Tuesday, September 12, 2023

Emburse Rolls Out AI Receipt Scanning Software

Los Angeles- and Portland, Maine-based Emburse announced a new software product this morning, an AI-powered "receipt scanning engine" which feeds into its travel and expense management tools. The company says it is "leveraging AI to identify, extract and validate detailed merchant and transaction information from printed and electronic receipts, down to a line-item level." The company said it used its own dataset for AI training. The company's software is used for submitting and managing expense reports.

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