Invoice OCR uses computer vision and language models to read scanned or photographed supplier invoices, extracting item names, unit prices, quantities, and total costs without manual data entry. MenuMargin AI's invoice ingestion module applies OCR to uploaded invoice images, converting unstructured PDF or photo data into structured line-item records linked to recipe ingredients. This eliminates the primary source of spreadsheet error in recipe costing and enables cost updates within hours of a price change rather than days or weeks later.
← Glossary
Invoice OCR
Optical Character Recognition applied to supplier invoices to extract line-item data for automated costing.
Related terms
- Recipe Costing — The process of calculating the per-portion cost of a recipe by accounting for every ingredient and yield.
- Plate Cost — The total ingredient cost for a single prepared menu item, calculated from the cost per ingredient portion.
- AI Costing — Automated plate costing powered by LLM-based invoice and recipe ingestion, reducing manual spreadsheet dependency.