best API for Receipt OCR App

Developers within organisations large and small are often challenged to identify and implement digital solutions that streamline operations, save money, and enable senior management to offer a better solution to customers. This is nothing new.

More often than not, identifying those solutions that add commercial value is the challenge. The digital ecosphere is rife with opportunity. Luckily, we live in an era of APIs and open-source solutions so businesses can seamlessly implement solutions that have much commercial value.

Take apps, for instance. Apps make it easier for businesses to promote their products or services, develop relationships, engage with customers, gain essential feedback, improve the customer experience and much, much more.

Now it can be challenging for developers to identify a specific app that adds real commercial value, allowing businesses to offer something more than the competitors whilst providing value for more and true scalability solutions.

So, let’s look at a couple of apps which, once implemented, add real value to businesses. Make sure to read the last one and learn how Tabscanner’s receipt OCR API can be a lifesaver in more ways than one.

Square

Square is one app that’s proven to be quite popular with small businesses. Considered by many as the payment app to help businesses like hairdressers, retail outlets, and beauty salons to manage their payments, Square allows businesses to take customer payments with ease. There are no hidden fees or long-term commitments, merely swift and secure payments.

Free to download, Square comes with a free reader which can be attached to your phone or mobile device and enables small businesses to swipe credit cards. The app deducts 2.75% from all credit card transactions. You can also pay extra for a reader that accepts contactless and chip cards.

Better still, Square Register provides payment processing solutions to businesses with their POS (point-of-sale) system. The only drawback is that it isn’t cheap.

Gusto

Our world of remote working doesn’t look like it’s going to conclude anytime soon. This has forced many businesses to complete rethink their operations – and apps have become a necessary requisite for businesses to ensure operational efficiency.

This exceeds far beyond simple departmental requirements. Entire businesses have opened up to the possibilities of a fully online infrastructure, with solution’s like Tabscanner’s receipt OCR API for app becoming essential.

Now, in a broader, financial sense, Gusto helps businesses to handle their payroll, benefits, and taxes in one powerful app. Not only that, but the app also helps businesses to report new hires, onboard new employees, whilst managing all taxation requirements, automatically deducting payments from employees.

Free for the first month, Gusto supports entrepreneurs who are starting a business or switching providers. Easily integrated into software and providing direct access to certified HR experts, Gusto is one app that developers shouldn’t discount.

PicMonkey

A picture tells a thousand words. An old cliché we know, but in 2021 it’s as true as it’s ever been. In the online world you get seconds to make an impression and, as important as copy is – and will continue to be in the future – there’s really no substitute for a well-edited picture.

Today, people make a living on Instagram. Influencers charge a small fortune to plug a product or service. Travellers document their travels and use revenue achieved to fund their never-ending global holidays. The possibilities are vast as the opportunities are plentiful.

Of course, something like receipt data extraction is a practical solution that all businesses will need as the decade unfolds, but plenty of people make a good living by visually sharing their experiences online.

Enter PicMonkey. This free photo editing app makes it easy for entrepreneurs to have a social media presence that doesn’t just pique attention but build authority. The best part? You don’t need any graphic design experience to edit photos. Incredibly user-friendly, you can create premium features on the go, anywhere in the world.

Tabscanner

Now, we can’t leave out the best receipt OCR app API – Tabscanner. Featuring the world’s most powerful API, developers would be missing a beat if they choose to ignore the commercial solutions Tabscanner offers.

Simply put, the software is paramount to helping businesses small and large to keep on top of their expenses. Having successfully extracted more than 100,000,000 receipts globally and featuring a lightning-fast API capable of extracting data in less than two seconds to a 98% accuracy rate on all core data, this receipt OCR software is vital to helping businesses to stay on top of their expenses.

All you need to do is take a picture of your receipts with your smartphone camera. The data is then transferred into a digital file and stored in the cloud.

Better still, Tabscanner provides multi-language support and is capable of accurately extracting data from virtually any language and character set in the world with it’s intuitive, cutting-edge AI capable of understanding receipt fields at human levels of understanding.

Completely solving the problem of managing boxes and boxes of paper receipts, streamlining operational costs, and freeing up vital accounting time that could be better spent on more important tasks, Tabscanner’s OCR receipt data extraction is a solution that businesses of all descriptions and sizes simply shouldn’t be without in today’s modern, digital working environment.

So, there you have it, a handful of mobile apps that developers should seriously consider investing in. If, for any reason, you’re still not 100% sure of any of their merits, why not give them a try? We’re sure that you’ll be pleasantly surprised with just how good they are!

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