01 / Invoice Processing & Smart Categorization
Your AI assistant processes every invoice.
Drop any invoice (PDF, JPG, PNG, HEIC) into MagicBill and our AI extracts vendor, amount, currency, date, IBAN, and line items — then suggests the right hierarchical category and tags based on your past invoices. Drag a folder, send it by email, or scan with your phone — the result is the same: clean, structured, categorized data ready to use.
- OCR for scanned receipts and electronic PDFs
- Auto-detects currency and converts to your main currency
- Smart category & tag suggestions with confidence score
- Hierarchical categories (Office › Supplies, Travel › Flights, …)
- Recursive folder upload & duplicate detection
- Bank statements supported as a separate document type
Processed invoices become part of your financial workflow: they feed dashboards, budgets, partner histories and project rules, making it easier to spot recurring costs, review spending and keep client or project finances under control.
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