TCO Calculator
for Data Extraction from Purchase Orders

Finance and procurement teams spend time reading purchase orders and invoices, keying fields into ERP systems, and resolving mismatches. Layout changes, complex line items, and handwritten notes drive manual checks that increase cost and cycle time while adding risk of overbilling and compliance issues.

AI extracts and structures PO data, validates invoices against PO terms, and routes only true exceptions for review. Teams gain faster throughput, higher accuracy against SLA targets, and clean audit trails without changing vendor document formats.

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

If your organization relies on legacy OCR for PO data capture, accuracy typically caps at about 80%. OCR struggles with handwritten invoices, poor scans, and complex tables, forcing analysts to manually recheck and re-enter data. This results in higher costs and slower processing cycles.

TCO with AI-based Solution

Modern AI that combines OCR with natural language processing and vision models lifts accuracy to approximately 92% accuracy ±2%, generalizes better across layouts. However generic AI cannot pinpoint which fields are wrong with certainty, so teams still verify low confidence outputs and critical fields to protect financial controls.