TCO Calculator
for Document Classification

Enterprises receive a variety of financial and operational documents ranging from invoices and purchase orders to contracts and credit notes. Manually classifying these documents for correct routing and downstream processing is error-prone and time-intensive.

AI-powered classification automates this process by reading document content, identifying document type, and tagging it with the right metadata. This ensures correct workflow routing, compliance, and reduced operational overhead.

This total cost of ownership calculator helps you evaluate the true ROI of document classification using modern AI-powered alternatives over traditional OCR-based solutions.

TCO with Existing Solution

If your organization uses legacy OCR or rule-based systems for classification, accuracy often falls below enterprise requirements. Most systems rely on keyword spotting or template matching, which break down when formats change. This leads to heavy manual review and correction.

TCO with AI-based Solution

Modern AI models, including LLMs, can read unstructured documents and classify them into categories. While they typically achieve about 92% accuracy ±2%, generic AI systems still lack the ability to highlight where the classification went wrong, forcing costly human verification.