We're on a Mission to
Stop Vendor Overcharges
Every year, businesses lose billions to vendor pricing errors and overcharges. We built ReceiptExtractor to automatically catch these issues before they cost you money.
Our Story
ReceiptExtractor was born from a frustrating discovery: A facilities management company found they'd been overcharged $18,000 by a trusted vendor over just six months. The vendor had quietly increased prices on dozens of items, hoping no one would notice.
Manual invoice verification is tedious, error-prone, and time-consuming. Even with a dedicated team, it's nearly impossible to check every line item on every invoice against your pricing agreements.
We knew there had to be a better way. Using advanced AI technology, we built ReceiptExtractor to automatically extract pricing data from contracts and invoices, then compare them instantly. What used to take hours now takes seconds.
Today, we help hundreds of businesses catch overcharges before they become losses. Our customers have recovered over $127,000 in vendor overcharges, with an average savings of $18,450 per year.
Our Values
Accuracy First
Our AI achieves 95%+ accuracy in extracting pricing data, ensuring you catch every overcharge.
Speed Matters
Process invoices in under 10 seconds. Get results immediately, not days later.
Data Security
Your contracts and invoices are encrypted and secure. Multi-tenant isolation ensures privacy.
Customer Success
We succeed when you save money. Our goal is to help you catch every overcharge.