Simplify your invoice processing with AI-powered tax extraction. Save time, eliminate errors, and streamline your accounts payable workflow.
For small businesses and finance teams, the process of manually calculating and extracting tax amounts from invoices can be a tedious and error-prone task. Each invoice comes with its own format and structure, leading to inconsistent data entry practices and a high risk of mistakes. Studies have shown that finance teams can spend more than 10 hours a week just on invoice data entry and verification, leading to increased operational costs and delayed payments. Frequent errors in tax calculation not only waste time but can also result in compliance issues with tax authorities.
InvoiceRunner addresses these challenges head-on by automating the tax extraction process. Our innovative AI technology allows users to automatically extract tax amounts from invoices of any format without the need for templates. By seamlessly integrating this feature into your accounts payable workflow, you can reduce the time spent on manual data entry, improve accuracy, and gain greater confidence in your financial reporting. The system monitors your email inboxes for invoice attachments, extracting critical data automatically and accurately.
With InvoiceRunner, users experience a transformative shift in their invoice processing workflow. By automating the extraction of tax amounts along with other invoice data, finance teams can shift their focus to strategic initiatives rather than tedious administrative tasks. This leads to greater efficiency, reduced stress, and ultimately, a healthier bottom line for small businesses and accounting firms alike.
Common challenges faced every day
Purpose-built invoice automation
Tangible benefits that impact your bottom line
With automated tax extraction, users can focus on higher-level tasks while InvoiceRunner handles the grunt work.
Our advanced AI ensures near-perfect accuracy in data extraction, minimizing costly errors.
Stay protected from overpayment with AI checks that catch duplicate invoices.
Directly sync extracted tax amounts with your accounting software without manual input.
Quickly get started with a simple setup process, requiring minimal effort.
Handle an increasing volume of invoices effortlessly without the need for extra manpower.
Everything you need to automate invoice processing
Monitor Gmail or Outlook 24/7 for invoice emails.
Never miss an invoice
Extract vendor, dates, amounts from any format.
No templates required
Verify calculations before syncing.
Catch errors automatically
Sync to Xero, QuickBooks, etc.
One-click sync
Check for duplicate invoices.
Prevent costly errors
Match to existing vendors.
Keep vendor data clean
Real scenarios from users like you
A small marketing agency used InvoiceRunner to automate tax amounts on an average of 150 invoices per month.
Example: They reduced manual checks and errors drastically, improving their compliance with local tax regulation.
A retail store faced high manual workloads with vendor invoices.
Example: With InvoiceRunner, the store streamlined its tax extraction process, allowing the team to focus on restocking rather than paperwork.
A construction firm generated hundreds of invoices with varied tax calculations.
Example: After implementing InvoiceRunner, they reduced invoice processing time by 75%.
An IT consultancy dealt with diverse international invoices, with complex tax structures.
Example: InvoiceRunner enabled them to easily handle differing tax laws and rates through automated extraction.
InvoiceRunner is designed to work with your existing tools
Link your Gmail or Outlook account securely.
Connect to your accounting software with one click.
InvoiceRunner extracts tax data from your invoices automatically.
Draft bills for your review appear, ensuring accuracy before finalizing.
Seamless integration with popular platforms
“InvoiceRunner has transformed how we handle our invoices, especially tax extraction. The time we save allows us to refocus our efforts on growth.”
“Before using InvoiceRunner, we struggled with tax compliance. Now, we are confident in our accuracy and can process invoices in record time.”
Most users are up and running in under 5 minutes.
PDF, images (JPG, PNG), and scanned documents.
We use bank-grade encryption and never sell your data.
All invoices are created as drafts for your review.
Xero, QuickBooks, Zoho Books, FreshBooks, and Sage.
Yes! 10 free extractions, no credit card required.
Join businesses saving hours every week with InvoiceRunner.
Start Free TrialInvoiceRunner automates the tedious parts of accounts payable.