VAT from printed receipts and digital documents. Data includes VAT number, VAT rates, such as 20%, VAT amount, net and gross VAT amounts, and other information needed for VAT reporting.  VAT data can be verified, matched and reconciled with other financial data sets to automate VAT processes.

Ireland VAT Data Capture Example: Double Rate VAT

FieldValue
Merchant Trade NameZizzi Restaurant
Merchant EntityAzzuri Restaurants Ltd.
CountryIreland
LanguageEnglish
CurrencyGBP
Date31/01/2020
VAT Amount 1£5.38
VAT Rate 113.50%
VAT Amount 2£1.40
VAT Rate 223.00%
Grand Total£52.75
Tax ID3397529TH
Doc Nr0002
Merch CategoryDining

Itemize can extract VAT from EU documents in cases where there are multiple VAT rates. For example, a printed receipt can have both a standard 20% and reduced 13.5% rate. Data captured can include VAT number, VAT rates, amounts, net and gross, other information needed for VAT reporting.  VAT data can be verified, matched and reconciled with other financial data sets to automate VAT processes.

VAT Data Capture Example: Germany Single Rate VAT

FieldValue
Merchant Trade NameDieBergstation
Merchant EntityDieBergstation
CountryGermany
LanguageGerman
CurrencyEUR
Date25/09/2016
VAT Amount 1€3.07
VAT Rate 119.00%
Grand Total€19.20
Tax ID288293565
Doc Nr11-6752
Merch CategoryDining

German VAT documents (MwSt and USt) can be processed via the Itemize hub. Data processed includes VAT Number (Steuer-Nr), tax rate, tax amount, net, gross, and other fields needed for Germany VAT reporting.

VAT Data Capture Example: France Single Rate VAT

FieldValue
Merchant Trade NameSES
Merchant EntitySES
CountryFrance
LanguageFrench
CurrencyEUR
Date09/03/2020
VAT Amount 1€1.44
VAT Rate 110.00%
Grand Total€15.80
Tax ID41348415506
Doc Nr2498478/001
Merch CategoryDining

French VAT documents (IVA) can be processed via the Itemize hub. Data processed includes VAT Number (IVA: FR), tax rate, tax amount, net, gross, and other fields needed for French VAT reporting.

Itemize Retriever

Solution Architecture

Itemize Retriever is a friendly, easy-to-use automated invoice and payables system that simplifies tedious and time-consuming manual data entry. Designed with intuitive features, Retriever is just darn good invoice and AP management software.

Step 1
Set Up

  • Email invoice auto retrieval
  • Cloud accounting sync
  • Forward emails & snap images

Time: 60 seconds

Step 2
Engage AI

  • Extracts & verifies data
  • Assigns Vendor codes
  • Reconciles documents

Time: 15 seconds

Step 3
Review & Pay Bills

  • Review bills, invoices, and receipts. Pay what’s outstanding.

Time: 5 minutes

Step 4
Approve Uploads to Accounting

  • Push transactions to accounting software

Time: 60 seconds

Retriever Expense Management

Itemize delivers great expense management features designed to keep you organized on the go. Easily capture, tag, and manage your receipts in one easy-to-use interface.

Capture Paper Receipts

Itemize harnesses AI to automatically capture receipt data. Results are typically read and verified in 60 seconds.

Auto Upload E-Mailed Receipts

Itemize syncs with Gmail, Exchange and others so that your digital receipts appear automatically in your account.

Assign Tags and Project Codes

Assign project codes, expense categories, and comments to receipts. Plus you can sort and filter expenses as you like.

Match Receipts with Statements

Securely connect your credit card accounts so that Itemize automatically pairs receipts with their matching credit card record.

Easily Generate Reports

Templated formats quickly generate standard reports. Or you can download data sets to Excel and do it yourself.

Upload to Accounting Software

Itemize connects with QuickBooks, Xero and SageOne to keep your accounting up to date.

Sales Tax and VAT Reporting

Itemize automatically captures and reads sales tax and VAT data for your tax reporting needs. Just run a report.

Reimburse Others Instantly

Connect to Venmo so that you can link a receipt to a Venmo payment or request. Keeps your team members happy with fast reimbursements.