Float’s Bill Pay includes an industry-leading AI-powered Optical Character Recognition (OCR) feature, offering one of the fastest bill payment experiences available. Here’s how it works and how it can benefit your payment process:
Key Features
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Automatic Scanning: The AI-powered OCR automatically scans receipts and bills upon upload, quickly extracting key information to save you time. Each scan takes approximately 10 seconds or less.
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Field Pre-population: Once scanned, the OCR pre-populates fields in the bill form with essential details like the merchant name, transaction date, and amount. This minimizes manual entry and reduces the risk of errors.
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Unlimited Use: Enjoy the convenience of unlimited OCR scans, ensuring that every bill is processed with speed and accuracy.
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PDF Support: The OCR feature supports PDFs, making it easy to upload and process a wide range of document types.
Benefits
Using AI-powered OCR in Float’s Bill Pay streamlines your bill management process, allowing you to focus on more strategic tasks. With fast and accurate data extraction, you can ensure your bills are ready for approval and payment with minimal effort.
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