What is receipt OCR?
Unlock the power of automation with Receipt OCR (Optical Character Recognition) - a technology that automates the data extraction from scanned and digital receipts.
It utilizes advanced AI and machine learning algorithms to convert receipt data into a structured format. Effortlessly capture critical details such as the date, receipt number, itemized purchases, totals, and vendor information.
Say goodbye to tedious manual data entry, reduce errors, and boost overall efficiency. With Receipt OCR, empower your team to focus on what truly matters—growing your business.
How does receipt OCR work?
Set up your receipt parser within minutes in 3 simple steps.
-
1. Upload your receipts
Upload your PDF receipts or forward them via email or API.
-
2. AI processing
The receipt data is instantly extracted with our AI tool.
-
3. Automated export
Receipt data is then seamlessly integrated into your accounting software or ERP system.
Trusted by thousands of happy businesses
What fields can Parseur extract from receipts?
Below is a list of the most commonly extracted fields from receipts. With Parseur, you have the flexibility to customize this list by adding, renaming, or removing fields as needed.
Parseur is designed to support data extraction from receipts in any language and format.
-
Sample value
-
Text (multi-lines)
ReceiptNumber
The unique identifier for the receipt.
12345
-
Date
receiptDate
The date the receipt was issued.
2024-01-01
-
Person's name
VendorName
The name of the vendor.
ACME Inc.
-
Address
VendorAddress
The address of the vendor.
456 1st Street, Newtown, USA
-
Number
SubtotalAmount
The subtotal amount before taxes.
$90.00
-
Number
TaxAmount
The total tax amount.
$9.00
-
Number
TotalAmount
The total amount due.
$99.00
-
Text (multi-lines)
PaymentMethod
The payment method used to clear the invoice.
VISA
-
Table (list of items)
Items
The list of items purchased.
sku description quantity unit_price total 12345 Product A 2 $10.00 $20.00 67890 Product B 3 $15.00 $45.00 24680 Product C 1 $25.00 $25.00
Why choose Parseur for receipt processing?
Parseur's Receipt OCR technology offers a powerful tool for businesses of all sizes to automate the extraction of data from paper and digital receipts.
-
Reduced Processing Time
Slash the hours your team spends on receipt parsing, allowing them to engage in more strategic tasks.
-
Increased Accuracy
Minimize errors with our state-of-the-art AI-powered OCR technology, designed for high accuracy.
-
Cost Savings
Lower operational costs through automation of manual data entry tasks and reduce the need for additional staffing, even during peak periods.
-
Enhanced Data Security
Trust Parseur to protect your sensitive information with robust data security measures.
FAQ about receipt OCR
All your questions about our receipt parsing solution.
-
Parseur has native integrations with Zapier and Make that enable you to export data to any accounting tool such as QuickBooks or Zoho receipt.
-
No coding skills are required to use Parseur. Our AI and visual editor allows you to create custom templates and parsers with ease.
-
Our OCR engine was extensively trained to recognize text in more than 60 languages, including English, Spanish, French, German, Dutch, Russian, Japanese, Korean, Chinese, Hebrew, Arabic, Hindi, and more. Furthermore, it has experimental support for another 160+ languages.
-
Parseur can extract the currency, receipt code, reference number and many more fields!
-
Yes, Parseur can easily parse data from purchase orders, invoices, and quotations among others.
-
Security is our top priority. Parseur uses advanced encryption standards to protect your data. We adhere to strict data privacy regulations and implement best practices to ensure your financial information is secure and confidential.
-
Definitely! Parseur can process thousands of scanned receipts within minutes.
-
You can review our pricing plans here.
Related use cases and blog articles
40,000+ businesses can't be wrong
Thousands of companies from all around the world already trust Parseur with their data extraction processes. Join them today!