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**Streamline Invoice Management with Document Understanding**
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Automating the data extraction process from newly uploaded invoice files on **OneDrive** and storing it in **Excel** can be effortless. With the help of **Document Understanding** powered by AI technology, this template ensures a smooth automated workflow for handling invoices.

### **The Magic Behind the Process**

**Document Understanding** comes into play when a fresh invoice is uploaded to OneDrive, to facilitate data extraction. The extracted data is then exported to an Excel workbook, enhancing the efficiency of **data management**.

### **Why Choose Our Template?**

With this optimized approach, businesses can elevate their productivity and accuracy in handling invoice information. Automating the data extraction process from **OneDrive to Excel** through **Document Understanding** streamlines operations and minimizes manual intervention.

Extract data using Document Understanding when a new invoice is uploaded to OneDrive, then export it to an Excel workbook.

Extract data from a new invoice file in OneDrive and store it in Excel