Intelligent Document Recognition

Many suppliers and customers send and receive Payables invoices electronically via email. Oracle Fusion Cloud ERP offers Intelligent Document Recognition (IDR), a fully integrated invoice recognition solution. It extracts invoice information from the emailed documents to create invoices and imports them into Payables.

IDR provides a seamless and secure user experience and supports all stages of the invoice lifecycle. As you use the IDR service, it uses machine learning to improve the extraction. It learns from corrections that you make to invoices to understand how to extract invoice fields when it receives future invoices from a supplier. As a result, invoice recognition improves over time.

IDR enables our customers to quickly process supplier invoices from entry to payment. This end-to-end solution requires minimal setup and configuration, reducing the total cost of ownership and enhancing capital management.

High-Level Product flow:

1. IDR Inbox receives emails with invoices attached.
2. IDR processes the invoices and extracts the relevant information.
3. Invoices appear in the Scanned Information tile on the Invoices landing page with one of the following statuses:
   • Incomplete: implies that they need attention
   • Not Validated: implies that all expected fields are recognized
4. You can correct the Incomplete invoices using the Interactive Viewer by selecting the correct information on the invoice.
5. IDR learns from your corrections to improve extraction on subsequent invoices.

You can see the number of scanned invoices in the Scanned infotile on the Invoices landing page. However, this tile only shows the number of invoices that are either incomplete or not validated.

Scanned Information Value	Explanation
0-7	Invoices scanned in the past 7 days
8-14	Invoices scanned in the past 8 to 14 days
15+	Invoices scanned over 15 days ago

The Recent infotile shows the number of Validated invoices.