The Template-Based Revolution
Why generic invoice solutions fail but our template-based approach delivers 80% cost reduction
Our Mission
At Coverbill, we're transforming invoice processing through custom template-based automation. Unlike generic OCR solutions that promise universal coverage but deliver mediocre results, we create precision templates specifically for your invoice formats, ensuring maximum accuracy and cost reduction.
Why Template-Based Extraction Outperforms Generic OCR
Four key advantages that deliver 80% cost reduction where other solutions fail
1Format-Specific Extraction
Instead of using generic OCR that struggles with different formats, we create custom templates specifically for your invoice formats. This approach delivers 99.99% accuracy and faster implementation.
- Precision field mapping for each vendor
- 99.99% accuracy for known formats
- 2-week implementation (vs. 3-6 months)
2Zero-Backlog Processing
Our solution processes thousands of invoices in minutes, eliminating backlogs completely—even during month-end closing periods when traditional processing creates bottlenecks.
- Process 1,000+ invoices in minutes
- Eliminate month-end bottlenecks
- Faster financial close cycles
3Finance Team Transformation
By automating 80% of manual work, we transform your finance team from data processors to strategic advisors who can focus on financial analysis instead of data entry.
- Convert data entry time to analysis time
- Eliminate overtime and weekend work
- Improve employee satisfaction and retention
4Template Maintenance Service
We continuously monitor and update your templates as invoice formats change, ensuring consistent accuracy with zero maintenance burden on your team.
- Automatic template updates
- Continuous accuracy monitoring
- Zero maintenance burden on your team
Our Template Processing Technology
Powerful tools for unmatched invoice processing accuracy and speed
Template Engine
Custom field mapping and extraction rules for each invoice format
Validation Framework
Advanced validation rules that ensure data quality and prevent errors
Processing Pipeline
High-volume document processing with zero backlogs
Integration Layer
Seamless connection with your existing financial systems
Our Business Impact By The Numbers
Measurable results our clients achieve within the first month
The Coverbill Difference
Format-Specific Templates
Unlike generic OCR solutions, we create custom templates for your specific invoice formats, delivering 99.99% accuracy and faster implementation.
80% Cost Reduction
Our template-based approach reduces invoice processing costs by an average of 80% while improving speed and accuracy.
2-Week Implementation
Our team handles the entire implementation process, delivering ROI in just 2 weeks instead of the 3-6 months required by generic solutions.
Zero Maintenance Burden
We continuously monitor and update your templates as invoice formats change, ensuring consistent accuracy with no maintenance effort from you.
Ready to Cut Processing Costs by 80%?
Get a custom analysis showing exactly how much you can save with our template-based solution.