At least 15% of your purchase invoices may have mismatches with e-way bill, QR code, and GSTR 2A resulting in ITR losses.
Clear capture automatically detects mismatching invoices by comparing them with the data from your GST account.
Manual entry of a single invoice may need upto 120 keystrokes. This can take at least 12 minutes resulting in a 4% error rate.
Clear Capture cuts your invoice entry time from minutes to seconds by automating with its AI-based data extraction technology.
Learn how Clear Capture can solve your specific AP requirements
We look forward to help you understand how our AI-based technology can help transform your Accounts Payable process to benefit your business
ClearAP is the Accounts Payable automation platform created by the makers of Cleartax. We are eager to replicate our success in simplifying AP and invoice compliance for enterprises. ClearAP enables automation of accounts payable processes, by providing an efficient invoice validation & management system to ensure compliance, increase savings, and deepen engagement with all your suppliers.
At Clear, our sister concern, we have been making usable and dependable software solutions that serve individuals, SMEs, CAs, and enterprise customers since 2011. The repeated requests from our customers for other high-quality solutions to augment their existing software products led us to launch ClearAP, which will run in parallel to our existing software/SaaS offerings.
Clear Capture is the first product to launch as part of ClearAP suite to enable enterprises to automate the process of invoice entry. Clear Capture helps enterprises in avoiding penalties due to processing of wrong invoices, minimizes errors, cuts short the man hours needed for invoice data entry while reducing overheads.
Vendors get paid early and also get clarity on payment dates. Vendors calling our procurement teams for payments has totally stopped, and our teams now focus on core tasks. Highly recommended!
The flexibility to choose between treasury funds and external capital enables us to run a highly nimble program utilising our surplus most efficiently. Ease of use and automation has ensured there are no overheads for us to run the program.
Clearfin has been critical in managing risk in our supply chain during Covid pandemic. The team was able to not just set-up the platform in a very short time, they also onboarded our vendors digitally and helped start transacting.
Clearfin has not only helped us increase our bottomline, but also improved the financials of our vendors. Our vendors are now less dependent upon other financial institutions for loans and have better working capital.
If your company manages at least a few hundreds of Vendors or processes at least a few tens of thousands of vendor invoices per annum then you will see a drastic benefit in efficiency with Clear Capture.
Clear Capture is first in the industry to provide an integrated solution to extract data from an invoice via OCR as well as validate the extracted data against over 40+ checks with several sources of government data. Clear Capture ensures that the invoices that flow into your ERP are always guaranteed to be 100% compliant.
Yes, you can. ClearCapture has the capability to automatically pick the scanned copies of the invoices from a common folder or an email address. This makes it very flexible for you to route your vendor invoices across multiple channels.
ClearCapture automatically detects mismatching invoices by running them through 40+ detailed compliance checks & comparing the invoices with the data available on the GST portal.
ClearCapture runs checks at the invoice level as well as the Vendor GSTIN level for every e-invoice. It decodes the QR code and detects whether the vendor GSTIN is e-invoice mandated or not. The solution also reads 8 other fields from the QR code to verify if the invoice is digitally signed by the NIC.
ClearCapture supports integration with most of the industry-standard ERP’s in the market. By integrating your ERP with ClearCapture, you can ensure that the approved invoices with the validated information are pushed to your ERP as per your specific requirement.
ClearCapture will automatically capture every header field of an invoice ( such as Vendor GSTIN, address, contact details, invoice date, IRN etc.) as well as the line item fields (such as product description, HSN/SAC code, tax rates, invoice amount etc.). The extracted invoice field data can then be exported as an excel sheet with a customized format as per your requirement.
ClearCapture supports invoices in multiple formats such as pdf/docx/tiff/png/jpeg etc
ClearCapture’s technology is based on an AI engine that is auto-trained to read Indian specific invoices very accurately. The engine has been modelled across thousands of indian invoice templates. Unlike ClearCapture, most OCR tools in the market are trained for US/EU invoices and do not perform well for Indian invoice formats