Goods Received Notes OCR API

Every Goods Received Note contains dozens of critical data points that businesses desperately need—purchase order numbers, supplier information, delivery dates, item descriptions, quantities received, unit prices, and invoice references—yet most organizations across industries still rely on painfully manual processes that consume 20-35 minutes per document processing, create massive operational bottlenecks, and leave dangerous room for human error. With procurement departments spending up to 67% of their time on manual paperwork and invoice processing errors costing businesses an average of $53.90 per mistake, the impact compounds rapidly. From manufacturing companies losing production efficiency while waiting for inventory confirmation, to retail chains struggling with stock reconciliation delays that contribute to the $1.1 trillion in global inventory distortion, to distribution centers chasing missing shipment details, the cost of manual GRN processing extends far beyond wasted time—it directly impacts cash flow, supplier relationships, and inventory accuracy.

Veryfi’s Goods Received Notes OCR API transforms this broken process by instantly extracting structured, actionable data from paper documents and digital images with 99%+ accuracy, eliminating the need for manual data entry, supplier verification calls, and the endless back-and-forth that kills productivity and strains vendor relationships. Studies show that automated invoice processing can reduce costs by up to 80% while cutting processing time from days to minutes. Whether you’re processing hundreds of receipts daily or thousands, our advanced machine learning technology scales effortlessly to turn goods received notes into instant business intelligence, helping forward-thinking organizations across every vertical—from procurement teams ensuring accurate purchase order matching to finance departments streamlining three-way matching processes that typically take 3-5 days manually—stop losing time and money to manual verification and start gaining the competitive advantage that comes from real-time, automated goods receipt processing.