Experience shows that the key challenge for an accounting firm offering comprehensive accounting services to their clients is that of ensuring that all the necessary information is accurately and comprehensively transferred into the accounting system. Typically, the process relies on manual entry of data from invoices, purchase orders, credit notes, receipts, bank statements, and the like. This is time-consuming, error-prone and repetitive work which, though essential, is not profitable.
We can meet these challenges with vDigiDocr: an AI-powered OCR software platform designed to scan, digitize, extract data, edit, protect and share all types of documents to maximize efficiency in digital workplaces.Our system processes financial documents in bulk, reducing manual effort and minimizing errors. It automates the Data Extraction Process & Transfer of Data thus contributing to profitability & growth. It also supports various areas of regulatory compliances increasing the accounting efficiency.
GST Registration
GST Returns
GST Audits
Submit Tax Returns
Financial Performance
Tax Implications
Issue Audit Report
Opinion on Financial Statements
Tax Audits
Income Tax Returns
Tax Deductions
Tax Exemptions
Deliver Financial Statements
Maarg Associates, Chartered Accountants based in Bhopal, India, processes between 500 and 1000 invoices and purchase orders per day on behalf of their client. The invoices are in a variety of different formats according to the supplier, and some are hand-written on pro-forma invoices. The task of extracting the required data for analysis was time-consuming, error-prone and boring for their staff.