Vendor Name and ID Recognition
Another benefit of layout recognition, especially inside the Invoice Group Locator, is that you can also use it for vendor detection. Typically, an invoice layout is specific to a vendor. This corresponds to a vendor name and a vendor ID in your project. By recognizing an invoice layout, the associated vendor name and ID are recognized as well. For a small percentage of the document volume, you might have multiple vendors using the same invoice layout. In that case, the Database Locator or other extraction methods should handle vendor recognition. Vendor recognition based on the Invoice Group Locator is fully integrated into Extraction Online Learning.