AI OCR for receipts

In the complex landscape of receipt OCR technology, achieving high levels of accuracy is crucial for businesses that depend on detailed data extraction from various receipt formats. At Tabscanner, we understand that the needs of our clients can be intricate and unique, which is why we offer the “Data Refinement” service—a specialized support system designed to configure and optimize our OCR solution to meet the most demanding requirements.

Tailored Optimization for Enhanced Accuracy:

Our dedicated team at Tabscanner focuses on refining our system to capture that critical last 5-10% of accuracy that makes all the difference. We recognize that while most OCR platforms perform well in extracting basic information like totals, date/time, and payment methods, the real challenge lies in the nuances of more complex data points:

  • Custom Receipt Formats: Receipts often vary significantly in their format, especially when it comes to unique identifiers like ReceiptNumbers and IDs, or store-specific date formats that don’t conform to standard templates.
  • Challenging Visual Elements: Some receipts may feature logos or other graphical elements instead of text to denote the store name, complicating the extraction process.
  • Detailed Line Item Data: Extracting and classifying detailed product information from line items requires a high degree of precision and understanding of the receipt layout and customization to extract product codes, descriptions, quantities and units information.

How Our Data Refinement Service Works:

  1. Requirement Gathering: Send us examples of the receipts you need to process along with your detailed requirements. Our team will review these to understand the specific challenges and data needs of your project.
  2. Custom Configuration: Leveraging our expertise in OCR technology, we will configure our systems specifically to handle your receipt formats, ensuring that all necessary data points are accurately captured.
  3. Proof of Concept (POC): To demonstrate our capability, we will conduct a mini-POC on four or five of your receipt formats, showcasing the effectiveness of our tailored solutions.

Benefits of Data Refinement:

  • Increased Accuracy: By refining our OCR technology to suit your specific needs, we significantly reduce errors and enhance data reliability.
  • Customized Solutions: Our approach is not one-size-fits-all. We tailor our solutions to meet the unique challenges presented by your receipt data.
  • Confidence in Data: With improved accuracy and detailed extraction capabilities, you can make more informed decisions based on reliable data.

At Tabscanner, we are committed to delivering unparalleled accuracy and detailed extraction, no matter how complex your requirements may be. Our dedicated team is here to ensure that every aspect of your receipt data is captured accurately, helping you to harness the full potential of OCR technology in your business operations.