Take advantage of our futuristic and unique Receipt OCR API to extract relevant information on receipts on the fly.
A receipt OCR API is a programming interface that allows developers to extract information from receipts using optical character recognition technology. It enables automated data extraction from receipt images, eliminating the need for manual entry. In comparison to manual data entry, this saves time and reduces errors.
Information extraction (IE) from scanned receipts is a process that initially identifies all the characters in the image and then detects and extracts all the key information through text, signs, tables, and digits.
Keeping records of receipts is vital for individuals as well as business owners. Receipts can be digitalized by putting the receipt in a scanner attached to a computer or taking a picture using a smartphone. These receipts can then be processed through the OCR receipt scanner service to extract key information.
OCR (Optical Character Recognition) and auto-detection of receipts can be implemented by following the below steps:
Receipt parsing is a process that uses digital receipts to extract key information from a receipt scan.
At VisionX, we understand the importance of accurate data extraction from receipts for businesses in various industries. Our Receipt OCR API can accurately extract data from various types of receipts, including those with distorted or tilted images, poor resolution, or unusual layouts. We continuously train our system to improve accuracy and stay up-to-date with the latest technology and best practices. With our API, you can be confident that your receipt data will be accurately extracted and processed in a timely manner. This allows businesses to streamline their operations, reduce errors, and make data-driven decisions based on accurate and reliable data. The accuracy of our API is approximately 95%.
Tired of manually entering data from receipts into your expense tracking software? Our Receipt OCR API automates the process, saving you time and reducing errors.