Inputting data into invoices can be a time-consuming task, and accuracy is crucial.
Fortunately, LawVu's AI-powered invoice extraction can automatically populate the fields for different types of invoices, reducing the need for extensive manual entry and streamlining the process.
The feature will be automatically enabled for organizations utilizing LawVu's Spend Management capability, and will also be extended to the external counsels who upload invoices into LawVu for you.
Automatically extract data when uploading invoices
Users with 'Manage invoices' permission can upload invoices via invoice batch or within the matter. To learn more about this process, click here.
Upon uploading an invoice, a modal will appear to show that extraction is in progress with the option to cancel if needed.
You will then see the familiar invoice modal and be prompted to review auto-populated fields. By clicking the values in the invoice field on the left, you will be seamlessly directed to the corresponding values on the original invoice.
The fields will remain editable, allowing you to make any necessary adjustments or correct any inaccuracies in the auto-mapping before posting.
After you've finished reviewing the auto-populated fields and filling in any additional required fields, click Done.
Note: If your organization uses multiple currencies, the currency is automatically mapped and updated in the invoice modal.
If the extraction process fails for any reason, you will come across the following message. Please click 'Try again' to retry the extraction.
Which fields are automatically extracted?
Invoice number
Currency
Fees
Disbursements
Total tax
Invoice date
Due date
Purchase order number
Legal service provider (applies specifically only when the invoice is uploaded by the LSP. LawVu clients will still have to enter the LSP manually.)
At LawVu, we recognize the sensitivity of the data we handle for our clients, requiring top-notch information security and privacy safeguards. Our comprehensive compliance program adheres to global standards such as ISO27001, SOC1, SOC2, HIPAA, and GDPR.