Revolutionizing Invoice Management with AI-OCR
In an increasingly digital landscape, managing financial documents efficiently is crucial for businesses. JobCan, a cloud accounting software developed by
DONUTS Inc., has announced the launch of its new AI-OCR (Artificial Intelligence Optical Character Recognition) feature within its
JobCan Evidence Management system. This innovative addition aims to streamline the process of reading and managing invoices and receipts, automating what used to require manual data entry.
Background of the Development
The
JobCan Evidence Management tool allows users to store and manage their financial documents, such as invoices and receipts, electronically. It complies fully with Japan’s Electronic Bookkeeping Act regarding the
electronic preservation of transaction data and the
scanner storage system. Previously, while PDF invoices could be read automatically, receipts and image-based documents were still reliant on manual input, leading to potential errors and inefficiencies.
Now, with the introduction of the AI-OCR feature, businesses can expect a drastic reduction in the time and effort required for entry. Users can take images of receipts and invoices, and the AI-OCR technology will extract essential data automatically, making the entire process hassle-free.
Capabilities of the AI-OCR Functionality
1.
Automatic Data Extraction: The AI-OCR can read crucial information from invoices and receipts, including:
-
Transaction Date
-
Amount
-
Client Name
This data is immediately utilized within the evidence management system, significantly minimizing manual work.
2.
Qualified Invoice Registration Search: This feature extends beyond basic reading capabilities. It allows users to automatically obtain the registration number of qualified businesses from the database maintained by the National Tax Agency in Japan, enhancing compliance and efficiency during document preservation.
Overview of JobCan Evidence Management
The
JobCan Evidence Management system is integrated into the
JobCan Accounting software. It meets all necessary requirements set forth by electronic bookkeeping regulations and offers the advantage of enhanced order and accessibility for financial documentation. Utilizing AI-OCR enables automatic reading and registration of data, all while supporting the transition to a paperless environment. This innovative system aids organizations in managing their tax-related documents in one digital space effectively.
For further details, visit the
JobCan Evidence Management page.
About JobCan Accounting
JobCan Accounting is a cloud-based accounting solution that incorporates the user-friendly features of traditional accounting software with the benefits of cloud accessibility. It offers several functionalities designed for efficiency, including:
- - Easy keyboard input for ledgers
- - Tabbed displays allowing multiple ledgers to be opened simultaneously
- - Automatic updates of summaries when total values change
- - Yearly past reference without switching years
- - Visibility of active users during simultaneous edits
Additionally, features like budget management and cash flow tracking make it adaptable to businesses of all sizes. With free data storage, updates, and easy web login, it truly leverages the power of cloud technology.
About DONUTS Inc.
Founded on February 5, 2007,
DONUTS Inc. is headquartered at
2-2-1 Yoyogi, Shibuya-ku, Tokyo. Led by CEO
Keisei Nishimura, the company engages in various sectors, including cloud services, gaming, video streaming, healthcare, and media publishing. For more information, visit the
DONUTS official website or check their
recruitment page.