Procurement Treasury

Extract payments from PDF and never miss a due payable

Automatically pull payment details from contracts, invoices or receipts and reconcile with your systems.

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Built by
Phacet
Category
Procurement Treasury
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Finance teams lose time and accuracy reconciling payables because payment data is hidden in PDF documents from contracts to scanned invoices or receipts.

Phacet extracts structured payment data using OCR and matches it to expected payables or accounting entries, allowing full control over who’s been paid and what’s overdue.

When to use this Phacet

Perfect for accountants, operations leads or back-office managers who want to:

• Extract amounts, dates, and references from payment PDFs

• Match documents to payable lines or accounting entries

• Eliminate manual reconciliation between contracts and tools

AI skills involved

OCR extraction

Convert scanned or PDF documents (invoices, contracts, bank statements…) into machine-readable text. Phacet uses advanced OCR to extract key information line by line (amounts, dates, suppliers), even from complex or low-quality documents.

Matching & Reconciliation

Automatically match rows across files, systems or formats: invoices vs. payments, contracts vs. invoices, bank lines vs. accounting entries. Phacet supports fuzzy logic, partial matches and multi-criteria rules.

Intelligent Labeling

Automatically classify rows, transactions or documents using predefined or dynamic categories. Label supplier payments, categorize expenses, tag revenue streams Phacet learns with just a few examples.

Human Supervision & AI Teaching

Review, correct and approve Phacet results manually and improve its intelligence over time. Users can intervene on any field or classification suggested by the AI. Every correction is stored as an example to refine Phacet’s behavior on similar documents and workflows.

→ Ideal for continuous learning loops and maintaining full control in production.

Business impact

95% accuracy

On extracting payment data from unstructured documents

Saves hours

Of manual checking across Odoo, Pennylane, and contract folders

Saves hours

Of duplicate or missing payments

Integrated with everything

and much more...

Read the full case study
AI catalog management: 6x faster operations
Error reduction: from 7% to 2%
Financial reconciliation: 1 week saved /month

Visualize your cash flows and budget variances in real-time with a supervised AI workflow.

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How it works

We believe choosing the right use case is more important than testing AI for the sake of it.

Step 1
Step 2
Step 3
Step 4
Step 1

Upload

Import PDFs (contracts, receipts, invoices) via Drive, Odoo...

Step 2

Identify

Phacet extracts key fields (amount, IBAN, dates, PO references, etc.)

Step 3

Find

Matching engine finds the corresponding payable or accounting line

Step 4

Confirm

Validate and push back to your system or export results

How it works

Steps to get Started

Step 1

Upload

Import PDFs (contracts, receipts, invoices) via Drive, Odoo...

Step 2

Identify

Phacet extracts key fields (amount, IBAN, dates, PO references, etc.)

Step 3

Find

Matching engine finds the corresponding payable or accounting line

Step 4

Confirm

Validate and push back to your system or export results

Unlock your AI potential

Do more with your existing resources using tailored AI solutions.