TCO Calculator
for Multilingual Data Extraction from Invoices

Enterprises handling global vendor networks face challenges in processing invoices in multiple languages and formats. Traditional extraction systems are limited to single-language processing, which leads to inconsistencies in accounting records, higher manual verification costs, and delays in reconciliation. Standardizing multilingual invoice data is critical for timely and accurate financial operations.

AI-powered multilingual extraction enables enterprises to process invoices in any language with consistent accuracy. By combining translation and structured data extraction, organizations reduce manual overhead, ensure compliance with local regulations, and accelerate the procure-to-pay cycle.

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 systems deliver 80% accuracy and cannot reliably handle multilingual invoices, requiring extensive manual review by finance teams. This leads to increased costs, slower invoice processing, and potential errors in accounting records.

TCO with AI-based Solution

Modern AI with OCR, NLP, translation, and vision models achieves 92% accuracy ±2%, significantly reducing manual review across diverse languages. Yet, since generic AI cannot fully identify translation or semantic errors, verification is still required before posting entries into accounting systems.