PayXtract — AI-Powered Invoice Data Extraction & Processing
ShareDocs AI Data Extraction uses OCR and machine learning to extract structured data from any document type — invoices, identity documents, forms, contracts — with configurable confidence scoring that routes auto-approved and manual review cases intelligently.
AI Data Extraction — From Any Document, At Scale with Confidence Scoring
Every manual invoice your AP team processes is a minute spent on data entry instead of analysis — and every human error means a payment dispute.
PayXtract is HridayamSoft's AI-powered invoice data extraction engine — purpose-built for Indian enterprises, NBFCs, and procurement-heavy sectors. With 98%+ extraction accuracy in under 6 seconds, PayXtract eliminates manual data entry from your accounts payable workflow and integrates directly into your ERP or DMS.
ShareDocs AI Data Extraction eliminates manual data entry from document-heavy processes. The confidence scoring engine separates high-confidence auto-approved extractions from low-confidence records that need human review — giving you the accuracy of manual processing at the speed and scale of automation.
- AI-powered ECM — 4 native AI features, not marketing language
- ISO 27001 certified — auditable data security
- 400+ configurable workflows, no coding required
- SaaS: go live in 3 days. On-premise: 2–4 weeks
- 97% annual renewal rate — clients stay because it works
- India-based support team — not an overseas ticket queue
How teams use ShareDocs AI Data Extraction
Invoice Processing — AP Automation
Invoice uploaded — AI extracts vendor name, invoice number, date, GSTIN, PO number, line items, tax amounts in under 6 seconds. Data exported to ERP automatically. 98%+ accuracy. 80% reduction in manual AP effort.
Identity Document Extraction
PAN, Aadhaar, passport, driving licence — AI extracts name, DOB, ID number, address automatically. Used in KYC onboarding, HR onboarding and customer registration workflows. Confidence scoring routes uncertain extractions for review.
Bulk Folder-Based Processing
Configure a folder as the intake point. Documents uploaded automatically processed — OCR, field extraction, confidence scoring. High-confidence records exported to ERP or database. Low-confidence records routed to review queue. Thousands of documents processed overnight.
2-Way & 3-Way PO Matching
Extracted invoice data automatically matched against purchase orders and goods receipt notes. Discrepancies flagged before payment approval. Eliminates manual matching effort and prevents duplicate or incorrect payments.
AI Data Extraction features
| Feature | What it does | Type |
|---|---|---|
98%+ Extraction Accuracy | AI extraction with 98%+ accuracy across invoice formats — any layout, any vendor | ✦ AI |
Under 6 Seconds Processing | Each invoice processed in under 6 seconds — from upload to structured data output | ✦ AI |
Confidence Scoring | Configurable confidence threshold — high-confidence auto-accepted, low-confidence flagged for review | ✦ AI |
Multilingual OCR | Built-in OCR with multilingual support — no third-party OCR tool required | |
Bulk Folder Processing | Folder-based bulk workflow processes thousands of documents automatically overnight | ✦ AI |
2-Way & 3-Way PO Matching | Automatic matching of invoices against POs and GRNs — discrepancies flagged before approval | |
ERP Export | Direct API integration with SAP, Oracle, Tally — or JSON/CSV export on schedule | |
Custom Document Types | Custom field extraction configured for any structured document type in 1–3 days | ✦ AI |
Frequently asked questions — AI Data Extraction
How does the confidence scoring system work?
When AI extracts data from a document, it assigns a confidence score to each extracted field — a percentage indicating how certain the model is about the extraction. You configure a confidence threshold (e.g., 85%). Fields above the threshold are auto-accepted. Fields below the threshold are flagged for human review, with the AI-suggested value pre-populated for the reviewer to accept or correct.
What document types can ShareDocs AI extract data from?
ShareDocs AI can extract structured data from invoices (any format), purchase orders, delivery notes, identity documents (PAN, Aadhaar, passport, driving licence), bank statements, insurance policies, contracts, forms and application documents. Custom field extraction can be configured for any structured document type specific to your business.
How does bulk folder-based extraction work?
You configure a specific folder (or SFTP location) as the intake point for a document type. When documents are uploaded to that folder, ShareDocs automatically processes them — running OCR, extracting configured fields and applying confidence scoring. High-confidence records are exported to your configured destination (ERP, database, CSV). Low-confidence records are routed to a review queue.
How is extracted data exported to ERP systems?
ShareDocs provides direct API integration for export to SAP, Oracle, Tally and other ERP systems. Extracted data can also be exported as structured JSON or CSV files on a scheduled or triggered basis. Our implementation team configures the export mapping for your specific ERP data schema during deployment.
How long does it take to configure extraction for a new document type?
Standard document types (invoices, PAN, Aadhaar) are pre-configured and work immediately. For custom document types, configuration takes 1–3 days — our team defines the field list, trains the extraction model on sample documents and validates accuracy before going live.
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