Introducing Invoice Detector 2.0
October 10, 2024
We’re excited to announce the launch of Invoice Detector 2.0! Our product has evolved, and so have we. We’ve listened to your feedback, studied the needs of accounting and bookkeeping professionals, and rebuilt Invoice Detector from the ground up.
Invoice Detector 1.0 was all about fetching invoices from multiple platforms and putting them in one place. It helped startup founders and freelancers organize their finances more easily. But as we grew, so did our vision.
So, what’s new in Invoice Detector 2.0?
The main shift with Invoice Detector 2.0 is our focus. Instead of fetching invoices, we now focus on extracting, validating, and categorizing financial data automatically. This pivot is designed specifically for accounting and bookkeeping professionals, enabling them to streamline their workflows, increase accuracy, and free up time for more strategic tasks.
Key features of Invoice Detector 2.0
Accurate Data Extraction: With AI, Invoice Detector now pulls out key details from documents like supplier information, line items, due dates, and more—no manual input required.
Automatic Categorization & Validation: It checks and verifies every document for you, making sure everything is categorized and ready for bookkeeping.
Seamless Integrations: Easily send all your data to the accounting software you already use. Whether it’s Xero, QuickBooks, or others, Invoice Detector connects seamlessly.
"How It Started" vs "How It’s Going"
Our first version helped startup founders and freelancers by fetching invoices automatically from multiple email inboxes and various services, making life simpler for them. Here's a peek at how it looked:
Now, with our advanced AI-driven extraction and validation, Invoice Detector 2.0 is geared toward accounting and bookkeeping professionals who need more power and accuracy. Take a look at the new design and features:
Why the change?
We realized that while startup founders and freelancers benefited from our platform, accounting and bookkeeping professionals had more complex needs. Instead of just fetching invoices, finance professionals need precise data extraction and verification to handle high volumes of financial documents efficiently. That’s why we’ve built Invoice Detector 2.0 with more robust tools to support these processes.
How does it work?
1- Upload your invoices to Invoice Detector,
2- our AI automatically separates PDFs, extracts all invoice items, filters out duplicates and non-documents, automatically creates creditor/debtor records, and generates ledger-ready entries,
3- you review edge cases and sync the data with your preferred accounting software with a single click.
Start your free trial today!
Create your free trial account so you can experience the power of Invoice Detector for yourself—no credit card required! Get started today and let us take the headache out of managing financial documents.