PARCHIFY: AUTOMATED INVOICE PROCESSING USING DOCUMENT AI AND RPA FOR INDIAN SMALL BUSINESS DIGITIZATION.

Digital transformation is no more an option but a compulsion for the industry verticals across the world.From large enterprises to smaller ones, every organization has to deal with volumes of financial documents generated from procurement systems, vendor invoices, expense reports, and supply chain workflows.In this scenario, automation is emerging as a key enabler to boost efficiency while cutting down manual workload.Technologies such as OCR, AI, RPA, and document understanding models are finding wider acceptance in streamlining the workflows related to financial documents.There are more than 63 million MSMEs in India's small business ecosystem.However, most of them still face different challenges in digitizing mixed-format invoices, especially those written by hand or printed.In that regard, this work presents a web-based approach called "Parchify" that utilizes document AI on the cloud and email automation with template-free document processing.The goal will be to understand how enterprisegrade automation methodologies can be leveraged for resource-constrained environments and to provide insights into considerations in system design, strategies for integration, and scalability in financial document processing solutions.