@Sirisha Moogal Welcome to Microsoft Q&A Forum, Thank you for posting your query here!
The OCR - Optical Character Recognition allow you to extract printed or handwritten text from images such as posters, street signs and product labels, as well as from documents like articles, reports, forms, and invoices. The text is typically extracted as words, text lines, and paragraphs or text blocks, enabling access to digital version of the scanned text.
To answer your question, Yes, you can use the existing pre-built model to extract the text from invoice. See the below example, where I used the Vision Studio to extract the text from invoice using OCR feature:
More info here.
Hope this helps. If you have any follow-up questions, please let me know. I would be happy to help. ** Please do not forget to "Accept the answer” and “up-vote” wherever the information provided helps you, this can be beneficial to other community members.