Invoices

An invoice is a document requesting payment for products or services that a vendor provided to a buyer during a specific transaction. Invoices typically contain line items detailing each good and service provided.

Invoice lifecycle in Ottimate

In a typical invoice management cycle, users or vendors can upload invoice files to Ottimate via email, desktop, or mobile. Structured invoice data is extracted within seconds through Ottimate’s proprietary AI extraction engine, InstantCapture. The invoice is then matched against purchase orders and receipts (if applicable) and coded with appropriate dimensions. Once approved, the invoice is submitted for payment, and invoice data is recorded in the general ledger in the client’s ERP system.

What you can do with Invoice APIs