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Upload financial
documents
Easy bulk upload of pdf documents and e-invoices via email forwarding and API
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Pedant is an intelligent document processing (IDP) platform that streamlines financial document management, including invoices, delivery notes, and bank cheques. It leverages artificial intelligence (AI) to automate data extraction, classification, and verification from such documents.
By transforming manual document handling into a streamlined digital workflow, Pedant reduces operational costs, speeds up processing times, and minimises errors. It is an indispensable tool for any business looking to optimise its transactional workflow.
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Processing financial documents like invoices, cheques, and delivery notes is a critical function in business operations, but it is often plagued by inefficiencies, errors, and high costs. Traditional methods involve manual data entry, cross-verification, and extensive paper trails, leading to:
To address these challenges, we aimed to develop Pedant - a comprehensive, automated document processing solution.
Build a system to automate document digitisation and data extraction
Use machine learning (ML) algorithms to improve data accuracy and compliance with invoice fraud detection and duplicate checking
Enhance account processing efficiency, reduce financial discrepancies, and accelerate payment cycles
Easy bulk upload of pdf documents and e-invoices via email forwarding and API
Pre-trained and continuously evolving Machine-Learning model extracts document details such as invoice-number, date, amount, and line items
Pedant uses AI to automate validation against predefined rules, formats, and databases. It identifies and flags discrepancies, such as missing tax numbers or IBANs
Effortless data export in preferred format. Pedant’s developer interface provides API endpoints for seamless integration with ERP and accounting platforms
Pedant is engineered to revolutionise financial document management across diverse business. Its core features include:
Pedant deploys sophisticated algorithms to identify and prevent fraudulent activities, safeguarding financial data
The system efficiently detects and manages duplicate invoices, preventing payment errors and financial discrepancies
Designed to sync with existing ERP and accounting systems, it maintains data integrity and compliance across all platforms
Pedant supports compliance with country-specific regulations, such as ZATCA (Saudi Arabia), UStG (Germany), and more
The platform supports cheque signature verification and fraud detection, ensuring every transaction is authentic and secure
We implemented our venture building model to develop a roadmap for the platform
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