TCO Calculator
for Multiformat processing for POs

Global enterprises receive purchase orders in varied formats, PDFs, scanned images, XML, Excel, and EDI, which makes extraction and standardization challenging. Legacy OCR systems are designed primarily for static PDF or image formats and fail to process structured and semi-structured digital-native formats. This results in high manual review effort, slower procurement cycles, and increased error rates.

AI-powered multiformat processing enables automated extraction of purchase order data across diverse formats through adaptive parsing and normalization. By supporting both traditional and digital-native formats, enterprises reduce manual intervention, streamline procurement operations, and ensure higher accuracy.

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

TCO with Existing Solution

Legacy OCR achieves 80% accuracy and struggles with structured formats like XML, Excel, and EDI. As a result, procurement teams must manually verify and correct extracted data, driving up costs and delaying order processing.

TCO with AI-based Solution

Modern AI combining OCR, NLP, and adaptive parsing achieves 92% accuracy ±2% across multiple formats. While this reduces the need for manual intervention, generic AI cannot always detect parsing inconsistencies, requiring verification before final integration into procurement systems.