AI4S: Receipt OCR
Hi guys👋
We've just released one of the most requested features by our customers this Monday! The receipt OCR extraction on AI4S. Our customers will be able to build their own receipt OCR models.
It was a challenging project where the goal was to translate a complex problem into a very simple and flexible solution to reduce time spent on inefficient manual tasks and avoid data entry or validation errors that could burn a hole in our customers pocket.
Hope you guys like this 🥳
What is Receipt OCR?
Receipt OCR is a powerful technology that leverages artificial intelligence and machine learning to extract key data from receipts and other financial documents. As businesses increasingly move toward digital record keeping and automation, receipt OCR has become a vital tool for streamlining accounting, expense management, and bookkeeping processes.